Layer3 (L3) Is Now Available for Trading on Kraken

Funding and trading of L3 will be live as of 10:00 AM UTC today, July 30, 2024.

Kraken is excited to announce the addition of Layer3 (L3) to its exchange. Starting today, July 30, 2024, at 10:00 AM UTC, L3 will be available for funding, trading and Instant Buy on Kraken and Kraken Pro.

To add L3 to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.

Make sure to deposit your tokens into the networks supported by Kraken. Deposits made using other networks will be lost.

Here are the trading parameters for L3 on Kraken and Kraken Pro:

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).

Please note that L3 is not available for clients in Canada or the United States.

Here’s some more information about L3:

Layer3 (L3) is a gamified hub where users earn rewards for completing quests related to crypto education. Achievements such as interacting with new protocols are immortalized as NFTs on the Base blockchain, which can be used to level up and earn ETH, USDC and other token rewards. L3 is a deflationary utility/governance token that can be staked to earn rewards and participate in decision-making.

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 theaccuracy, 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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