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Home Crypto Exchanges

Centrifuge (CFG) Trading Starts April 29 – Deposit Now

by admin
April 30, 2022
in Crypto Exchanges
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We’re excited to announce that Kraken now helps CFG!

Funding and Buying and selling

You’ll be able to add CFG to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit. Buying and selling will start April 29 at roughly 18H30 UTC.

Right here’s what it’s worthwhile to know:

Ticker CFG
Tradeable in opposition to EUR, USD
Value precision 4 decimal locations
Minimal deposit 0.18 CFG
Deposit confirmations required 25 (~5 minutes)
Not out there in United States, Canada, Japan
Companies out there Kraken, the Kraken Professional interface

What’s CFG?

Centrifuge is a decentralized finance (DeFi) lending protocol that goals to make credit score extra accessible to small companies, whereas additionally offering a secure yield for buyers by opening pooled liquidity to the world of conventional finance. CFG, Centrifuge’s utility token, is important to maintaining the system safe and is used to pay transaction charges and for holders to assist govern its software program by voting on potential upgrades to it.

Wish to be taught extra about how Centrifuge helps small companies and conventional buyers get began with Decentralized Finance (DeFi)? Take a look at Kraken Be taught Heart’s article What’s Centrifuge? 

Will Kraken record extra belongings?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – not even which belongings we’re contemplating. All of Kraken’s listed tokens can be found on our web site, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can not reply any questions on which belongings we could also be itemizing sooner or later. 

Commerce with warning

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

Itemizing an asset or token for commerce just isn’t a suggestion to purchase, promote, or take part within the related community. Do your individual analysis and make investments at your individual danger.

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