Kraken Adds 5 New Major Currency Funding Options

Kraken Adds 5 New Major Currency Funding Options

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Exchange platform, Kraken has now made it easier than ever before for users to fund their trading accounts with the inclusion of 5 of the worlds leading fiat currencies, USD, EUR, CAD, GBP and JPY.

The new funding options have been made possible thanks to a partnership with custodian company, Etana Custody. This has allowed for the 5 new options to be rolled out to more than 180 countries, catering for practically every client Kraken holds worldwide. Allowing for these fiats to then be used for crypto trading.

Users looking to benefit from these new funding options can do so by registering their bank account with the Etana Custody Wallet. This will then be automatically linked up to the users Kraken account and the funds can then be transferred to and fro between the two systems quickly and for no fee.

Thanks to the new set-up, even users who do not hold one of these 5 major currencies can still make use of Etana as a means of currency exchange. Etana will then covert the chosen currency into one of the five which can be used to deposit into Kraken.

That is not all that is on offer thanks to the partnership, as Kraken markets will now also be made available through Metatrader; trading platforms used by online retail foreign exchange speculative traders. Thus, providing a more interconnected Kraken than ever before.

Clearly, a very beneficial new deal for everyone involved.

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