Kraken Announce Latest Listing, Nano

Kraken Announce Latest Listing, Nano

The latest token to be listed on Kraken, Nano, went live earlier today.

The San Francisco-based exchange platform announced the news of the latest addition to their platform just hours before it went live for trading. The concept for Nano is quite simple, make payments cheaper than before and offer instantaneous peer-to-peer payments without fees.

As such, it is a simple concept but one with clear benefits for the user. However, while that is the predominant aim of the token, there are other benefits and features it offers to those who choose to utilise it.

What Else Does Nano Offer

For one, Nano uses a novel, block-lattice data structure which essentially provides each user with their own blockchain, which monitors the owner’s transaction and balance history. The transactions are both instant and asynchronous by not waiting on other block intervals.

However, these transactions will then be later recorded to the network at large, where it is formally recorded. On average the cost of a whole transaction will as low as $0.002, the cost of electricity that conducts the transaction.

Nano’s History

In theory, Nano just celebrated its 4th birthday, as it was launched back in October 2015, then under the name Raiblocks. However, it was revamped and rebranded into Nano early last year. As such, the concept has a wealth of experience behind it and is a token that has proven to have lasted the test of time.

Naturally, due to its longitude in the industry, it has ridden a varied price wave. Just before it was rebranded, it saw its all-time high of close to $37, with its all-time low being recorded nearly a year prior to this, $0.006658 USD. However, it is currently closer to the latter, valued at $0.863672 USD. And so, it is a very cost-efficient token to purchase.

If you would like to purchase Nano, you should be able to already via pairs NANO/USD, NANO/EUR, NANO/XBT, NANO/ETH as deposits and withdrawals went live at 13:30 UTC earlier today and trading was scheduled to occur after this. If you are interested you can get involved on the Kraken, Kraken Pro, and OTC networks.

Why Not Trade on Kraken Pro Crypto Trading App

Of course, this is the latest in a long line of coins added to Kraken such as Omise Go and PaxG which were listed earlier this months.

However, another large update to their service was the launch of the Kraken Pro trading app. This went live last week and provides traders with an easier to use than ever before service which is sure to make trading Nano, as well as these other latest additions to their trading platform.  At a glance, Kraken has unveiled 20 features of using the newly launched app.

100+ Live Crypto Markets, which includes:

  • Blazing fast WebSockets and real-time price updates
  • Multiple charting and order book display options
  • Intuitive depth chart and recent trade history
  • Colourized sparklines and change% overtime for each currency

Advanced Trading Features:

  • The option to long or short on 8 different cryptocurrencies with up to 5x with margin trading
  • Open and close your positions in bulk with just a few taps
  • Advanced order types and conditional close parameters to automatically set a stop-loss or take-profit on any position
  • Set start and expiry times to customize when your orders are placed or cancelled
  • Custom fee payment options allow you to pay in fiat or crypto for each order

As well as these features for trading, Kraken has promised that this new Pro app allows others possibilities to their users. Which include the ability to:

  • access a complete history of all orders, trades, positions, deposits and withdrawals
  • Visualize your past trades or current open orders directly on the chart
  •  current balances for each asset, in your preferred quote currency 

Furthermore, the app offers,

  • A deep and liquid set of 100+ cryptocurrency markets
  • Fees as low as 0% 
  • 24/7/365 global customer support

Head over to Kraken now to trade Nano, or download the app from the Play Store or App Stores and trade it while on the go.

Recently Similar News

casinoin-promotion etoro-promotion

Latest Guides

Latest News

Changelly,CoolWallet,Crypto Wallets,Exchange Platforms

CoolBitX App Sees Updates On Exchange Feature

CoolWallet have updated the features on it’s the exchange part of its CooBitX app. There are a number of changes both in terms of design and functionality on the app from the crypto wallet, but perhaps the biggest update to the feature is the fact that you can now choose between the rates of two […]

28 May, 2020
cfd,CFD Trading Platform,Investment,Trading Highlight Airline Stock Potential have taken to Facebook to make users aware of the potential investment opportunities currently present in airline stocks. The reason they have highlighted these possibilities at this time comes from the news that after shutting its border during the corona pandemic Spain are preparing to open their borders again. The nation has outlined plans […]

28 May, 2020
CFD Trading Platform,Investment,Trading

Delivery Date Changes on 8 XTB Instruments

XTB have highlighted some delivery date changes on some of the instruments available on their platform. Posted at 11 am today, these will effect 8 instruments available for trading on their platform. It will see a change of delivery date for them and therefore, XTB have told traders that if they have open positions will […]

27 May, 2020

AvaTrade Offers Two Things to Know to Start Today’s Trading

If you are looking to get today’s trading off on the right foot, then AvaTrade has offered up two things you need to know to start your day. The first of these two things is the need to pay attention to the escalating situation between China and the US. On Monday, they had already discussed […]

27 May, 2020
CFD Trading Platform,Investment,Plus500,Trading

Understand Options CFDs at Plus500

Plus500 have released a new guide to understanding Options CFDs. The guide to one area of their wide range of services was drawn attention to this morning over their twitter page. In the post, they reminded users that Options CFDs can be traded on Shares, Indices, Commodities, & more, while also telling users that it […]

26 May, 2020

Binance to Host Matic Trading Comp

Exchange platform, Binance will be hosting a trading competition for the token of the Matic Network. Over the course of the competition, 50,000 USD worth of Matic will be available for those participating in this event. While it is one overall competition, in reality, there are three separate promotions that will make up the event […]

26 May, 2020
Investment,IQ Option

IQ Option Explain Why You Might Be Losing Money

Are you losing money? If so, then IQ Option’s latest blog may be able to explain why. Titled “Why Do I Keep Losing Money?” the posts explains some of the most common reasons why traders tend to lose money and then elaborate as to how they can change that situation. While of course, as they […]

25 May, 2020

Geopolitics Affect Asian Market

Asian markets have started the week off slowly due to investors becoming wary of the China-US relations, explain AvaTrade. Following the closing of lockdown in China and their markets beginning their recovery, there have been new reasons for Asian market investors to be concerned. Specifically, China’s action in Hong Kong, which, according to AvaTrade, is […]

25 May, 2020