Kraken’s US-based users to enjoy the new mobile trading app

Kraken’s US-based users to enjoy the new mobile trading app
фото показано с : invezz.com

2021-6-3 12:59

Kraken cryptocurrency exchange has announced the launch of a new mobile app in the U.S. This is coming after the app received a positive reception in Europe when it was launched in the region earlier this year.

The demand for crypto assets has reached an impressive level, and Kraken says the launch is to enable clients in the U.S. to trade cryptocurrencies with ease.

Users can now buy crypto assets from their mobile phones

Kraken was established almost 10 years ago. The cryptocurrency exchange has grown to become one of the largest digital exchange platforms in the world.

Presently, the platform is the world’s largest global Bitcoin exchange in liquidity and euro volume. But it is growing its U.S.-based marketplace steadily.

According to the company, anyone in the U.S. can now engage in the buying and selling of over 50 different cryptocurrencies directly from their mobile phones.

Additionally, users can easily buy the digital asset of their choice for as little as $10, with its frictionless user experience, sleek design, and intuitive interface offering a conducive trading environment.

The launch is coming after its major U.S.-based competitor Coinbase debuted in the stock market.

Impressive growth since the launch of the app in Europe

Jeremy Welch, Chief Product Officer of the exchange, commented on the launch, saying that the platform is proud to introduce such an app to the U.S-based client.

Since the launch of the app in the U.K., it has experienced impressive growth. Kraken revealed that last month, the trading volume on the exchange grew six times its size compared to the volume in January.

Welch added that there has been an unprecedented surge in new clients, with the platform recording about $12 billion in trading in one day.

He also stated that the main goal of the firm is to ensure wider adoption of cryptocurrencies. Welch says Kraken wants to make certain cryptocurrencies reach everyone no matter their background.

The app is now available for download on iOS at the Apple Apple Store as well as on Google Play Store.

The post Kraken’s US-based users to enjoy the new mobile trading app appeared first on Invezz.

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