Kraken Will Start DAI and LINK Trading Tomorrow - Coindoo

Kraken Will Start DAI and LINK Trading Tomorrow

Editorial Team Avatar
Sep 24, 2019
2 min reading time

Crypto exchange Kraken has revealed on Tuesday (September 24) in a blog post that it will be expanding its listing with two new additions: Chainlink (LINK) and Dai (DAI)

The two new crypto assets will be available for trading on Wednesday (September 25), according to the post.

Kraken also stated that the exchange’s users will be able to withdraw or deposit with LINK and DAI at 13:30 UTC on September 25.

The first trades will only commence after funding is enabled, as no sell orders can be placed until the deposits clear. Prior to deposit clearance, 30 confirmations are needed for both LINK and DAI (the confirmations are approximated to last around six minutes).

Kraken will be pairing Link against the US dollar (USD), Euro (EUR), Bitcoin (BTC or XBT as it is listed on Kraken), and Ethereum (ETH). The DAI crypto is also traded against the US dollar (USD), Euro (EUR), Bitcoin (BTC/XBT), and Ethereum (ETH).

LINK and DAI will both be listed on Kraken, Kraken Pro, and over-the-counter (OTC) section of the exchange.

LINK is currently trading at 1,99 USD, ranking at 18th with a market cap of $697.339.006 USD. The coin experienced an increase of 8.00% in price in the last 24-hour period. Dai has a current price of 0,997608 USD, with a rank of 62 and a market cap of $85.366.410 USD. Dai saw a decrease in price of 0.89% in the past 24-hour period.

Featured image: cryptonewz

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.
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