Kraken Blog

USDT deposits and withdrawals now available on Optimism!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Tether (USDT) on Optimism! Funding USDT funding via Optimism is already live. You can transfer Tether (USDT) to your Kraken account by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the drop-down box: Optimism. Got USDT on Optimism?...Read full story at Kraken Blog >

USDC deposits and withdrawals now available on Optimism!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of USD Coin (USDC) on Optimism! Funding USDC funding via Optimism is already live. You can transfer USD Coin (USDC) to your Kraken account by navigating to Funding and selecting USDC. From there, use the drop-down box to select the desired deposit method (network):...Read full story at Kraken Blog >

Kraken continues to fight for its mission and crypto innovation in the United States

Today, the SEC filed a complaint alleging that Kraken operates as an unregistered securities exchange, broker, and clearing house.  We disagree, and intend to vigorously defend our position in court.  Today’s news has no impact on the products we offer and we will continue to provide services to our clients without interruption. We remain fully...Read full story at Kraken Blog >

Kraken launches Virtual Asset Service Provider (VASP) services in Belgium

Kraken has launched VASP services in Belgium, utilising its EU subsidiary, which has registered under the VASP regimes in Ireland, Spain and Italy. This launch reinforces Kraken’s ongoing commitment to upholding Europe’s robust anti-money laundering and compliance standards. And further underscores Kraken’s dedication to advancing crypto adoption across Europe, now and into the future. “We’re…Read full story at Kraken Blog >

Security above everything: why every month is Cybersecurity Awareness Month at Kraken

By Nick Percoco, Kraken Chief Security Officer Cybersecurity cannot be an afterthought for a crypto platform. At Kraken, we consider securing our clients’ personal information and cryptoassets to be our highest priority, so we place security above everything. Following October’s Cybersecurity Awareness Month, we’d like to tell you more about our ongoing approach to safeguarding…Read full story at Kraken Blog >

ETH deposits and withdrawals now available on zkSync Era!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on zkSync Era! What is zkSync Era? zkSync Era is an Ethereum virtual machine-compatible Layer-2 rollup protocol by Matter Labs. Formerly known as zkSync 2.0, the project rebranded to zkSync Era in February, 2023. ZkSync Era employs zero knowledge (ZK) rollups…Read full story at Kraken Blog >

Bitcoin at 15: the relentless resilience of peer-to-peer electronic cash

In 2008, an 8-page white paper outlined a new form of money. Today, we celebrate the 15th anniversary of Bitcoin. On October 31, 2008, an anonymous entity named Satoshi Nakamoto published a white paper for a decentralized, “peer-to-peer electronic cash system.” The Bitcoin white paper was a direct response to the systemic weaknesses laid bare…Read full story at Kraken Blog >

Kraken Pro presents: Futures Market Masters 2023

Show off your trading skills and win big. $100k big. It’s time — our 30-day futures trading contest has launched. Whether you’re an experienced pro or just starting out, it’s your chance to show off your futures trading skills and win a share of the $100,000 USD prize pool. When is the competition? The competition…Read full story at Kraken Blog >

Bivu Das joins Kraken as UK Managing Director

We are pleased to announce the appointment of Bivu Das as our new UK Managing Director. Bivu brings nearly two decades of commercial enterprise and fintech strategy development experience to Kraken. His arrival coincides with the UK making important strides to become a globally recognised crypto hub. Bivu will oversee our extensive network of regulatory,…Read full story at Kraken Blog >

Crypto will be here long after the SBF trial is over

So as Sam Bankman-Fried stands trial for wire fraud, securities fraud, commodities fraud, money laundering and campaign finance violations, let’s remember one thing above all else: crypto itself is not on trial. Bitcoin is a technological fortress built to endure, and no amount of speculative narratives or individual fallibility could ever change that. After FTX’s…Read full story at Kraken Blog >

Kraken to acquire Dutch crypto broker BCM in commitment to grow European business

Kraken is thrilled to announce our planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment to growing our business in Europe by leveraging our strong financial position and highly competitive product offering. Founded in 2017, BCM is one of the Netherlands oldest and most respected registered crypto brokers. The…Read full story at Kraken Blog >

Kraken one of Newsweek’s 2023 Top 100 UK Most Loved Workplaces

We’re proud to announce that we have been named #18 on Newsweek’s Top 100 UK Most Loved Workplaces list. This recognition showcases our truly unique employer brand offering, which emphasises flexibility, career development and the well-being of our Krakenites. Newsweek’s rankings, backed by the rigorous analysis of the Best Practice Institute, are based on survey…Read full story at Kraken Blog >

Announcing the Kraken Pro Battlestation Contest

The Kraken Pro Battlestation Contest is upon us! The participant who submits the most impressive battlestation trading setup on X/Twitter will win a $1,000 gift card from Secretlab chairs. We’re excited to see your submissions and offer you a chance to win $1,000 toward a new gaming chair from Secretlab. Entries must be completed during…Read full story at Kraken Blog >

