Crypto exchange heavyweight Kraken has reportedly rolled out a mobile crypto trading application, in a bid to accelerate adoption rate throughout the sector in America. 

Specifically, the firm reportedly disclosed that its freshly available tool is rolled out for the majority of the US, together with different nations across the globe, for both iOS and Android users.

The app will reportedly facilitate the trading for over 50 digital coins, such as Bitcoin (BTC) and Ether (ETH), through smartphones. The initiative comes after a release of the Kraken mobile app was made available to EU-based customers back in January. 

“This consumer app is our first major foray into supporting wider consumer adoption in a much more simplified, easy-to-use interface”. Kraken chief product officer Jeremy Welch reportedly shared. 

The new roll out of the app reportedly took place during the time Kraken trading volumes experienced a six time increase year-to-date as of May, with Welch sharing the past 5 months was “unreal”, with a climb in new customers and record-breaking highs”. 

Released 8 years ago (2013), Kraken reportedly revealed that it has attracted 7 million customers up to now, earning it a place in the global giants in terms of crypto trading entities, being rivals to big names, nominally Binance, Huobi and Coinbase. 

The exchange reportedly secured the top 4 spot for largest cryptocurrency trading platform, volume-wise. 

Kraken’s new tool is reportedly not released US-wide yet, since the exchange is not facilitating tradings for individuals based in Washington and New York, because of “cost of maintaining regulatory compliance.”