Terra (LUNA) price jumped more than 20% soon after trading becomes live on Kraken, a top United States-based cryptocurrency exchange.
$LUNA Trading is LIVE on Kraken! 🌕
— Kraken Exchange (@krakenfx) December 16, 2021
Kraken first announced the LUNA listing on Dec 15th, opening deposits. Trading became live on DEC 16th.
Deposits begin NOW! Trading is live December 16th ✨
— Kraken Exchange (@krakenfx) December 14, 2021
The Kraken exchange told its user via blog post that LUNA is available for trading against USD and EUR.
The exchange also made clear that the services available for LUNA include Kraken and Kraken Terminal, whereas Kraken Futures and Margin Trading is currently not available.
The exchange further mentioned it plans to list more assets in the coming few days, but the company’s policy is not to disclose any details until shortly before launch, not even which assets they are considering.
Terra is a protocol for algorithmic stablecoins that aims to rebuild legacy financial rails in a decentralized environment. It blends the price stability of fiat currencies with the censorship-resistance of cryptocurrencies to offer fast and affordable settlements.