28 Apr 01:57Crypto

Latest News - Kraken Introduces New Tokens For U.k. And Australia

Crypto exchange's new listings feature aud and gbp buying and selling pairs.

Key takeaways
Kraken has introduced 26 new buying and selling pairs to its trade such as chainlink (hyperlink), synthetix (snx), and kusama (ksm).
Polkdot (dot) and cosmos (atom) will also be available, permitting users to earn staking rewards.
Those listings are handiest new for australia- and u.Okay.-based investors

Kraken has brought numerous new listings to its exchange, giving buyers inside the u.K. And australia get entry to to a batch of new belongings.
Kraken objectives at u.K. And australia 
In its weblog, kraken says that it has introduced 14 new property. That includes 26 new buying and selling pairs, 13 of which can be tied to the british pound (gbp), and 13 of which are tied to the australian greenback (aud). 

Several of the newly indexed trading pairs feature tokens for famous ethereum-primarily based defi apps. Synthetix (snx) and yearn finance (yfi) can now be traded for gbp and aud, whilst aave (aave) may be traded for aud simplest. Kraken’s declaration acknowledges that the ones tokens occupy “the forefront of monetary innovation.”

Other trading pairs include several emergent initiatives which have caught the attention of the broader crypto space currently. Cardano (ada), chainlink (link), the usdc stablecoin, filecoin (fil), graph protocol (grt), and kusama (ksm) have all been indexed.

Cosmos (atom) and polkadot (dot) have also been listed, giving traders an opportunity to earn staking rewards.

Kraken is one of the international’s biggest cryptocurrency exchanges by extent. Its buying and selling volume inside the final 24 hours was just under $2 billion, consistent with coingecko. 

Disclosure: on the time of writing, the author of this feature owned eth, ada, snx and aave. They also had publicity to yfi in a cryptocurrency index.

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