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Home Crypto News Market Terra (LUNA) Price Rose More Than 20% After Kraken Listing

Terra (LUNA) Price Rose More Than 20% After Kraken Listing

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Terra (LUNA) price jumped more than 20% soon after trading becomes live on Kraken, a top United States-based cryptocurrency exchange.

Kraken first announced the LUNA listing on Dec 15th, opening deposits. Trading became live on DEC 16th.


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.

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.


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