Post
Topic
Board Exchanges
Re: [ANN] KRAKEN.COM - Exchange Now Open with Live Trading EUR, BTC, LTC
by
RationalSpeculator
on 09/09/2013, 12:19:03 UTC
i think there are compelling reasons to have a strong EUR market. bitstamp seems to be stuck on dollars, because of liquidity concerns. but this creates unwanted fees for converting between dollar/euro with their bank.

this is a gap that kraken could fill.

Congrats Kraken! Smiley Love your name.

I am very surprised to see only EUR and not USD, what's the reason for this? (I understand you don't offer for legal reasons in US, but is not trading in USD also for legal reasons?)

On the other hand, I think it's a good idea to trade in EUR, indeed there is no successful EUR market. And bitstamp does cost money in constant USD/EUR conversion for all the Eurozone inhabitants. BTC24 proved that a EUR market can flourish.