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Home Crypto Exchanges

Digital asset exchange Kraken to enable Gnosis token trading today

Published by CryptoNinjas.net
05/01/2017

San Francisco-based digital asset exchange Kraken announced that trading for Gnosis (GNO) tokens will launch shortly after GNO tokens are released to ICO auction buyers on Monday, May 1, 17:09:49 UTC (1:00 PM EST).

Order books will be enabled a few hours before tokens are released and traders can start placing buy orders at that time (traders can place sell orders once they have a GNO balance).

Earlier, Kraken partnered with the Gnosis team to allow auction buyers to purchase GNO directly through the Kraken platform. These buyers will have their GNO deposited directly to their Kraken accounts when tokens are released and can begin trading at that time.

The Gnosis ICO auction was held on April 24th and sold out in under 10 minutes at a valuation of 0.6 ETH per GNO (about $30 USD at the time). 416,667 GNO were sold in the auction to raise 250,000 ETH (about $12,500,000 USD at the time).

Gnosis Pairs Available For Trading:

  • Gnosis-Ethereum (GNO/ETH)
  • Gnosis-Bitcoin (GNO/BTC)
  • Gnosis-U.S. Dollar (GNO/USD)
  • Gnosis-Euro (GNO/EUR)

Depositing GNO Into Kraken Account

  • If bought in the auction through Kraken: GNO will be deposited directly to user’s Kraken account when all ICO tokens are released.
  • If Kraken facilitated after-market participation: GNO will be credited to user account shortly following the release of all ICO tokens.
  • If didn’t buy through Kraken: User can create a GNO deposit address by going to Funding > Deposit > GNO and click “Generate New Address,” then send GNO deposit to this address after you receive your ICO tokens.

Will Gnosis Be Available On The New Trading Platform?

Yes. To trade Gnosis on Kraken’s new trade platform, go to https://trade.kraken.com and click “Connect” to log into your Kraken account. Select the GNO currency pairs from the drop-down menu in the upper left of the screen below the Kraken logo.

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