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**DRV is now available for funding & trading!**
We are excited to announce that Derive (DRV) is now live on Kraken! As of 12:00 AM UTC today, January 15th, 2025, you can start funding and trading with this new token.
To get started, navigate to the Funding section in your account, select DRV from the list of available assets, and initiate a deposit. Make sure to send your tokens to networks supported by Kraken, as deposits made using other networks will not be credited to your account.
You can also start trading DRV on Kraken and Kraken Pro with the following parameters:
* Asset Pair: DRV/USD and DRV/EUR
* Price decimal precision: 0.0001
* Minimum order size: 25
* Minimum deposit: 25
Please note that trading via the Kraken App and Instant Buy will be available once liquidity conditions are met, which means a sufficient number of buyers and sellers must enter the market for their orders to be efficiently matched.
Unfortunately, DRV is not currently available in DE (Germany), so users from this region will need to explore alternative options.
DRV is the native token of Derive, a decentralized derivatives exchange that offers innovative trading features, including AI-enabled tools. The token plays a crucial role in the ecosystem, as it’s used for governance, collateralization, and incentivizing participation.
For those who haven’t yet created an account on Kraken, now is the perfect time to do so! Signing up is quick and easy.
As always, we’re committed to providing our users with access to a wide range of digital assets. While we can’t reveal any details about upcoming additions just yet, rest assured that all available tokens can be found in our Listings Roadmap and social media profiles . Please note that our client engagement specialists are not able to provide information on which assets may become available in the future.
Remember, it’s essential to do your own research and consult with a financial advisor if you’re unsure about any investment decisions. The crypto market is inherently unpredictable, and losses can occur.
Source: blog.kraken.com
