Everything web3, crypto, defi, degen
August 5, 2020 | News Funding your Kraken account is now easier, faster and more cost-effective with our newest integration with Signature Bank. Announced today, clients who take advantage of this integration will receive free deposits on domestic and international USD wire transfers and pay only a low $4 fee per withdrawal. The move is…
At Kraken, we’re always striving to keep clients on top of what’s happening in the fast-moving cryptocurrency sector. One of the biggest trends this year is the growth of the decentralized finance (DeFi) movement, an emerging class of cryptocurrency projects that use blockchains to offer lending and market making services operating without financial intermediaries. These…
We are pleased to announce a new USD funding option for US residents (domestic wire) through MVB Bank. With the news, Kraken now offers 7 different USD funding options to US residents, furthering its strategy of offering clients choice and redundancy in payment options. We are recommending that US residents switch over to the new…
Great news – clients can now fund their account and trade with the Australian dollar (AUD) on Kraken! The AUD becomes Kraken’s seventh fiat currency, joining USD, CAD, CHF, EUR, GBP and the JPY. This latest announcement follows our January 2020 acquisition of Australia’s longest-running cryptocurrency operation, Bit Trade, and represents Kraken’s continued pursuit of…
June 1, 2020 | Product Kraken clients will soon be able to tap into the largest market for Tether (USDT). Starting June 2 at approximately 13:30 UTC, Kraken will launch support for deposits and withdrawals of USDT on the Ethereum blockchain (USDT-ERC20). Since traders typically deposit USDT for the purpose of trading other assets, we…
June 1, 2020 | Product We are pleased to announce that Orchid (OXT) will be listed on Kraken starting June 2. What is Orchid (OXT)? Orchid aims to incentivize a distributed network of computers to provide an alternative to traditional virtual private network (VPN) services. To accomplish this, Orchid uses a new cryptocurrency called OXT.…
Starting today, Kraken clients can begin converting popular currencies more efficiently with the addition of 11 new trading pairs to our exchange. This includes expanded options for converting ether (ETH), USDT and Pound Sterling (GBP), with offerings designed to bring more functionality, while enabling clients to avoid added fees. For example, converting Bitcoin Cash (BCH)…
At Kraken, our goal is to deliver the very best products and services to our clients so they can benefit from all the many advantages cryptocurrencies have to offer. This mission began when we started offering bitcoin buy and sell services in 2011 and it has continued as our suite of products has expanded to…
Up to this point, the Markets Series has focused on the basic elements and processes necessary for a market to function, including orderbooks, the ways that trading partners agree on a quantity and price, and ultimately how trades are executed and settled. However, while these components are necessary for a market to function, they are…
Advanced Tezos (XTZ) traders can seek greater profits (with greater risk) through new leverage trading options now available on Kraken and Kraken Pro. Starting today, traders can open positions up to 3x the value of all collateral currencies (crypto and fiat) available in their accounts to place long or short bets on the direction of…