ETH and OP deposits and withdrawals now available on Optimism!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) and Optimism (OP) on Optimism. Additionally, Optimism (OP) is now available on Kraken! Funding and trading Optimism (OP) funding and trading are already live. You can transfer ETH or OP to your Kraken account by navigating to Funding and selecting ETH…Read full story at Kraken Blog >

Kraken bolsters its Canadian offering

Announcing Interac e-Transfer funding, new coin listings and updated local governance structure Our presence in Canada is clear: We’re proud to be one of Canada’s leading crypto employers, as well as a crypto platform that offers Canadian clients over 180+ assets (and five Canadian dollar spot-trading pairs). And that’s just a start – we are…Read full story at Kraken Blog >

Kraken Progresses European Expansion, Secures EU E-Money License and VASP in Spain

We are excited to announce we have received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, we have also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight our ongoing commitment to growing our European business. The EMI license, granted to…Read full story at Kraken Blog >

Kraken one of Newsweek’s 2023 Top 100 American Most Loved Workplaces

Kraken is proud to announce that we have made Newsweek’s Top 100 American Most Loved Workplaces list. This recognition reflects our ongoing commitment to providing a flexible workplace that prioritizes well-being and career development. Newsweek’s rankings, backed by the rigorous analysis of the Best Practice Institute, are based on survey results of more than two…Read full story at Kraken Blog >

Announcing Super-Volume Rebate Tiers for Kraken Futures

We’re always looking for ways to improve your trading experience. That’s why we’re excited to announce a new trial that offers maker rebates to high-volume futures traders. Traders with 30-day volumes of $250M+ on select futures contracts will automatically earn maker rebates up to 0.01%. Kraken Futures Super-Volume Rebate Tiers details BTC Perpetual Contracts (Single…Read full story at Kraken Blog >

Now live: Price Alerts on Kraken Pro

Greetings, Pro traders! We’re thrilled to introduce Price Alert, which are now live for all Kraken spot and futures markets. Now, you can easily be notified for live price changes, whether you’re using Kraken Pro in the browser, or on the go with our mobile app. Set A Price Alert on Kraken Pro Price Alerts…Read full story at Kraken Blog >

New UK clients can win a bitcoin with Kraken

At Kraken, we’re committed to a world where everyone can achieve financial freedom and inclusion. So if you’re a U.K. resident thinking about getting into crypto, now is the perfect opportunity. Win a whole bitcoin Yes, you read that right! All new U.K. clients who sign up using the link below and make a trade…Read full story at Kraken Blog >

Announcing Iceberg Orders on Kraken Pro

Ahoy, Pro traders! We’re pleased to announce the release of Iceberg Orders on Kraken Pro, now available on all spot and margin markets through the Kraken Pro web interface. Start trading on Kraken Pro This powerful trading tool is designed for those occasions when openly revealing the size of your trades might move the market…Read full story at Kraken Blog >

ETH deposits and withdrawals now available on Arbitrum Nova!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Arbitrum Nova! Funding Funding is already live. You can transfer ETH to your Kraken account by navigating to Funding, selecting ETH and in the drop-down box the desired deposit method (network): Arbitrum Nova. Got ETH on Arbitrum Nova and a…Read full story at Kraken Blog >

Kraken’s story in Canada

Now more than ever, Kraken remains deeply committed to Canada. But our commitment to the Great White North isn’t just hype. It’s a relationship that stretches back to the earliest days of Bitcoin itself. The early years Kraken’s Canada story begins in 2011 – the year CaVirtEx, an early Canadian crypto trading platform based in…Read full story at Kraken Blog >

Announcing Kraken’s liquidity pool for futures

Enhanced risk management We are always looking for ways to help our clients participate in crypto markets with greater confidence. So we are pleased to introduce our liquidity pool for futures, designed to minimize the need to unwind futures positions and improve the experience of Position Assignment System (PAS) participants. The liquidity pool provides additional…Read full story at Kraken Blog >

Frenly Pandas and Enlightenment x Reddit Collectible Avatars added to Kraken NFT

We’re thrilled to announce that we have added two new NFT collections to Kraken NFT for our clients to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas…Read full story at Kraken Blog >

12 Years of Kraken: CEO Dave Ripley on empowering the next billion crypto users

Twelve years ago, we began our pioneering mission to become one of the first and most successful digital asset exchanges. We started by trading only four cryptocurrencies, but now support over 220 assets on 67 blockchains – and over 700 markets. We’ve been at the forefront of the crypto revolution since 2011. As one of…Read full story at Kraken Blog >

