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BRICK and MOON trading starts today on spot and futures! « Kraken Blog

admin by admin
August 8, 2023
in Digital Payment


We’re thrilled to announce that Bricks (BRICK) and Moons (MOON) start trading today on Kraken!

Funding and trading

BRICK and MOON funding is live now and trading starts later today. Add BRICK and MOON to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. 

Only deposit MOON and BRICK tokens using the Arbitrum Nova network. Deposits using other networks will be lost.

Ready to trade but don’t have a Kraken account yet? Sign up today!

BRICK and MOON are tradable on Kraken and Kraken Pro with the following parameters:

Spot market

Asset Pair Asset decimal precision Minimum order size Minimum deposit
BRICK USD, EUR 2 50 50
Moon USD, EUR 3 10 10

Perpetual futures

Symbol Base currency Min order Tick size Max position (base units) Impact mid Margin class
PF_MOONUSD MOON 1 0.00001 2,000,000 400 MOON Class E

Note:  

  • Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

Already have BRICK/MOON and a Kraken account? Click below to get started ⤵️

Here’s what you need to know about the tokens:

r/CryptoCurrency Moons (MOON) is a community-driven cryptocurrency that debuted in May 2020 as part of Reddit’s Community Points initiative. MOON is an ERC-20 token designed to reward users for their meaningful contributions to the r/CryptoCurrency subreddit. Holders can use MOON tokens to purchase premium features, such as badges and custom emojis, or even tip other r/CryptoCurrency community members. Additionally, MOON tokens grant their holders voting power in subreddit polls, giving them a say in shaping the future of the community.

Check out the Kraken Learn Center guide What is MOON? to learn more.

r/FortNiteBR Bricks (BRICK) is a community-centric cryptocurrency token launched as part of Reddit’s Community Points project. Built using Ethereum’s ERC-20 token standard, holders can store their BRICK tokens in Reddit Vaults. Reddit Vaults are the platform’s in-house cryptocurrency wallet service. The distribution of BRICK tokens occurs every four weeks. The amount of karma each user has earned in the r/FortNiteBR subreddit during that period determines the amount of BRICK they receive. This approach incentivizes high-quality contributions and active participation within the community. 

BRICK tokens offer several uses within the r/FortNiteBR subreddit. Holders can exchange them for special memberships and unlock exclusive features such as custom badges and the ability to embed GIFs in comments. Overall, these tokens are a key part of shaping the user experience within the r/FortNiteBR subreddit.

Check out the Kraken Learn Center guide What is BRICK? to learn more.

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.

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