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Crypto Exchange Firm Kraken Rolls Out Support Feature For the Swiss Franc

By Natalie Wu | December 7, 2019

Kraken – the major crypto exchange firm located in San Francisco – has reportedly introduced a new feature, primarily aims at facilitating its newest fiat asset – the Swiss franc (CHF).

Specifically, following the previous alliance forged between Kraken and Bank Frick from Liechtenstein, the firm will rolls out a new facilitating feature for the the Swiss franc, adding it the list of fiat currencies receiving supports from Kraken, including the United States dollar (USD), the Canadian dollar (CAD), the euro (EUR), the British pound sterling (GBP), and the Japanese yen (JPY).

The team at Kraken also notified that CHF trading will be available starting December 6, and that the Swiss franc-Bitcoin (BTC), and the Swiss franc-Ethereum trading pairs will be officially facilitated, and hinted at numerous more trading pairs in the upcoming future. 

Kraken – a world-renowned heavyweight in the crypto exchange business – recently revealed that it would partner with the Silvergate Exchange Network (SEN), in an attempt to support the US dollars withdraw-deposit process of its clients from Silvergate accounts, free-of-charge.

Previously, Kraken has publicly rolled out the Kraken Future trading app, based on mobile platforms, which was initially designed at the beginning of 2019, and was only usable on web browsers.

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