Kraken Exchange

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Kraken is a US-based cryptocurrency exchange founded by Jesse Powell in 2011. The exchange provides its users with crypto-to-crypto as well as crypto-to-fiat and vice versa trading on a wide array of the most popular crypto assets. 

The available crypto markets on Kraken include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), and the available fiat-to-crypto markets include US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), Japanese Yen (JPY), and the Great British Pound (GBP). In total Kraken features trading for 22 different cryptocurrencies. 

Kraken is an ideal cryptocurrency exchange for all levels of experience because it has different trading interfaces for each level. For instance, traders can choose from Simple, Intermediate, Advanced, and Pro. The exchange supports all of the standard charting and analysis tools as well as an influx of leading technical indicators. Traders can choose from simple market order types to more advanced limit order types. 

In addition to standard crypto trading, Kraken supports margin trading, futures, indices, over-the-counter (OTC) crypto markets, and managed accounts. Therefore, Kraken is an extremely feature rich cryptocurrency exchange that adhere to nearly every type of customers needs. Kraken even supports institutional crypto trading by offering higher limit funding and withdrawal options, the highest available API rate limits, and full access to Kraken’s trade desk and account management services. 

As for Kraken trading fees, the exchange offers volume based trading fees that start at 0.16% for makers and 0.26% for takers. After a 30-day trading volume of $50,000 or more, the trading fees get reduced as the volume increases.  

4 News From This Week You Should Know (13 to 20 September)

21 Sep 2020 2 minute read 3 comments McAlex7

While the market is pretty calm for now there are still big news to talk about during this week. Today we are going to talk Kraken, Bitcoin's ATM, Uniswap's token and Ethereum 2.0. Let's just dive straight into it. 1. Kraken just became a bank : Thi...

Wyoming Passes Banking Charter for Digital Assets

21 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Governor of Wyoming Mark Gordon has revealed via Twitter on September 17 that the US state had become the first to approve a banking charter for digital assets.  Several Wyoming officials, including House Representatives, Senate Minority Leader Chri...

Kraken Financial

18 Sep 2020 1 minute read 0 comments Vasileios

In Wyoming, USA, Kraken managed to get its first license as a special purpose bank with the obligation to keep 100% of the deposits in its portfolio intact. This way he will be able to give the money to the depositors at any time. The future plans ar...

Kraken is the First Crypto Exchange to be Approved as a Bank in the US

17 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

San Francisco based exchange Kraken has received approval from the Wyoming Banking Board to serve as a special purpose depository institution (SPDI), according to an announcement made on  September 16. The approval makes Kraken the first crypto exch...

Kraken Gets Krackalacking On BANKING

16 Sep 2020 1 minute read 1 comment Tank

"Kraken Financial will be the first regulated, U.S. bank to provide comprehensive deposit-taking, custody and fiduciary services for digital assets." As a Montana resident, I'm vicariously proud of our "little brother" southern neighbor, while al...

Kraken become first American Crypto Bank

16 Sep 2020 1 minute read 0 comments Yoijo

As they announce on their blog, the State of Wyoming has approved Kraken's request to form the world's first Special Purpose Depository Institution (SPDI).  Kraken Financial will be the first regulated U.S. bank to provide deposit-taking, custody an...

Kraken Wins Bank Charter Approval

16 Sep 2020 1 minute read 0 comments Permabull

The State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial. Headquartered in Cheyenne, Wyoming, Kraken Financial is the first digital asset comp...

Kraken has been approved as America's first crypto bank

16 Sep 2020 1 minute read 0 comments WlanWerner

The American crypto exchange, Kraken, has received permission to create America's first crypto bank (Special Purpose Depository Institution (SPDI)) which will named Kraken Finance. The new concept is fully tailored to cryptocurrency companies and wil...

Over $20 Million worth of ETH Moved from Kraken; DeFi Effect?

23 Aug 2020 1 minute read 0 comments Cryptofivers

Two whales just moved 53,455 ETH from a crypto exchange Kraken. The move appears to be linked with the decentralized finance backed tokens’ increasing popularity. The move is a clear indication that whales are still lurking in the market waiting for...

Polkadot now listed on Kraken as New Dot

18 Aug 2020 1 minute read 0 comments 01001101AR

Kraken announced on Sunday that the Polkadot token DOT will become tradable on the Kraken exchange as of today. Now the time has come and it is possible to trade DOT under the name New DOT on the Kraken exchange. The DOT token, that has already been...