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Trading for Jito (JTO) starts now

Altszn.com by Altszn.com
December 22, 2023
in Solana
0
Trading for Jito (JTO) starts now
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We’re thrilled to announce that Jito (JTO) is now available on Kraken!

Funding and trading

JTO funding and trading are live. Add JTO to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. 

Only deposit JTO on Solana. Deposits using other networks will be lost.

Got JTO and a Kraken account? ⤵️

JTO is tradeable on Kraken and Kraken Pro with the following parameters:

Asset Pair Price decimal precision Minimum order size Minimum deposit
JTO USD, EUR 4 2 2

Note:  

  • Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
  • Not available in Canada and the United Kingdom

Here’s what you need to know about the token:

Jito (JTO) is a liquid staking platform on the Solana blockchain, enabling users to stake their SOL tokens in exchange for JitoSOL, a token representing both staking and MEV (Maximum Extractable Value) rewards. JTO is Jito’s governance token, which grants holders a say in the protocol’s strategic decision making process and future evolution per the guidelines set by the Jito Foundation Constitution.

Ready to trade but don’t have a Kraken account yet? Sign up today! 

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.

Trading for Jito (JTO) starts now

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.

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Read More: blog.kraken.com

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