Kraken Crypto Exchange Releases Mobile App in US
Users in the U.S. are now able to trade the 50+ tokens on Kraken's platform from their mobile phones.
Jun 2, 2021 at 1:18 p.m. UTCUpdated Aug 19, 2021 at 9:52 a.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindeskuat/GIYLY7N7OFGVLJKKXBZGSPODV4.jpg)
Crypto exchange Kraken is bringing its mobile app to U.S. customers after launching in Europe earlier this year.
- Customers in the U.S. will be able to trade the 50+ tokens available on Kraken's platform from their mobile phones as of today, according to a CNBC report.
- The mobile app is Kraken's "first major foray into supporting wider consumer adoption in a much more simplified, easy-to-use interface," Chief Product Officer Jeremy Welch said.
- It will not be available to residents of Washington State or New York, however. Kraken does not offer service to these states due to "the cost of maintaining regulatory compliance."
- Kraken announced in March it is considering a stock market debut in 2022, following rival exchangeCoinbase.
- The Kraken exchange is reportedly in talks to raise a new funding round that could increase its valuation to $20 billion.
- Dan Held, Kraken's director of growth marketing, said last week at Consensus 2021 that the exchange's trading volume recently hit all-time highs, enjoying an $8 billion volume day.
STORY CONTINUES BELOW
13:18
Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
05:10
Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
04:07
The first video of the year 2024
40:07
The last regression video of the year 3.67.0
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)