USDT deposits and withdrawals are now available on Optimism!
We are excited to announce that Kraken now supports deposits and withdrawals. Bullish Tether (USDT)!
funding
USDT funding through Optimism is already underway. You can transfer Tether (USDT) to your Kraken account by going to: fundingselect USDT Select your preferred deposit method (network) from the drop-down box. optimism.
Does Optimism have USDT? ⤵️
Here’s what you need to know about assets:
Tether (USDT) It was created in 2014 as the first stablecoin, a digital asset that aims to maintain consistent value. Tether is designed to be used as a means of converting cash to digital currency, and it claims that every Tether in circulation reflects its holdings in U.S. dollars. By holding cash and cash equivalents to back the value of the stablecoin, Tether aims to always maintain its value close to $1. Learn how to add USDT to your cryptocurrency portfolio with our Learning Center article. How to Buy Tether (USDT).
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.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.
