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Kraken Cryptocurrency Exchange Adds Support For the Swiss Franc

San Francisco-based cryptocurrency change Kraken is including help for its newest fiat asset, the Swiss franc (CHF).

According to a weblog submit on Dec. 5, Kraken stated that in collaboration with Liechtenstein-based Bank Frick, the Swiss franc will be a part of the roster of fiat currencies that Kraken already helps, specifically the United States greenback (USD), the Canadian greenback (CAD), the euro (EUR), the British pound sterling (GBP), and the Japanese yen (JPY).

The Kraken staff additional revealed that CHF buying and selling begins on Friday, Dec. 6, and that it’s going to roll out buying and selling pairs between the Swiss franc and Bitcoin (BTC) and Ether (ETH), with the long run risk so as to add extra buying and selling pairs.

Kraken, one of many largest and oldest Bitcoin exchanges on the earth, lately introduced that it was becoming a member of the Silvergate Exchange Network (SEN) to allow its prospects to deposit and withdraw U.S. {dollars} from Silvergate accounts with no charges. 

Prior to that, Kraken launched the cellular model of its Kraken Future buying and selling app, which was created earlier this yr and was beforehand solely obtainable on an online browser. The app shall be obtainable on each the iOS and Android platforms.

Kraken added help for OmiseGo and PAX Gold

In October, the change listed OmiseGO (OMG) and PAX Gold (PAXG) tokens.

According to information from Coin360, Kraken is the ninth largest cryptocurrency change by 24-hour commerce quantity, reportedly reaching $103.9 million during the last day.

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