This is the 21st century and everyone is making money via digital platforms, and talking about financial status we can say that cryptocurrency is making its impact on every sector. The young generation is making more money with the help of digital platforms like Krákeń, Coinbase, and many more crypto platforms. But what makes Krãkeñ Logiñ different is its exclusive features for the users. It is considered the world’s largest digital asset exchange that grants Euro transactions in large volume and liquidity.
In this section, we will be discussing the perks of having a Krãkeñ Logiñ account, and why should people trade and invest in cryptocurrency via Krákeń accounts only.
Krákeń is a cryptocurrency exchange established in 2011 and headquartered in California. The Krãkeñ Logiñ hosts trading for a variety of crypto assets, including pairings with multiple different fiat currencies. Krákeń Bitcoin trading occurs under the ticker XBT.
Krákeń offers a number of features, including margin trading for certain assets, with 5x as the leverage limit. Krákeń also offers to stake along with over-the-counter trading. OTC trading eligibility is based on certain parameters.
Among the Krãkeñ Logiñ crypto offerings is a futures trading platform, Krákeń Futures, which allows maximum leverage of 50x — although customers located in certain regions, such as Krákeń U.S. customers and those in Japan, cannot use the platform.
Krákeń Australia managing director Jonathon Miller told Cointelegraph that the crypto marketplace supports projects with a clear demand for trading, including SHIB.
At the time of publishing, SHIB is the 12th-largest cryptocurrency with a market capitalization of $25.81 billion. SHIP has surged over 20% in the last 24 hours on the listing news.
Miller added, “I wouldn’t describe Krákeń as being the place where every single coin is listed, that’s not been what we have been known for.”
Krákeń is one of the least conservative exchanges with 93 assets on the exchange in total. Meanwhile, Coinbase supports 51 assets, and Robinhood only supports seven. Other exchanges have been hesitant to list the Dogecoin-inspired altcoin over regulatory concerns, despite increasing pressure from their users. On Friday, SHIB surpassed 1 million holders despite trading 50% below its all-time high.
On Nov. 10, Robinhood chief operating officer Christine Brown said that the platform’s “strategy is different than a lot of the other players out there who are racing to list as many assets as possible right now.” The Change.org petition requesting that Robinhood list the Shiba Inu coin has amassed over half a million signatures Krãkeñ Logiñ.
Miller added, “There are certain services that we have that don’t really fit the regulatory mold. So there’s this gray area that the whole industry exists in, and that’s not specific to us.”