Kraken Announces Return to USD Market, Launch of GBP Trading

Kraken Announces Return to USD Market, Launch of GBP Trading

Kraken has partnered with Luxembourg-based payment solution specialist PayCash to add GBP trading and reinstate USD deposits to its bitcoin exchange platform. The news comes amid an uptick in activity from the San Francisco-based startup, which announced it would begin operating in Japan by the end of October. Kraken further confirmed that clients in 28 EU member states will now have access to USD and GBP deposits, developments it characterized as being in line with its goal of becoming a leading global bitcoin exchange. The company framed the partnership as one that would help it....


Related News

Exclusive Interview with Jesse Powell CEO of Kraken Regarding Japanese Market

Kraken, a reputable Bitcoin exchange launched trading in Japan at the end of October. With the collapse of Mt. Gox, setting up a reputable and publicly trusted exchange in Japan is no easy task. Kraken has a great record of high transaction volumes as well as reputation for compliance with the law. Even though Kraken boasts credentials, months of work went into launching a regulated and publicly accepted Bitcoin exchange in Japan. Kraken is the only Japan Bitcoin exchange that allows local funding options. I got a chance to interviewKraken CEO Jesse Powell about the Japanese launch and....

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....

Bitcoin Exchange Kraken Launches Margin Trading

San Francisco-based Bitcoin exchange Kraken has announced the launch of margin trading via a press release. This development lifts Kraken in the league of those few exchanges who allow their clients to trade Bitcoin on margin. Notable exchanges offering leveraged trading are OKCoin, BTC-e, BitMex and Bitfinex. Kraken users, who have verified their accounts to Tier 3 or Tier 4, can leverage up to 20 times in the coming weeks. Interested ones should click here to learn more about the Verification Tiers. Initially, clients will be able to trade only Bitcoin/Euro (XBT/EUR) on margin, with US....

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 built on....

Kraken Introduces the Very First Ether Dark Pool

Kraken has become the first digital currency platform in the history to introduce Ether Dark Pool. Kraken yesterday announced that it is introducing Ether Dark Pool on its platform, thereby becoming the first digital currency exchange to have introduced such a trading feature. The core motto behind the launch of Ether Dark Pool is to provide traders with an abstract layer of privacy, while executing larger orders. Especially in an over-volatile market such as cryptocurrency, the need to shield big trading orders is must for every professional trader – to prevent flock trading, and saving....