Update received from Kraken…
We are pleased to announce that Kraken will be listing Cosmos (ATOM). ATOM trading starts 22nd of April.
Funding and Trading start time
Cosmos plans to enable ATOM transfers at block 500,000, expected at approximately 8am PST (4pm UTC) on Monday the 22nd. Kraken will enable funding and trading shortly after transfers go live. Clients will be able to place buy orders as soon as trading is enabled, but sell orders will not start appearing until after the first ATOM deposits clear. Extra caution is required when trading a newly listed asset – see the caution about trading below for more information.
The start time is approximate. Check the status page for updates around the time of the launch.
Will the asset be available on Kraken Pro?
Clients will be able to trade ATOM on both Kraken and at Kraken Pro. If you haven’t tried Kraken Pro yet, we highly recommend it. Most clients prefer it for the improved UI, integrated charts and tools. Also, it supports mobile trading (click here on your mobile device and select “Trading” in the bottom right to get started).
What about margin trading?
Margin trading will not be available at launch for Cosmos (ATOM), but may be enabled in the future.
What about futures?
Kraken Futures will not support Cosmos (ATOM) at launch, but we will reassess as the spot markets become more developed.
What about OTC block trades?
Kraken’s OTC desk will support Cosmos (ATOM) at launch.
Cosmos is a Proof-of-Stake blockchain interoperability project based on the Tendermint consensus protocol. It comprises a decentralized network of independent, parallel blockchains, each powered by the core consensus protocol, with constituent and derivative blockchains within the Cosmos ecosystem understood as “zones” operating in proximity to the principal.
Additionally, Cosmos and Tendermint aim to reduce the time and complexity involved in building Blockchain applications, providing stable interface for popular programming languages.
To learn more about the Cosmos listing, check out our blog post.
Thank you for choosing Kraken, the trusted and secure digital assets exchange.
The Kraken Team