We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) on Aptos!
Funding
USDT funding via Aptos is already live. You can transfer USDT to your Kraken account by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the drop-down box: Aptos.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
Here’s some more information about these assets:
Tether (USDT)
Tether (USDT) is the world’s first stablecoin. Tether was created in 2014 and according to Tether is a digital asset that is fully backed 1:1 by “real world currencies.” Tether aims to track the U.S. Dollar and is designed to be used as a means of converting cash to digital currency, and claim that all Tethers in circulation reflect the amount of their reserves in U.S. Dollars.
Aptos (APT)
Aptos is a decentralized blockchain and scalable Web3 infrastructure. Aptos’ parallel execution engine and modular design allow for high transaction throughput and low latency. APTOS is the native token of the blockchain which is used to pay for network transaction fees, earn rewards for securing the protocol via staking and vote on decisions that affect the future of the platform.
Please 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).
- Geographic restrictions may apply
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 our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
