Crypto exchange Kraken integrates traditional forex trading and 9 new fiat currency pairs are live starting from March 12, the exchange reported.
Users around the world (users are mostly from the United States) now have the possibility to use the crypto platform Kraken for direct trades between euros, United States and Canadian dollars, Japanese yen, pound sterling as well as Swiss francs.
The FX pairs available on Kraken are reported to be USD/CAD, USD/JPY, GBP/USD, USD/CHF, EUR/USD, EUR/CAD, EUR/JPY, EUR/CHF, EUR/GBP.
With this integration, Kraken becomes the 1st major cryptocurrency exchange to integrate traditional forex pairs. As the exchange notes: “This service is complete with industry-low order minimums, giving clients maximum precision and control over their strategies,”
With forex services, the crypto asset exchange provides its users the possibility to be “more agile and sophisticated” in the trading strategies they use.
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