Crust Shadow (CSM) Trading Starts July 27 – Deposit Now


We’re thrilled to announce that Kraken now supports Crust Shadow (CSM)!

Funding and Trading

You can add CSM to your Kraken account by navigating to Funding, selecting the asset, and then Deposit. Trading will be available on July 27th.

Here’s what you need to know:

Ticker CSM
Tradeable against EUR, USD
Price precision 6 decimal places
Deposit confirmations required 25 (5 minutes)
Not available in United States, Canada, Japan
Services available Kraken, the Kraken Pro interface

Keep an eye on our status page for updates.

Note:

  • Trading via the Kraken app and instant buy will be available once liquidity conditions are met (i.e., when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

What is CSM?

Crust Shadow offers an incentive layer protocol that helps to maintain decentralized storage solutions. It is adaptable to multiple storage layer protocols such as InterPlanetary File System (IPFS) and can serve as the foundation for a decentralized cloud ecosystem. CSM can be staked to earn a reward for securing the network, serve as a medium of exchange to pay transaction fees on the network and to vote on governance proposals shaping the future of the protocol.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, 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 listing in the future. 

 


These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell or hold any cryptoasset or to engage in any specific trading strategy. 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.

 



Image and article originally from blog.kraken.com.
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