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Home Cryptocurrency

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

Cryptto Moments by Cryptto Moments
March 17, 2023
in Cryptocurrency
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Buying and selling for GMX (GMX) begins March 21 – deposit now!
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We’re thrilled to announce that GMX (GMX) is now out there on Kraken!

Funding and buying and selling

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

Notice: Solely deposit GMX on Kraken utilizing the Arbitrum One Community. Deposits of GMX utilizing some other community might 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 Value Decimal Precision Minimal Order Dimension Minimal deposit
GMX USD, EUR 6 0.050 0.014

Notice:  

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

Right here’s what it’s worthwhile to know concerning the token:

GMX (GMX) is a swap and spot trade platform that operates on a decentralized, permissionless system. The trade 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 present!

Will Kraken make extra belongings out there?

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

Commerce with warning

There is no such thing as a assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure worth. The provision and liquidity of the actual digital asset will affect a lot of these orders.

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These supplies are for basic info functions solely and aren’t funding recommendation or a suggestion or solicitation to purchase, promote or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you is probably not 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 improve within the worth of your cryptoassets and it is best to search unbiased recommendation in your taxation place.

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

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