RARI, GHST and MATIC trading starts May 17 – Deposit Now

Ethereum remains a driving force behind cryptocurrency innovation. In the last year, it has played host to an explosion in digital art and created a multi-billion dollar market. This has underlined the need for effective scaling solutions.

To that end, Kraken is supporting three new assets: Rarible (RARI), Aavegotchi (GHST), and Polygon (MATIC). 

• Deposits for all three assets are available starting now. 

• Trading will begin on May 17 at approximately 15:30 UTC for all assets. 

Effective today, trading is also now live for MKR, REN and ZRX. Kraken now offers trading on more than 60 digital assets. 

Note: Trading for these tokens is not available to residents of the USA, Canada, Australia and Japan.

Here’s a rundown of the new assets available for deposit on Kraken today.

Rarible (RARI) – The Rarible platform allows digital artists and creators to issue and sell NFTs. Rarible’s marketplace links sellers with buyers interested in purchasing these assets. By owning RARI tokens, Rarible’s native cryptocurrency, holders can vote on the proposals that affect the platform, moderate creators, and curate featured artwork.

Aavegotchi (GHST) – Aavegotchi is a crypto collectibles game where participants can create their very own ghost avatars as NFTs and interact with the Aavegotchi digital universe. The value of an Aavegotchis is determined by its specific physical traits, their accessories, and how many tokens were staked to create them. As the governance and utility token of the Aavegotchi metaverse, GHST enables holders to purchase digital items, including wearables for their avatars, or use them to vote and participate in the game’s development.

Polygon (MATIC) – Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed, and reduce the cost and complexities of transactions on its network. MATIC is the utility token of the Polygon network and is used for securing the chain through staking, participating in network governance and as a unit of payment for transaction fees on the network.

What time will funding and trading start?

• Funding: Already available – you can deposit RARI, GHST and MATIC now!

• Trading: Starts May 17 at approximately 15:30 UTC (Kraken will enable order entry and execution at this time)

• Updates will be posted on the status page near launch time

Trading Pairs for RARI, GHST and MATIC

Each new asset will be available for trading in the following quote currencies:  USD, EUR, GBP and BTC.

How to deposit

• Navigate to “Funding” > Select the asset. You can find the asset either by ticking “Show all assets” or by searching (e.g for “RARI” or “MATIC”). 
• Click “Deposit” next to the asset and follow the on-screen instructions.

Confirmations required before deposits credit

• RARI: 20 (about 5 minutes)
• GHST: 20 (about 5 minutes)
• MATIC: 20 (about 5 minutes)

Trading minimums

• 0.3 RARI
• 5 GHST
• 20 MATIC

Fees and funding minimums 

Which services will be available for RARI, GHST and MATIC?

Available

Not (yet) available

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even about which assets we are considering. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future.

Trade with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

Invest with caution

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.

Source: https://blog.kraken.com/post/9079/rari-ghst-and-matic-trading-starts-may-17-deposit-now/