Kraken Add and Remove Trading Pairs

Kraken Add and Remove Trading Pairs

The team at Kraken has been adjusting the pairs available on their platform with some new ones added and some old ones removed.

The pairs available will become available as of next Thursday, 19th December, when in total 10 new pairs will become available and 5 others will be discontinued on the platform. However, this won’t see any tokens listed on their platform, which they have been adding to a lot recently, with them simply reshaping the trading options available to make the platform have better opportunities and more efficient channels by which to trade via.

The 10 new pairs that will be added are as follows:

  • USDT/EUR, USDT/CAD, USDT/GBP
  • XBT/USDT, ETH/USDT
  • XBT/DAI
  • MLN/USD, MLN/EUR
  • XDG/USD, XDG/EUR

You will notice that the first three pairs all between Tether and fiat currencies, such as EUR, CAD and GBP. It’s worth noting that these pairs, do not count towards your 30-day volume and so all cannot be used for trading volume discounts. This is how the new levels for this pairings will look like once they go live next week.

Currency Pairs Price Precision Trading Min
USDT/EUR 4 5
USDT/CAD 4 5
USDT/GBP 4 5
XBT/USDT 1 0.002
ETH/USDT 2 0.02
XBT/DAI 1 0.002
MLN/USD 3 0.1
MLN/EUR 3 0.1
XDG/USD 7 3000
XDG/EUR 7 3000

While the platform will see the following tokens removed from their platform:

  • EC/JPY
  • XTZ/CAD
  • ATOM/CAD
  • ADA/CAD
  • QTUM/CAD

The reason for the choice to remove this was based on the fact that were showing a low frequency of trading volume. As such, it would appear that it won’t be a major blow for most traders on the platform as they were seldom being used anyway.

However, if you do have any open orders with these tokens that is advisable that you cancel them ahead of the Thursday cut-off line as if you fail to do so then they will be cancelled for you by the platform.

If you would like any more information about these new additions, or why these others are being removed, as well as if you need any help cancelling them before the deadline, then Kraken’s customer support team will be on hand to assist with you any queries you might have.

Another thing that you may want to look into when you head over to Kraken is their new staking feature of the Tezos token. This went live earlier this week and promises you as much as 6% of the funds you stake simply for merely keeping them in an on-site staking wallet. This is yet another new reason to join the Kraken trading platform.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

Binance,Bitcoin,SEPA

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021
Bitcoin,Cryptocurrency,Investment

Why are Crypto Holders Worried of Declaring Their Ownership?

Cryptocurrencies have been popularly regarded as the future of finance globally. Investing in virtual coins has become a lot easier than it was a few years ago with the evolving crypto industry. Over the last few years, Bitcoin has caused a lot of buzz in the market. It has established itself as the de facto […]

8 July, 2021
Bitcoin,CoinMarketCap,Trading

Bitcoin On The Rebound Following Elon Musk’s Latest Announcement

The price of the world’s largest cryptocurrency is rising again following the latest comments from Elon Musk. Bitcoin’s price has climbed and stayed above $40,000 on Monday 14th June, following an announcement by Musk that Tesla will, once again, start accepting BTC payments. The latest comments have proven once more what a powerful influence the […]

16 June, 2021
Bitcoin,Cryptocurrency,Regulation

Bitcoin Is Now Legal Tender In El Salvador

The world largest cryptocurrency has become a legal currency in El Salvador. Following a congressional vote held on Tuesday, a significant majority agreed to adopt Bitcoin and use it alongside the country’s other currency, the US dollar. In the words of El Salvador’s President, this decision has made “history”. Within the next 90 days, all […]

10 June, 2021
advertisement,Cryptocurrency,Google

Google Updates Its Advertising Policy To Allow Crypto Ads

Global search engine giant, Google, has announced that it will be accepting cryptocurrency advertisements targeting customers in the US. This change to the tech giant’s financial products and services ads policy is expected to be made at the start of August 2021. As a result, operators of cryptocurrency exchanges and wallets will be able to […]

8 June, 2021
Bitcoin,Coinbase,Trading

Coinbase Stock Loses Over 25% Since April IPO

It was hailed as one of the greatest moments in cryptocurrency history. The Coinbase IPO was seen as the tipping point of the sector, a moment when cryptocurrencies will finally find their well-deserved place within the financial industry. Interest was high, and when Coinbase (COIN) began trading on the Nasdaq on April 14, 2021, the […]

26 May, 2021
Bitcoin,Cryptocurrency,Social Media

Bitcoin Drops by Over 30% to $30,000 After Another of Elon Musk’s Tweets

Tesla’s CEO and among the top three richest people in the world, Elon Musk, has yet again sent Bitcoin and other altcoins on a wild ride that saw the markets bleed after massive sell-offs. In a flurry of tweets that begun on Sunday, Elon seems to have implied that Tesla would liquidate its Bitcoin holdings. […]

20 May, 2021
Blockchain,Investment,Technology

Tune In To The 4th Edition of the AIBC Pitch

On the 25th of May 2021, Dubai will once again play host to the much-anticipated Draper-Aladdin AIBC Startup Pitch. 100 companies operating in the exciting fields of AI, Blockchain, Quantum Tech, FinTech, Big Data and IoT will be showcasing their ideas to investors and other stakeholders. Up to $500,000 can be won by any single […]

16 May, 2021