EURQ and USDQ: more stablecoins available on Kraken
We’re thrilled to announce that the stablecoins Quantoz EURQ ($EURQ) and Quantoz USDQ ($USDQ) are now available for trading on Kraken!
Funding and trading
Trading for $EURQ and $USDQ is live as of 14:00 PM UTC November 21, 2024.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
The new tokens are tradeable on Kraken and Kraken Pro with the following parameters:
| Asset | Pair | Price decimal precision | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| EURQ | USD, USDC | 0.0001 | 5 | 5 |
| USDQ | USD, USDC | 0.0001 | 5 | 5 |
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).
- $EURQ and $USDQ are currently unavailable in CA, DE, and the UK.
Here’s some more information about these assets:
Quantoz EURQ (EURQ)– EURQ by Quantoz is a stablecoin pegged to the Euro, offering a seamless and secure way to transact in digital currency. Powered by blockchain technology, EURQ ensures stability, fast transfers, and low fees, making it an ideal solution for cross-border payments and digital finance in the Eurozone.
Quantoz USDQ (USDQ) – Similarly, USDQ is a stablecoin pegged to the US Dollar, designed to provide fast, secure, and low-cost digital transactions. Backed by blockchain technology, USDQ offers stability and reliability, making it an excellent choice for international payments, trading, and as a store of value in the digital finance ecosystem.
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 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.
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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