Cryptocurrency Q&A
Does Kraken still sell XMR?
Does Kraken still sell XMR?
Chiara
Sun Jun 16 2024
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7 answers
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Could you please clarify for me, does Kraken continue to offer XMR for purchase? I've been interested in acquiring some Monero coins recently and I've heard Kraken was a reliable platform for trading cryptocurrencies. However, I'm also aware that exchanges can change their offerings from time to time. Given this, I'm keen to know if Kraken maintains its support for XMR, as I'd like to proceed with my purchase through their platform if possible. Could you provide an update on Kraken's current position on selling XMR? I'd greatly appreciate any information you can share.
7 answers
Raffaele
Tue Jun 18 2024
Cryptocurrency exchanges are implementing strict measures regarding margin positions. By May 10, 2024, all margin positions must be closed manually. Failure to comply with this deadline will result in the automatic closure of such positions.
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Carlo
Tue Jun 18 2024
Effective May 10, 2024, trading and deposits of #XMR will be temporarily suspended. This decision is in line with the exchange's commitment to maintaining a secure and compliant trading environment.
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EnchantedSky
Tue Jun 18 2024
Withdrawals of XMR on Kraken will also be halted on June 10, 2024. This measure is necessary to ensure the smooth transition and protect the interests of all users.
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Chiara
Mon Jun 17 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services. These include spot trading, futures trading, and a secure wallet solution.
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Martino
Mon Jun 17 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies at market prices. This feature provides liquidity and convenience for traders looking to execute quick transactions.
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