Kraken Includes Support for Monero Cryptocurrency

Kraken Includes Support for Monero Cryptocurrency

Kraken, one of the leading cryptocurrency exchanges now supports Monero trading. Kraken, one of the leading cryptocurrency exchange platforms has announced the inclusion of a new cryptocurrency offering. The exchange announced the new development in its latest blog post, published a few days ago. Monero, the anonymous cryptocurrency based on CryptoNight protocol has been exhibiting a promising trend in the cryptocurrency industry lately. Its inclusion into Kraken is going to offer the digital currency a much-needed boost to further improve its foothold in the market. Monero is currently....


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Kraken Adds Anonymous Cryptocurrency Monero

Digital currency exchange Kraken has officially opened trading for monero (XMR). The decision marks the latest validation for the privacy-oriented digital currency, which in 2016 found traction in appealing to users interested in transacting on dark markets or who otherwise desired, or believed there could be demand for, digital currencies with added privacy features. The digital currency has to date been picked up by notable darknet marketplaces, with AlphaBay announcing in August of last year it would accept the cryptocurrency and darknet market Oasis Market following suit.....

(XMR) Monero Price Trending Downwards

Monero has ranked among the top altcoins since its release in April, even earning its own market as a trading pair on the altcoin exchange Poloniex. However, the Monero price has been in decline for the past several months. CCN examines this altcoin price movement to help investors make wise trading decisions. Also Read: Monero Market Added To Poloniex Cryptocurrency Exchange. Monero Price Trending Downwards. The Monero price has been in decline for several months, and the fall continued during the past week. On October 24, the Monero price was 212,653 satoshis. Over the next two days, the....

Monero Continues Upswing With Kraken's Launch of XMR Trading

Kraken, a global bitcoin exchange headquartered in San Francisco, announced the launch of Monero (XMR) trading, which effectively enables users to trade Monero with bitcoin, U.S. dollars and euros. In a statement, the Kraken development team expressed its optimism toward Monero based on its strong performance in 2016 in terms of the growth of user base, exponential increase in market cap and rising trading volumes. The company said: “Monero is one of the leading cryptocurrencies that has seen huge 40x market cap growth in 2016 and trades with high volume and liquidity. Monero is....

Monero Market Added To Poloniex Cryptocurrency Exchange

Monero (XMR) is an cryptocurrency based on the CryptoNote protocol that touts anonymity as one of its winning features. Recently, United States cryptocurrency exchange Poloniex added a new Monero market to its list of features. The addition makes Monero not only the first altcoin to establish its own market pairing since Litecoin on Poloniex, but also the first Monero direct market in existence. CCN. Poloniex, founded in January of 2014, currently offers over 140 Bitcoin and Monero trading pairs. Many know it's name from the Bitcoin theft they experienced this past March. The event was a....

Monero Overtakes Litecoin, Demonstrates Strong Performance

On January 3, Monero officially overtook Litecoin and Ripple, solidifying its position as one of the leading cryptocurrencies in the market. There exists several major factors that pushed the market cap of Monero this past weekend including the Alphabay userbase, active development and integration. Experts Praise Monero, Over the past 12 months, Monero and its development team received positive and optimistic recognition from leading cryptocurrency experts and cryptographers, due to its legitimate cryptography and technology. It is one of the very few cryptocurrencies in the market that....

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