Kraken Released Facilitating Feature For Aussie Dollar Trading Pairs

By Chris Torres | June 20, 2020
Australians Can Deposit Money For Bitcoin at Local Post Offices

Major crypto exchange platform Kraken has reportedly rolled out facilitation feature for Aussie dollar (AUD) trading pairs and account funding.

Specifically, Australian dollars is reportedly up for trading against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether (USDT) on the platform.

AUD has reportedly become the seventh fiat coin to receive facilitation from Kraken, together with USD, CAD, EUR, JPY, GBP, and CHF.

Customers located outside of the US territory using the Kraken platform can reportedly also carry out trading for AUD-based foreign exchange pairs against USD, EUR, and JPY.

Kraken will reportedly release facilitation feature for AUD on June 17th, with fiat depositing onto the exchange reportedly available to Australia-based clients, via banks offering support for Osko/PayID payments.

The initiative has reportedly been carried out after Kraken has successfully acquired the longest-running crypto exchange platform in Australia Bit Trade in January this year. 

Kraken has become the next member in the group of global exchange platforms that has plans to expand their business in the Australia’s crypto market, following Coinbase move to facilitate debit card purchases in AUD.

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