Kraken Exchange and what we need to know about it. In this article on shetcoiner site, we want to examine all the things we need to know about this currency; so stay with us.
The exchange was established in 2011. A few years after the first Bitcoin block was mined, the exchange officially introduced itself to traders in 2013. It is interesting to know that even in the early days of crypto currencies; Kraken was committed to rigorous algorithms and safety standards. The exchange kept itself in beta and closed for two years before it went public. Jesse Powell, founder of Kraken, before leaving Mt. Inspired to set up its own exchange, Gox topped several Internet technology and gaming companies. Powell’s theory at the time was that if Gox were to be hacked, traders would need another location to make it safer. Unfortunately, Gox lost more than $300 million after being hacked, but still tried to stay in the market.
Have you ever wondered what keeps Kraken going?
The answer to this question is very simple. Kraken Due to the updates that have been made in the field of crypto currencies, Kraken has always kept itself up to date and tries to create the best and most complete platform for its users. In 2017, the crypto currency market grew significantly. Until then, Kraken had been working on and offering Bitcoin, Ethereum, and Litecoin, establishing itself as the largest BTC / ETH exchanger in crypto currencies. As crypto currencies grew, this exchange also expanded and more people worked with it.
After entering this exchange, you can start registering; first it asks about your familiarity with crypto currencies, then you need to enter your identity information such as: name, email and phone number. Complete your registration at the end. After this, you can easily use this exchange.
In this article on shetcoiner site, we take a look at the history of Kraken. In the next section, we taught you how to register in this exchange and what steps you need to go through.
If you want to know more about crypto currencies read the following articles on shetcoiner site:
How to deposit funds into Kraken?