Kraken is collaborating with German BaFin-regulated bank Fidor to create the world’s first cryptocurrency bank. The aim of the open initiative is to set up a fully regulated and licensed financial services entity and to pool financial services from different providers in the industry. “We…
Category: Announcements
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…
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…
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…
Last week Kraken was voted the best Bitcoin exchange in a poll conducted on Reddit. Voters were asked to consider the following criteria in making their vote: Security Volume Customer Service Difficulty in withdrawals/deposits Knowledge of the owners Spread Out of 207 replies to the…
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…
Responding to a large and growing client demand, Bloomberg launches with Bitcoin prices for the over 320,000 users of its industry-leading terminal for multi-asset data, news and analytics. At launch, Kraken holds the honor of being the only exchange providing complete Bitcoin market data to…
The Bitcoin trading news website TheBlogChain performed an extensive independent review of the industry’s top exchanges. Kraken scored an “A” rating, and received the highest rankings in the industry for legitimacy, customer service, and particularly for security. In summary, the review stated, “Kraken is…