News

Kraken Adds USD and GBP

October 28, 2014 | News, Product Today Kraken launched a partnership with PayCash, a Luxembourg-based leader in innovative EU focused payment solutions, to provide both US dollar (USD) and British pound (GBP) funding to its clients. These new funding options coincide with the launch of bitcoin-pound (XBT/GBP) trading. The PayCash partnership allows Kraken to leverage…

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Trade Volume Doubles Previous Record

October 4, 2014 | News Kraken continues to grow! Over 6,400 bitcoins traded on the exchange today, marking a new all time daily high. The new high more than doubles the previous high that came about two weeks ago, on September 18th, when a volume of over 3,000 coins was reached. The spike in early…

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Introducing the Kraken iOS App

September 16, 2014 | News We are very excited to announce the launch of the Kraken iOS app! Read on for screenshots and a quick tour! Account: Add your Kraken API key to view your balances and open orders at a glance. We recommend that you create a special API key just for your iOS…

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What Does it Really Cost to Buy and Sell Bitcoins?

The total cost to buy and sell bitcoins at an exchange involves more than you might think. It depends not only on trades fees, but also on deposit and withdrawal fees, conversion fees, and slippage from spread and depth. This can make it difficult to know what your true transaction cost is, especially since the…

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Kraken Launches Stellar Trading

September 4, 2014 | News Kraken has launched with bitcoin-stellar trading. Stellars are the currency for the new Stellar decentralized payment network. (The name of the currency was later changed to lumens.) Like Bitcoin, Stellar runs on a decentralized protocol for confirming transactions. But Stellar transactions are confirmed by a different consensus algorithm that allows…

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QR Codes Added for Bitcoin Deposits

August 29, 2014 | News Depositing bitcoins (and other digital currencies) just got even more convenient. Deposit addresses can now be displayed as QR-codes for fast, easy, and reliable integration with wallet clients on mobile devices. To generate the QR code, simply click the “QR Code” button next to the address you want to deposit…

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Kraken Sponsors MIT Bitcoin Events, Launches FEE Credits

August 27, 2014 | News Kraken sponsored two events that are part of the MIT Bitcoin Project. The first was for the MIT Bitcoin Club on July 29th. Dan Matuszewski, Director of Trading Operations at Kraken, talked to the club about how to trade bitcoins. The second event was round three of MIT Bitcomp. Bitcomp…

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Support for Multi-sig Bitcoin Payments

August 25, 2014 | News 2014 is considered by some to be the year of multi-sig, and we are happy to announce that Kraken supports payments to multi-signature Bitcoin addresses (addresses beginning with a ‘3’). Multi-sig features are built right into Bitcoin at the protocol level, offering a powerful free layer of additional security to…

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The Importance of Two-Factor Authentication

The first thing to understand about two-factor authentication is that you need it. For email or financial accounts, where security is of the utmost importance, two-factor authentication is essential because it greatly reduces the chance that the account will be compromised. The second thing to understand about two-factor authentication, however, is that it is a…

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Kraken Takes First Place in Exchange Awards

May 30, 2014 | News Popular Bitcoin industry publication CoinTelegraph has performed the most in-depth review of major bitcoin exchanges to date. Kraken is the winner based on an extensive evaluation in 13 categories.  Consistently high rankings across multiple categories helped Kraken achieve the top spot. Kraken’s scores were the highest in the industry for…