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Trading for LayerZero (ZRO) starts now

J_News by J_News
June 21, 2024
in Crypto, Top News
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Trading for LayerZero (ZRO) starts now
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We’re thrilled to announce that LayerZero (ZRO) is now available on Kraken!

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Funding and trading

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

Make sure to deposit your tokens using Ethereum. Deposits made using other networks will be lost.

Got ZRO? and a Kraken account? ⤵️

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

Asset Pair Price decimal precision Minimum order size Minimum deposit
ZRO USD, EUR 4 1 1

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).

Here’s some more information about the token:

LayerZero (ZRO) is an interoperability protocol that serves as a blockchain bridge connecting over 50 blockchains. It also empowers blockchain developers to build omnichain decentralized applications (dApps). Leveraging smart contracts on supported chains, Decentralized Verifier Networks (DVNs) and Executors, it ensures seamless messaging between chains. The ZRO token acts as both a governance and a staking token, allowing participation in the protocol’s decision-making process and rewards mechanism.

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. 


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 makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. 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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