KEY ($0.00) TAKEAWAYS
- Kraken has launched trading for the memecoin Stool Prisondente (JAILSTOOL), enhancing its platform’s offerings.
- Users must deposit JAILSTOOL into supported networks on Kraken to begin trading, with geographic restrictions potentially applying.
- JAILSTOOL embodies crypto’s ‘degen’ culture, focusing on community engagement and internet culture.
Kraken has announced that the community-driven memecoin, Stool Prisondente (JAILSTOOL), is now available for trading on its platform. Trading went live at 17:00 UTC on February 9, 2025. This addition allows users to engage with JAILSTOOL, a memecoin that celebrates internet culture and the unpredictable nature of meme assets.
To begin trading JAILSTOOL, users must first add the asset to their Kraken account. This can be done by navigating to the Funding section, selecting JAILSTOOL, and making a deposit. It is crucial to deposit tokens into networks supported by Kraken, as deposits made using unsupported networks will be lost.
Trading 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 to some users.
Understanding JAILSTOOL
Stool Prisondente (JAILSTOOL) is designed for fun and lighthearted engagement within the crypto space. It embodies the spirit of crypto’s ‘degen’ culture, focusing on community participation and viral momentum. This memecoin aims to create a crossover between internet culture and the dynamic world of meme assets.
Future Asset Listings on Kraken
Kraken has a policy of not revealing 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. The platform emphasizes that its client engagement specialists cannot provide information on potential future listings.
For more information about JAILSTOOL’s availability on Kraken, visit the official announcement here.
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