back Back

Kraken launches new crypto investment App across Europe

By Robin Amlot

January 14, 2021

  • Europe
  • Kraken
Share

Digital asset exchange Kraken has unveiled the new Kraken mobile App targeted at customers looking to invest in cryptocurrencies. Kraken is the largest cryptocurrency exchange in Europe by euro trading volumes. The new App means the firm is now providing a complete offering for investors at every level, from beginner to advanced. Together with the Pro and Futures Apps, which provide professional customers with advanced trading features, the Kraken App delivers a consumer-centric crypto experience with a security-first mindset.

The new App is now available worldwide, including in 42 European geographies. It allows anyone to securely buy and sell more than 50 leading digital assets in a matter of minutes. The app, which includes credit and debit card support to minimise deposit times, uses real-time price data and premium tools to allow clients to easily check markets and review investments on the go.

Jeremy Welch, Vice President of Product, Kraken, said: “Kraken’s mission is to promote cryptocurrency adoption globally. With Europe having one of the highest smartphone penetration and digital literacy rates anywhere in the world, the Kraken App is a major step toward bringing the world-changing potential of crypto to anyone and everyone. For us, it shows our commitment to making crypto more accessible.”

Based in San Francisco, Kraken’s clients trade more than 50 digital assets and 7 different fiat currencies, including EUR, USD, CAD, GBP, JPY, CHF and AUD. Kraken was founded in 2011 and is the first digital asset exchange to have its market data displayed on the Bloomberg Terminal and one of the first to offer spot trading with margin, regulated derivatives and index services. Kraken is backed by investors including Hummingbird Ventures, Blockchain Capital and Digital Currency Group, among others.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Article

January 14, 2021

Glafka Capital launches crypto arbitrage hedge fund

Read More
Next Article

January 15, 2021

NAB to deploy EedenBull platform for SMEs in Australia

Read More

IBSi Prime News

Embedded Finance

September 24, 2021

Europe

European brands increasingly looking at embedded finance, but barriers still exist

Read More
  • Daily in-depth news analysis
  • Weekly chart curated via IBSi research
  • Exclusive weekly Financial Technology use case
Subscribe to Prime

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 24, 2021

The 4 most used apps in Canada revolutionizing the Payments medium

Read More

September 24, 2021

Airwallex raised US$200 million in Series E funding round

Read More

September 24, 2021

ADIB partners with Spotii to launch UAE’s first virtual BNPL prepaid card

Read More

Related Reports

Pages

Bank-wide
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Market Reports
US Financial Services Technology Report 2021

£1,500 / year

Know More

Pages

Retail Banking
Core Banking Market Dynamics Report 2021

£2,000 / year

Know More

Pages

Wealth Management
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More

Pages

Wholesale Banking
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More