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Crypto and the age of alternative payroll

By Pranesh Anthapur, Kraken Chief People Officer Payroll capabilities are expanding alongside vast improvements to blockchain technology. With these innovations, global employees may want a wider range of digital asset options, such as NFTs, cryptocurrencies, and bitcoin IRAs.  Let’s explore why and how to empower employees with unprecedented control over their financial future. The global…

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USDT deposits and withdrawals now available on Optimism!

December 7, 2023 | Asset Listings, Product We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) on Optimism! Funding USDT funding via Optimism is already live. You can transfer Tether (USDT) to your Kraken account by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the…

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USDT deposits and withdrawals available via the Solana network!

March 16, 2023 | Asset Listings, Product We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) via the Solana network! Solana is an open source blockchain platform and scaling solution for decentralized applications (dApps). The platform uses a novel consensus mechanism known as proof-of-history (PoH) to increase transaction throughput and…

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Happy Genesis Block Day!

On January 3, 2009, the anonymous creator of bitcoin, Satoshi Nakamoto, launched the Genesis Block – the first block in the Bitcoin Blockchain. The event at the time wasn’t celebrated – it was arguably considered a blip in the long history of cryptography and digital currency – but today we know the Genesis Block was…

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Launching margin trading for eight stablecoin pairs

We’re thrilled to announce that Kraken now supports new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI)! Trading Margin trading is now available for: Pair base Pair name Available leverage Long position limit  Short position limit  USDT USDT/GBP 4 200,000 USDT 200,000 USDT USDT/CHF 4 100,000 USDT 100,000 USDT USDT/CAD 4 150,000…