Home Crypto News Buying and selling for GMX (GMX) begins March 21 – deposit now! – Kraken Weblog

Buying and selling for GMX (GMX) begins March 21 – deposit now! – Kraken Weblog

by Cryptoroz

We’re thrilled to announce that GMX (GMX) is now out there on Kraken!

Funding and buying and selling

Funding is dwell, and buying and selling will start on March 21 at roughly 14H30 UTC. Add GMX to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit

Notice: Solely deposit GMX on Kraken utilizing the Arbitrum One Community. Deposits of GMX utilizing some other community will likely be misplaced. 

Have already got GMX and a Kraken account? Click on beneath to get began ⤵️

GMX is tradable on Kraken and Kraken Professional with the next parameters:

Asset Pair Worth Decimal Precision Minimal Order Measurement Minimal deposit
GMX USD, EUR 6 0.050 0.014


  • Buying and selling by way of Kraken App and Immediate Purchase will likely be out there as soon as the liquidity situations are met (when a enough variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).

Right here’s what you’ll want to know in regards to the token:

GMX (GMX) is a swap and spot alternate platform that operates on a decentralized, permissionless system. The alternate is ruled by a local token GMX which serves as a utility, governance and worth accrual token for the GMX protocol. By staking GMX tokens, customers can earn a share of the protocol charges and different incentives. The GMX platform at present helps the Arbitrum and Avalanche networks.

Able to deposit GMX however don’t have a Kraken account but? Join at the moment!

Will Kraken make extra property out there?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s out there tokens will be discovered right here, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can’t reply any questions on which property we could also be making out there sooner or later. 

Commerce with warning

There isn’t any assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure worth. The provision and liquidity of the actual digital asset will impression most of these orders.

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These supplies are for normal info functions solely and usually are not funding recommendation or a suggestion or solicitation to purchase, promote or maintain any cryptoasset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and it’s best to search impartial recommendation in your taxation place.

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