USDC deposits and withdrawals are now available on Optimism!
We are excited to announce that Kraken now supports deposits and withdrawals. USD Coin (USDC) on optimism!
funding
USDC funding through Optimism is already underway. You can transfer USD Coin (USDC) to your Kraken account by going to: funding Select USDC. From here, use the drop-down box to select your preferred deposit method (network). optimism.
Note: Kraken currently supports two versions of USDC: USDC.e and Optimism’s native USDC.
Is USDC for Optimism? ⤵️
Here’s what you need to know about assets:
USD Coin (USDC) It is a USD-based stablecoin backed by the US dollar. Transactions are faster and more cost-effective than traditional banking options. Each USD coin is valued at one US dollar, effectively providing a price-stable cryptocurrency. Learn how to add USDC to your cryptocurrency portfolio with our Learning Center article. How to Buy USD Coin (USDC).
Optimism (OP) It is a layer 2 scaling solution implemented on the Ethereum network. It alleviates congestion on the Ethereum mainnet and lowers transaction fees by aggregating multiple transactions using a technique called optimistic rollups. OP is Optimism’s native governance token, allowing OP token holders to participate in decisions regarding the future direction, upgrades, and parameters of the protocol.
Ready to deposit but don’t have a Kraken account yet? Join now!
Trade with caution
There is no guarantee that limit orders will be executed. There is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.
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