Crypto exchange Kraken announced on Wednesday (August 21) that it will soon be listing BAT and WAVES.
San Francisco-based Kraken was founded in 2011 by Jesse Powell, who is also the CEO. The Kraken trading platform was launched roughly two years later (in September 2013).
In the June 2019 issue of CryptoCompare's Exchange Benchmarking Report, Kraken was one of the highest-rated crypto exchanges with an “A” grade.
According to Kraken’s blog post, the following trading pairs will be available from August 22:
- BAT: BAT/USD, BAT/EUR, BAT/XBT, BAT/ETH
- WAVES: WAVES/USD, WAVES/EUR, WAVES/XBT, WAVES/ETH
Both BAT and WAVES will be available from this date for both Kraken and Kraken Pro, but they will not be initially available for Kraken Futures and Margin Trading.
The news seems to have helped both BAT and WAVES, as you can see in the two 24-hour price charts (from CryptoCompare) shown below:
Nelson Minier, Head of over-the-counter (OTC) trading said in episode 17 of The Scoop podcast that Kraken’s OTC desk had “20x’d the number of trades it does per month since last year.”
Featured Image Courtesy of Kraken
