KEY ($0.00) TAKEAWAYS
- Kraken has launched trading for Berachain (BERA), expanding its cryptocurrency offerings.
- Users must deposit BERA tokens into supported networks to avoid potential loss of funds.
- Berachain is a high-performance Layer-1 blockchain using a Proof-of-Liquidity consensus mechanism.
- Trading via Kraken’s App and Instant Buy will be available once liquidity conditions are met.
Kraken has announced that Berachain (BERA) is now available for trading on its platform. The trading of BERA went live at 13:00 UTC on February 6, 2025. This addition marks another step in Kraken’s ongoing expansion of its cryptocurrency offerings.
To start trading BERA, users need to navigate to the ‘Funding’ section on their Kraken account, select BERA, and proceed with the deposit. It is crucial for users to deposit their tokens into networks supported by Kraken, as deposits made using unsupported networks may result in the loss of funds.
Understanding Berachain (BERA)
Berachain (BERA) is a high-performance, EVM-compatible Layer-1 blockchain. It operates on a Proof-of-Liquidity consensus mechanism, which aims to enhance security and align participant incentives. This mechanism also addresses the blockchain ‘cold start problem,’ facilitating a smoother deployment of EVM-based applications. Developers can easily implement Ethereum upgrades, such as the upcoming Pectra update, on Berachain.
Trading Conditions and Restrictions
Trading BERA via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market for efficient order matching. Additionally, geographic restrictions may apply, affecting the availability of trading services in certain regions.
Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. All available tokens can be found on Kraken’s Listings Roadmap and social media profiles. For more information, visit the official announcement here.
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