Ether, Tether and GBP: Kraken Adds 11 New Pairs for Converting Popular Currencies

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) to ETH on Kraken previously required two distinct trades. With our new BCH/ETH trading pair, this conversion can be done seamlessly, allowing clients to simply sell BCH directly for ETH.

It’s the latest example of how we continue to strive to make Kraken easier and more convenient for active traders and newer clients alike. 

With the news, Kraken’s total number of trading pairs grows to 155, a figure that includes our launch of more traditional FX trading pairs just six weeks ago.

What are the new trading pairs?

Ether Pairs

  • BCH/ETH
  • LTC/ETH
  • XRP/ETH

Pound Sterling Pairs

  • BCH/GBP
  • LTC/GBP
  • XRP/GBP

Tether Pairs

  • BCH/USDT
  • LTC/USDT
  • XRP/USDT
  • USDT/JPY
  • USDT/CHF

Why are you adding these new pairs?

The new pairs are being added where we see growing customer demand, which will help to ensure each new market has the best possible liquidity. 

What are the relevant details such as price precision and trading minimums?

Asset Pair Displayed Price Precision Order Minimum (Base)
BCH/ETH 4 0.000002
LTC/ETH 5 0.1
XRP/ETH 7 30
BCH/GBP 2 0.000002
LTC/GBP 5 0.1
XRP/GBP 5 30
BCH/USDT 2 0.000002
LTC/USDT 5 0.1
USDT/JPY 3 5
USDT/CHF 5 5
XRP/USDT 5 30

Please note that the “stablecoin” pairs such as USDT/JPY and USDT/CHF do not count towards your 30-day volume and cannot be used to qualify for trading volume discounts.

What are the trading fees?

See our fee schedule here for an explanation of our trading fees.

Trade with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

What should I do if I have additional questions?

Always feel free to contact Kraken support if you need additional assistance. You can chat live, open a support ticket, or search our extensive knowledge base. 

The Kraken Team