Kraken Opens Bitcoin Exchange in Canada
Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo. The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10% and 0.35%, with more active traders receiving more attractive rates. In statements, Kraken CEO Jesse Powell indicated that the company saw significant potential in the Canadian market. The exchange has been one of the most active US....
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Kraken Bitcoin Exchange. Payment processor and security provider Vogogo has partnered with Kraken to bring Kraken's exchange services to Canada. The new partnership and expansion also equates to a new Canadian dollar/Bitcoin exchange that Kraken will provide. All exchanges are constantly looking for ways to gain a competitive edge and moving to another country also to the one you started in; that's a good way to expand your business. This is exactly what Kraken has done. The exchange said Canadians who use its service would benefit from low fees and good technology. It's hard to tell if....
The San Francisco-based Bitcoin exchange Kraken has just announced the largest and merger and acquisition deal in Bitcoin exchange history as it has officially acquired major U.S. exchanges Coinsetter and Cavirtex. Kraken will now expand its business operations to the United States and Canada. The digital currency exchange Kraken has quite the lion’s....
Japanese venture capital firm SBI Investment is leading a Series B funding round in bitcoin exchange Kraken. While the terms of the deal were not disclosed, Kraken said that a “multi-million dollar” investment had been agreed upon with SBI. Kraken did not say when it expected the Series B round to be completed. “It’s a fantastic first step toward completing Series B, which will ultimately enable us to scale our business worldwide,” said Kraken CEO Jesse Powell. SBI Investment is the venture capital arm of SBI Holdings, an Internet-based financial group that reported an operating revenue of....
Coinbase, prominent Bitcoin wallet service provider and cryptocurrency exchange, has expanded its instantaneous Bitcoin purchase service to Singapore and Canada. Coinbase users in Canada and Singapore are enabled to purchase Bitcoin and other digital currencies through the Coinbase mobile applications (iOS and Android). In its statement released on July 28, Coinbase team noted that the exchange is considering adding an add-on feature for Canadian users to sell their bitcoin through the same service. “We are excited to announce that consumers in Canada & Singapore can now instantly buy....
The San Francisco-based exchange, which had left the US markets in 2014 citing issues with banking partners, aims to utilize Coinsetter’s presence to reestablish itself in the North American region. Bitcoin exchange Kraken today announced that it is acquiring Coinsetter, another Bitcoin exchange with deep roots in the US and Canada. The San Francisco-based exchange, which had left the US markets in 2014 citing issues with banking partners, aims to utilize Coinsetter’s presence to reestablish itself in the North American region. As confirmed by CEO Jesse Powell, Kraken is looking to....