Kraken has launched support for trading and funding in AUD six months after acquiring veteran Australian crypto exchange Bit Trade.
Major cryptocurrency exchange Kraken has announced support for Aussie dollar (AUD) trading pairs and account funding.
Australian dollars will be tradeable against Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Tether (USDT) on the platform.
AUD is the seventh fiat currency to be supported by Kraken, joining USD, CAD, EUR, JPY, GBP, and CHF.
Kraken clients based outside of the United States will also be able to trade AUD-based foreign exchange pairs against USD, EUR, and JPY.
Kraken launches AUD funding support
Kraken will launch AUD support on June 17, with Australian users able to deposit fiat onto the exchange through banks that support Osko/PayID payments.
The move follows the firm’s acquisition of Australia’s longest-running crypto exchange Bit Trade in January.