Kraken Supports FTX Client Refunds and Offers Fee-Free Trading
Kraken has been chosen as a distribution partner by FTX, the bankrupt cryptocurrency exchange, to facilitate the refund process for its clients. To support affected users, Kraken is offering fee credits for up to $50,000 worth of crypto trading on Kraken Pro without any fees.
Kraken’s Rapid Growth and Product Expansion
Kraken has experienced rapid growth with over 13 million users worldwide, listing over 240 cryptocurrencies, and a significant expansion of its derivatives product offerings, including 300 futures contracts available. The platform has recently added new tokens like TRUMP and MELANIA, as well as innovative features like fee-free swaps in the Kraken Wallet and advanced order types on Kraken Pro.
Kraken: A Trusted Platform with Impressive Numbers
Kraken continues to expand its services, providing a secure and user-friendly platform for European investors. With strict compliance to local regulations and a transparent approach, Kraken offers top-tier security while ensuring a smooth user experience. The platform also offers fast and cost-effective euro deposit and withdrawal options via SEPA, making it a favorite for users seeking a reliable fiat-crypto on/off ramp.
New Assets and Features on Kraken
Kraken has added several new tokens to its platform, including TRUMP and MELANIA, which have gained significant popularity among users. The platform has also launched USDT0 by Tether exclusively, as well as added CoW Protocol, TokenFi, and DRV to its list of available cryptocurrencies. Additionally, Kraken has expanded its margin trading offering for assets like SushiSwap, 0x Protocol, LayerZero, Ethereum Name Service, and dYdX, and introduced innovative features such as fee-free swaps in the Kraken Wallet and advanced order types for better risk management on Kraken Pro.
Please note that cryptocurrency trading carries risks, and this article is not intended as financial advice. Always do your own research and consider the potential risks before investing or trading in cryptocurrencies.