Cryptowatch to sunset: Kraken Pro to integrate Cryptowatch features

We’re looking forward to welcoming Cryptowatch users to experience the advanced trading capabilities of the new Kraken Pro interface. Built to cater to the most discerning traders, Kraken Pro isn’t just a spot trading platform – it enables margin and futures trading, as well as staking options, broadening the scope of your crypto trading strategies….Read full story at Kraken Blog >

Crypto shouldn’t be cryptic: Introducing Kraken’s refreshed web experience

Getting started in crypto doesn’t need to be hard, and now Kraken has made it even easier. The powerful features and design principles of Kraken’s mobile app are now available on the web. Introducing the new and improved Kraken web experience — the easy way to start your crypto journey. Get started What’s different? All…Read full story at Kraken Blog >

Trading for Ripple (XRP) starts now for the USA!

Kraken is excited to announce that United States residents can deposit and trade XRP! Funding and trading Funding and trading are live. Add XRP to your Kraken account by navigating to Funding, selecting Ripple (XRP) and hitting Deposit. Already have XRP and a Kraken account? Click below to get started ⤵️ Deposit now Ticker XRP…Read full story at Kraken Blog >

HV-MTL and 5 Boro Bodega x Reddit Collectible Avatars added to Kraken NFT

We’re thrilled to announce that we have added two new NFT collections to Kraken NFT for our clients to explore, collect and trade. After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams with zero gas…Read full story at Kraken Blog >

Trading for TrueUSD (TUSD) starts June 29 – deposit now!

Kraken now supports the deposits and withdrawals of TrueUSD (TUSD) on the Tron Network! Tron is a blockchain platform where developers can deploy their own decentralized applications (dApps). Tron is powered by delegated proof-of-stake (DPoS), a system that’s considered highly democratic and inclusive for selecting block producers. The company’s vision is to create a decentralized…Read full story at Kraken Blog >

Announcing Kraken’s $100M+, $250M+ and $500M+ volume fee tier trial

Starting Aug. 1, 2023 0:00 a.m. UTC through Sept. 30, 2023 11:59 p.m. UTC,* we will offer the following fee tiers: Who is eligible? All clients who trade over $100M, $250M or $500M in total spot crypto volume on a 30-day rolling basis will automatically be placed in this trial’s corresponding fee tier. Trading volume…Read full story at Kraken Blog >

Polygon lands on Kraken NFT — trade Reddit Collectible Avatars today

Did you catch the exciting news in our Kraken launches your gateway to the world of NFTs post last week? Polygon NFTs are now available on Kraken NFT — the secure marketplace to explore, collect and trade non-fungible tokens with zero gas fees.* Clients can now use the Polygon network to deposit and withdraw supported Polygon…Read full story at Kraken Blog >

Kraken launches your gateway to the world of NFTs

Since first opening Kraken NFT to beta testers, we’ve been building new features, adding more collections, and simplifying the NFT trading experience for all. Now, we’re pleased to announce that Kraken NFT is officially ready to launch. That’s right: we are no longer in Beta....Read full story at Kraken Blog >

Meet Kraken’s new Chief Technology Officer, Vishnu Patankar

Kraken, one of the world’s longest standing and most trusted crypto platforms, today announced the appointment of Vishnu Patankar as Chief Technology Officer (CTO). Patankar brings over twenty years of technology expertise to Kraken and helped Fortune 500 companies like Microsoft, Amazon, Intel, and Groupon...Read full story at Kraken Blog >

Why buy an NFT? Collectibility

For centuries, people have collected things. Some of these things may be nostalgic items like ticket stubs or lucky coins. Others might be especially rare items, like classic cars or limited-edition vintage watches. In many ways, the things we collect become a reflection of who...Read full story at Kraken Blog >

Kraken completes SOC 2, Type I for custody and funding services

As part of Kraken’s commitment to client security, we have completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (“AICPA”) SOC 2, Type I compliance standard. We’d like to share details about this process...Read full story at Kraken Blog >

Bitcoin Pizza Day — A celebration of decentralization

Pizza parties rarely need an explanation. But pizza parties on Bitcoin Pizza Day deserve one. Thirteen years ago today, Laszlo Hanyecz created a thread in the bitcointalk.org forum titled Pizza for bitcoins? After some explanation and much discussion, Hanyecz found someone willing to buy him...Read full story at Kraken Blog >

What is Pepe (PEPE)? Meet the latest viral meme coin phenomenon

A new viral meme coin is taking the crypto market by storm and it’s led by a weird-looking frog. On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog. Pepe is a green, amphibious cartoon character that originated from...Read full story at Kraken Blog >

Trading for Pepe (PEPE) starts now!

