29 Jun '15, 4pm

Kraken Opens Bitcoin Exchange in Canada

Kraken Opens Bitcoin Exchange in Canada

Kraken has officially launched in Canada following a partnership with digital currency industry-focused risk management specialist Vogogo. The San Francisco-based bitcoin exchange now allows users in Canada to convert Canadian dollars into digital currencies using Interac e-Transfer and electronic fund transfers (EFT). Trading fees are then priced between 0.10% and 0.35%, with more active traders receiving more attractive rates. In statements, Kraken CEO Jesse Powell indicated that the company saw significant potential in the Canadian market. The exchange has been one of the most active US firms in the global market, opening to Japan and adding GBP trading in October . Kraken is also one of the more prominent businesses to pull out of the US market over legal concerns. Kraken becomes the latest US bitcoin exchange to enter the Canadian market, a move that follows the closu...

Full article: http://www.coindesk.com/kraken-opens-bitcoin-exchange-in-...

Tweets

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