Kraken Rolls Out Commission-Free Stocks and Crypto Trading in A Major Expansion

Crypto Exchange Kraken began to deploy exchanges without commission for more than 11,000 shares and ETF listed in the United States. The service is now available for users of New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and Columbia District, which can exchange actions and ETF directly in their Kraken account.

Transparent trading of actions, crypto and more

Kraken users can now manage actions, crypto, cash and stablescoins in one place via the Kraken mobile application, the Kraken Pro application or the web platform. In addition, the platform also supports fractional exchanges on many assets that allow users to buy a fraction of costly actions, instead of buying an entire part, which makes the investment easier and affordable for users.

Nate Geraci, the president of the ETF store, went to X to share the update with his supporters.

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Kraken launches the trading of shares via Kraken Securities

This decision marks a major step in traditional finance (tradfi) while Kraken extends beyond the crypto for the first time. It now allows customers to easily buy shares with American dollars. Kraken now allows users to reinvest instantly, exchange fractional actions and manage actions and crypto in one place.

This decision is fueled by its new regulated division, Kraken Securities LLC, which is a new division regulated by the finra of the company, which facilitates the switching between crypto and actions, all on a single platform.

“The crypto is not only evolving, it becomes the backbone for exchanges between asset classes, such as actions, basic products and currencies. As the demand for global access 24/7, customers want a trading experience all in one-in-one,” noted Arjun Sethi, noticed the Kraken Co-Croo.

Kraken to plan the global deployment soon

He also added that expansion in actions is a next natural step that leads them to transform active active people into a tokens on the blockchain. He believes that the future of trading will be “without border”, 24/7, and based on cryptographic technology, where Kraken aims to open the way.

By evolving further, Kraken also plans to extend the trading of traditional titles in the United Kingdom, Europe and Australia, while introducing new features to improve the user trading experience.

Kraken and Mastercard combine to make cryptography expenses easy

Recently, Kraken and Mastercard have joined forces to facilitate the EU spending crypto. Users can now pay with Bitcoin and other coins to more than 150 million places in locations supported by Mastercard. It is a big step towards the use of crypto for everyday purchases.