News

Earn up to 4.75% Yearly When You Stake Your ALGO

October 22, 2021 | News We’re thrilled to announce that Kraken now supports staking for holders of Algorand’s native token, ALGO! Head into the Earn section of your account to put your ALGO to work today. What is Algorand? Algorand is a Proof-of-Stake blockchain that rewards users for contributing their funds as part of the…

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Bifrost (BNC) Trading Starts October 26 – Deposit Now

October 21, 2021 | News We’re thrilled to announce that Kraken now supports Bifrost (BNC)! Deposits and withdrawals are available starting now.  Trading will begin October 26 at approximately 15:30 UTC. Clients who contributed to Bifrost’s Parachain Auction on Kraken have now received BNC rewards in their Kraken account. Get full details on the rewards…

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FLOW Trading And Staking Are Coming for the US and Canada!

We made FLOW available for trading and staking to the majority of our clients around the globe earlier this year. We’re delighted to announce that we’re now rolling these functions out for U.S. and Canadian residents on Tuesday, October 19! What Is FLOW? FLOW is the token for Flow, a blockchain pioneered by Dapper Labs…

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Phala (PHA) Trading Starts October 8 – Deposit Now

October 7, 2021 | News We’re thrilled to announce that Kraken now supports Phala (PHA)! Please note that this is the Kusama version of Phala (PHA). Deposits and withdrawals are available starting now Trading will begin at approximately 15:30 UTC on October 8 Clients who contributed to Khala’s Parachain Auction on Kraken will automatically receive…

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Kraken Commits to Funding Open-Source Rust Bitcoin Development

September 24, 2021 | News Kraken is thrilled to announce a commitment to fund Bitcoin’s open-source Rust development ecosystem. In memory of late Bitcoin Rust contributor and former Kraken employee, Tamás Blummer, our internal Tamás Blummer Memorial Fund aims to accelerate the development of Bitcoin Rust libraries. A pioneering entrepreneur involved in several Bitcoin companies,…

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RAY and OXY Trading Starts September 28 – Deposit Now

We’re thrilled to announce that Kraken now supports Raydium (RAY) and Oxygen (OXY)!  Deposits and withdrawals are live now Trading will begin at approximately 15:30 UTC on September 28 Note: Trading is not available to residents of the United States, Canada, Australia and Japan. Here’s what you need to know about these assets: Raydium (RAY)…

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DYDX Trading Starts September 14 – Deposit Now

September 9, 2021 | News We are excited to announce that Kraken is now supporting dYdX (DYDX).  Deposits and withdrawals are available starting now.  Trading will begin at approximately 15:30 UTC on September 14. Note: Trading is not available to residents of the USA, Canada, Australia and Japan. What is dYdX? (DYDX) dYdX is a…

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Polkadot and Kusama Parachains Primer

September 3, 2021 | Kraken Intelligence Polkadot and Kusama are two emerging blockchains with an exciting feature known as parachains, which are custom blockchains selected by public auction to join these exclusive networks. While this novel selection process has garnered a lot of excitement, there is still confusion as to how it works. In Kraken…

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Shiden (SDN) Funding and Trading Starts September 2

September 1, 2021 | News We are excited to announce that Kraken is now supporting Shiden (SDN).  Deposits, withdrawals and trading will begin at approximately 15:30 UTC on September 2. Clients who contributed to Shiden’s Parachain Auction on Kraken will automatically receive SDN rewards in their Kraken account. Get full details on the rewards distribution…

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Moonriver (MOVR) Trading starts August 27 – Deposit Now

August 26, 2021 | News We are excited to announce that Kraken is now supporting Moonriver (MOVR).  Deposits and withdrawals are now open.  Trading will begin at approximately 09:00 UTC on August 27. Clients who contributed to Moonriver’s Parachain Auction on Kraken will automatically receive MOVR rewards in their Kraken account. Full details on the…