Kraken Adds 26 New Crypto Trading Pairs to Capture Growing UK, Australia Markets
Kraken's biggest ever expansion of trading pairs is aimed to grow its presence in the two promising markets.
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Danish cryptocurrency exchange CCEDK recently added two new NuShares trading pairs - NSR/EUR and NSR/USD - to its platform. According to the company's CEO Ronny Boesing, NuShares' impressively surging value inspired them to introduce its new fiat-based trading pairs. "We believe NuShares is still only in its early stage, however, with a 5 times increase in value within last month alone it shows such great promise of new heights in coming months," he stated in an official blogpost. He went on to say: "We wish to take active part in taking this NuShares train to the moon with NuBits (NBT) -....
With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham (AED) trading pairs. Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to local currencies instead using the traditionally available U.S. dollar or British pounds in global....
In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading pair. Binance concludes by requesting users to withdraw all funds before the 10.00 UTC deadline. ZAR No Longer Meets the Standard In justifying the decision, Binance South Africa states that it “periodically reviews each digital asset we list to ensure it continues to meet the high level of....
Dutch Bitcoin exchange, CleverCoin has been acquired by the popular San-Francisco Bitcoin exchange, Kraken just months after getting Cavirtex and Coinsetter, also Bitcoin exchanges. After acquiring two exchanges already, Kraken still seemed to be looking to expand its user base and decided to merge the popular Netherlands-based exchange into Kraken which allows Kraken to expand into Europe. This is one of Kraken’s most popular markets and will certainly improve Kraken’s Euro trading pairs. Why CleverCoin? A graduate of Boost VC, Eindhoven-based CleverCoin was founded in 2013 and backed by....
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