Kraken's New Offering Revolutionizes Trading for Australian Clients
Kraken, a leader in the crypto space, is thrilled to introduce a new service targeting Australian wholesale clients. This offering features a range of crypto-based derivatives products, enhancing the trading experience for its users.
Innovative Derivatives Trading at Kraken
Starting today, wholesale clients in Australia can access crypto-based derivatives through Kraken's licensed broker. This innovative move allows clients to manage risk and seize opportunities in crypto price movements without the necessity of holding the assets themselves.
Meeting Client Needs with Flexibility
Jonathon Miller, GM of Kraken for Australia and Rest of World, emphasized the importance of being ahead of market demand. He noted, “Australian wholesale clients are looking for the ability to execute advanced trading strategies using a licensed broker backed by Kraken’s high security standards.” Kraken's new offering is designed specifically to cater to these advanced trading needs while assisting clients on their crypto journey.
Comprehensive Trading Options
With an extensive selection of over 200 tradable assets, Kraken provides a multi-collateral support system that includes fiat, stablecoins, and cryptocurrencies. These assets are safeguarded through one of the industry’s most robust custodial solutions, ensuring round-the-clock client support services.
A Commitment to Compliance and Innovation
Miller further reiterated, “Australia has long been a cornerstone of Kraken’s global operation. Our licensed broker offering is testament to our ongoing commitment to regulatory compliance, bringing exciting crypto products to market that can truly unlock institutional demand for crypto assets.” This statement reflects Kraken's strategic approach to fostering trust and reliability within the trade community.
Accessing Kraken's New Offering
Eligible Australian wholesale clients interested in Kraken's new offering can learn more about it by visiting Kraken's support resources. Existing clients can also verify their eligibility via the Kraken Pro app, making it straightforward to engage with these new trading options.
About Kraken: A Pioneer in Crypto Trading
Founded in 2011, Kraken stands as one of the longest-running and most secure crypto platforms globally. The company's mission is simple: to boost the global adoption of cryptocurrencies, facilitating financial freedom and inclusion for all. Kraken's digital currency exchange allows users to trade over 200 crypto assets and engage in transactions across six national currencies, including AUD.
With its comprehensive services encompassing spot trading, staking, and derivatives, Kraken is committed to meeting the diverse needs of its clients. The platform reliability is underscored by its 24/7 customer support and industry-leading trading solutions, all aimed at building trust within the trading community.
Frequently Asked Questions
What is Kraken's new offering for Australian clients?
Kraken has launched a suite of crypto-based derivatives products specifically for Australian wholesale clients, allowing them to manage risk without direct asset holdings.
How can clients access these derivatives?
Clients can access the derivatives through Kraken's licensed broker, either by confirming eligibility on the Kraken Pro app or via Kraken's support resources.
What types of assets can clients trade on Kraken?
Kraken offers over 200 tradable assets and supports multiple currencies, including fiat currencies, stablecoins, and various cryptocurrencies.
How does Kraken ensure client funds are secure?
Kraken utilizes a robust custodial solution along with stringent security measures to protect client assets effectively.
What makes Kraken different from other crypto platforms?
With its extensive history dating back to 2011, Kraken prioritizes client trust, transparency, and innovation, all of which set it apart in the crypto trading landscape.
