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, 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....
It seems UK users will soon be unable to access Monero on one of the leading crypto exchanges. There have always been concerns around the Bitcoin competitor regarding the absolute privacy that the digital asset confers. Until now, it remains impossible to track/trace Monero transactions, making it the ultimate privacy coin, and governments are worried that individuals will use this to evade taxes. Another concern is around the use of the cryptocurrency as a criminal tool, although there is no definitive way to tell if this is true. However, it remains high enough on the list of concerns....
Anonymous cryptocurrency Monero has jumped in value over the past couple of months. More recently though, the price has declined from its highs as the community experienced unexpected rumors. Throughout this, Monero has remained a valued asset with the sixth–highest market capitalization. It also continues to have significant trading volume. The Oasis....
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. However, it....
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....