We are excited to announce that LOCK IN and Michi are now available to trade on Kraken!
Financing and trading
LOCK IN and Michi trading will be live starting at 3:00 p.m. UTC today, January 21, 2025.
To add an asset to your Kraken account, go to Funding, select the asset you are looking for and click “Deposit”.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
The new tokens are tradable on Kraken and Kraken Pro with the following parameters:
| Active | Pair | Decimal price precision | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| MICHI | USD, EUR | 0.0001 | 25 | 25 |
| LOCKDOWN | USD, EUR | 0.00001 | 100 | 100 |
Note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- LOCK IN is not available in DE.
- Michi is not available in DE.
Here is some additional information about these assets:
LOCK is a memecoin based on the common saying in the crypto space: “to lock in” is to hold a token with high conviction. The project’s website includes a PFP generator, which allows users to upload profile photos to overlay with LOCK IN branding. LOCKIN is a Solana-based token, which means it can be stored and transferred across the network.
Michi is a memecoin based on the image of a cat, nicknamed “the most memorable cat on the Internet”. The project’s website hosts “Michi Meme Maker”, a tool for creating memes based on the eponymous cat. $MICHI is a Solana-based token with no presumed utility, although it can be sent, received, and transferred across the network.
Ready to trade but don’t have a Kraken account yet? Register today!
Will Kraken make more assets available?
Yes! But our policy is to never reveal details shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on our announcement roadmap and on our social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are not; In any event, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation programs and/or regulatory protections . The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply. View legal notices for each jurisdiction here.
