On Thursday, September 12, 2019, 03:25:58 AM EDT, Kraken [email protected] wrote:
We are pleased to announce that ICON (ICX) will be listed on Kraken starting September 12.
What is ICON (ICX)?
ICON is a South Korea-based blockchain project. It aims to be an interoperable blockchain on which multiple industries and business types can coexist on a single network
ICON communities and nodes are independently governed with varying rules and consensus algorithms. These respective communities are all connected to the central ICON Republic which serves as a communication point without governance authority over the individual communities
ICON’s enterprise blockchain implementation, loopchain, is one of the oldest and largest operating blockchain networks in the world. It is being used by some of the largest and most reputable companies in South Korea, including major universities, governments, hospital systems, banks and financial services firms
The ICX token powers the ICON network and will be used as a vehicle for value transfer and transaction. ICX will also be used by DApps that are built on top of the main network, thus allowing network participants to utilize ICX for various services provided in the ecosystem
The promotion and development of the ICON protocol is overseen by the ICON Foundation https://icon.foundation
What time will funding and trading start?
Funding: Kraken will enable deposits and withdrawals for ICX at approximately 13:30 UTC on September 12
Trading: The first trades will start shortly after funding is enabled, because sell orders cannot be placed until deposits clear (see the required confirmation times for deposits here)
Updates will be posted on the status page near launch time
To learn more about the ICX listings, check out our blog post.
Thank you for choosing Kraken, the trusted and secure digital asset exchange.
The Kraken Team
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