We’re thrilled to announce that Pepe (PEPE) is now available on Kraken! Funding and trading PEPE funding and trading starts now. Add PEPE to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Already have PEPE and a Kraken account? Click...Read full story at Kraken Blog >

Why buy an NFT: Community membership

One of the most misunderstood aspects of non-fungible token (NFT) ownership has steadily turned into one of its biggest draws. While some are solely focused on the media the NFTs represent, others are exploring what it means to be the rightful owner of that piece...Read full story at Kraken Blog >

Everything you need to know about the Ethereum Cancun upgrade

Ethereum Cancun-Deneb (Dencun) is the next planned upgrade to the Ethereum blockchain. The upgrade will improve the scalability, security, and usability of the Ethereum network. Cancun represents an additional upgrade to Ethereum’s execution layer following the recent activation of Shanghai. This first step went live...Read full story at Kraken Blog >

Kraken testifies before Congress to push for effective crypto regulation

Today at 9:30am EST, Kraken’s Chief Legal Officer Marco Santori will appear before the U.S. House of Representatives in a landmark joint hearing entitled “The Future of Digital Assets: Closing the Regulatory Gaps in the Digital Asset Ecosystem.” “Advocating for the potential, and benefits, of...Read full story at Kraken Blog >

Kraken Futures goes Pro

We are excited to announce that futures trading is now available in our new Kraken Pro web interface. With this upgrade, we are providing an all-in-one crypto experience that unlocks powerful trading opportunities for our clients. Kraken Pro web users can now leverage the capital...Read full story at Kraken Blog >

Trading for Euro Tether (EURT) starts May 2 – deposit now!

We’re thrilled to announce that Tether EURt (EURT) is now available on Kraken! Funding and trading Funding is live, and trading will begin on May 2 at approximately 14H30 UTC. Add EURT to your Kraken account by navigating to Funding, selecting the asset, and hitting...Read full story at Kraken Blog >

It’s official: Dave Ripley takes the helm as Kraken’s new CEO

We’ve come a long way since Kraken announced its leadership succession plan last September. This week Dave Ripley will officially start as Kraken’s CEO, while outgoing CEO and co-founder Jesse Powell will move into his new role as Chairman of the Board. Over the last...Read full story at Kraken Blog >

Kraken secures Virtual Asset Service Provider (VASP) registration in Ireland

Kraken has successfully registered our Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). Kraken’s Irish VASP registration demonstrates to both our clients and regulators that Kraken follows Europe’s most robust anti-money laundering and...Read full story at Kraken Blog >

How Kraken supports our clients

Terms like “client obsessed” and “client-centric” get thrown around a lot these days. At Kraken, these are more than just buzzwords. Since launching over 11 years ago, the support experience of our clients has been a fundamental differentiator at Kraken. Client support led by crypto-passionate...Read full story at Kraken Blog >

Trading for Arbitrum (ARB) starts now for USA!

Following Kraken’s listings of Arbitrum (ARB) for most countries on March 22, 2023, Kraken is excited to announce the availability of ARB for residents of the United States! Funding and trading Arbitrum (ARB) funding and trading are live. Add ARB to your Kraken account by...Read full story at Kraken Blog >

Scaling Kraken’s trading infrastructure for the next decade of growth

Authored by: Shannon Kurtas, Product Director, Pro & Institutional Trading Max Kaplan, Sr. Engineering Director, Core Infrastructure & Data Engineering Suketu Gandhi, Sr. Engineering Director, Trading Technology Steve Hunt, VP Engineering Nearly twelve years ago, Kraken began its pioneering mission to become one of the...Read full story at Kraken Blog >

How Kraken manages client security

Proof is paramount to cybersecurity. At Kraken, proof of security essentially means “don’t trust but verify.” This mindset guarantees that the work associated with growing and improving on our exchange can continue unhindered while protecting you 24/7. Kraken invests heavily in our cybersecurity program to...Read full story at Kraken Blog >

Kraken remains committed to Canada

We are pleased to announce that Kraken has filed a pre-registration undertaking (PRU) with the Ontario Securities Commission. This PRU is a step on the road to becoming registered as a Restricted Dealer across Canada and demonstrates our commitment to following the Canadian Securities Administrators’...Read full story at Kraken Blog >

Expanded margin pairs available for ARB!

Kraken now supports new margin pairs for Arbitrum (ARB)! Margin trading is now available for the below pairs for ARB: Pair base Pair name Available leverage Long Position Limit Short Position Limit ARB ARBUSD 3 30,000 10,000 ARB ARBEUR 3 17,000 7,000 Here’s what you...Read full story at Kraken Blog >

ETH deposits and withdrawals available on the Polygon network!

Kraken is pleased to announce that we now support deposits and withdrawals of Ethereum (ETH) on Polygon! Polygon is a Layer 2 scaling solution and decentralized application development infrastructure for Ethereum. Polygon increases the transaction throughput for Ethereum-based assets and uses a modular framework to...Read full story at Kraken Blog >