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  • A Mobile Application for Crypto-Trading Launched by Kraken
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A Mobile Application for Crypto-Trading Launched by Kraken

Blaine Matta June 4, 2021 2 min read

According to the latest reports, the Kraken cryptocurrency exchange has made a new announcement for its users. The exchange has announced that it has launched a mobile application that would be used for the sole purpose of performing trades for cryptocurrencies.

Kraken, one of the oldest cryptocurrency exchanges in the entire cryptocurrency industry has shared more details around its new mobile application for crypto-trading. According to the exchange, the mobile application for cryptocurrency trading has been launched targeting the user base in the United States.

According to Kraken, it has taken this step in order to boost and increase the user base in the United States for its cryptocurrency trading service. With so many developments taking place in the United States in terms of cryptocurrency adoption, things are now getting smooth for crypto firms.

Several cryptocurrency firms have expressed their view of the recent cryptocurrency market in the United States. The vast majority of the crypto-firms now unanimously voice that the crypto-atmosphere around cryptocurrencies is now getting steady in the United States.

As a result, many cryptocurrency firms are confident that they would be able to thrive in this atmosphere. This is the reason why the cryptocurrency exchanges and other firms have started progressing in the US crypto markets.

Among the rest, the cryptocurrency exchanges see a lot of potential and open ground that they can cover. It has become a race for cryptocurrency exchanges to earn that ground by providing better services than the rest.

This is the reason why Kraken has taken a huge step in launching its cryptocurrency trading services through mobile applications. This way, Kraken would be able to attract more users, investments, and eventually, leading to higher trading volumes.

Just to make it clear, the application launched by Kraken is also available for users spread internationally. The Kraken mobile crypto-trading application is available for both Android and iOS users. Through the application, the users would be able to trade more than 50 cryptocurrencies.

The users would have the access to trade major cryptocurrencies such as Ether (ETH), Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), and more.

The youth in the United States is as enthusiastic and ambitious as in South Korea. The United States has it all to become the largest hub for the cryptocurrency industry and this is what the country has started proving. Even the federal bodies in the United States have started opening up with their opinions about the cryptocurrency industry in the country.

One of the top examples is a mayor of Miami City who has recently admitted that he has Bitcoin (BTC) and Ethereum (ETH) in his possession. The mayor is also making many efforts to provide a base to the cryptocurrency industry in the country in the form of Miami City as a hub.

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