Kraken has listed PEPECOIN, a meme-themed cryptocurrency, has now been listed and is available to trade on the platform.
PepeCoin (PEPECOIN) originally launched on its own proof-of-work blockchain, was fairly mined by the community with no pre-sale or insider allocation, Kraken noted, adding that the coin was later migrated to the Ethereum network via UTXO Swap while carrying its original chain state and transaction history.
“PEPECOIN is available for trading on Kraken!” the company said in an announcement.
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The firm says trading through the Kraken App and Instant Buy will open once sufficient liquidity arrives, and that geographic restrictions may apply.
Kraken also outlined how the token powers a Web3 ecosystem including Kekspace, Smug Messenger (built on XMTP) and Pepe Paint.
The recap
Kraken lists PEPECOIN and opens trading on its exchange.
PEPECOIN migrated to Ethereum via UTXO Swap, preserving chain state.
App trading and Instant Buy require sufficient liquidity before activation.