June 17, 2024

Kraken adds support for OmiseGo and PAX Gold

Kraken adds support for OmiseGo and PAX Gold

San Francisco-based popular crypto exchange Kraken has announced the addition of support for OmiseGO (OMG) assets andPAX Gold (PAXG).

It will be possible to make deposits from today(29th of October). The first trading deals will begin shortly after activation of deposits. OMG and PAXG trading pairs with Bitcoin (BTC) and Ethereum (ETH), as well as with fiat currencies, US dollars and euros, will be available on the exchange.

Kraken will launch trading with these currencies on the main platform on and Kraken Pro. However, margin trading and futures for new assets are not yet available.

OmiseGO – is a decentralized banking and exchange platform and issuer of the OMG token based on the Ethereum ERC-20 standard. 

PAX Gold (PAXG) – a stablecoin pegged to the real value of gold on the market. This serves as a reliable means of protection against high volatility.

Recall that in August of this year, BAT and WAVES tokens were also added to the exchange.