Kraken adds trading in Dash after huge price surge

Kraken adds trading in Dash after huge price surge

- in All News, Cryptocurrencies
kraken dash

Kraken, one of world’s largest cryptocurrency exchanges, announced it is  launching support for trading of the cryptocurrency Dash (DASH).

Currently Dash is the fifth most valuable cryptocurrency by market cap after experiencing a price surge (nearly six times) and trading volume (10 times). According to Kraken, Dash has one of the fastest growing peer-to-peer networks and supports both “private” and “instant” payments.

The cryptocurrency protocol is self-funded and self-governed, meaning that the Dash network funds its own development and anyone can present their idea to the network. Dash coin supply is limited to 22 million, with the current available supply at the time of writing around 7.22 million.

“We’re excited to have Dash added to Kraken’s trading platform. As more people begin to take interest in our growth, we hope Dash rises to meet our expectations as one of the most highly traded cryptocurrencies on the platform, while simultaneously providing Kraken clients with the value they’re looking for”, said the Dash Core Team.

Kraken offers the following currency pairs with Dash and adds that margin trading could come soon:

  • DASH/USD
  • DASH/BTC
  • DASH/EUR

The Dash pairs are also available on Kraken’s new trading platform.

Founded in 2011, San Francisco-based Kraken is the largest bitcoin exchange in euro volume and liquidity and also trading the cryptocurrencies bitcoin, ether, litecoin, Canadian dollars, US dollars, British pounds and Japanese yen.

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