Kraken cryptocurrency exchange will launch trading between fiat pairs today, on March 12, including the Canadian dollar (CAD), Swiss franc (CHF), euro (EUR), British pound (GBP), Japanese yen (JPY) and US dollar (USD).
📈*NEW* FX IS GOING LIVE ON KRAKEN— Kraken Exchange (@krakenfx) March 11, 2020
Starting TOMORROW, eligible clients can trade:
... w/ low minimums and no 3rd-party delays.
READ MORE: https://t.co/M9HZPqY7Ltpic.twitter.com/mQaggr4ugv
According to the company, the service will be available to all customers except US residents. The minimum transaction size is 10 units in the base currency for each transaction.
Kraken offers 9 currency pairs, including EUR / CAD, USD / CAD, EUR / CHF, EUR / GBP, USD / CHF, EUR / JPY, USD / JPY, EUR / USD, GBP / USD. In the future, the company plans to expand the offer of financial instruments.
There is no margin trading opportunity for these markets, and commissions will be charged according to the fees scheme in the stablecoins market.