original via Kraken.com

San Francisco-based crypto exchange Kraken announced on Tuesday that it plans to list Algorand (ALGO), a permissionless proof-of-stake blockchain project led by Turing Award winner Silvio Micali that launched in June.

According to the announcement, Kraken will enable deposits and withdrawals for ALGO at 9:30 am (EST) on January 22. Trading for USD, EUR, BTC and ETH pairs will begin once ALGO deposits have cleared, which should be around 45 seconds after deposits are enabled, with a minimum initial trade amount of 50 ALGO.

ALGO is now available on several major U.S. crypto exchanges, including Binance’s partner exchange, Binance.US, which listed ALGO in October and Coinbase, which added the altcoin in September.

This news comes several weeks after Kraken added dark mode and other custom themes to its iOS and Android apps, allowing traders to easily toggle between different color schemes.

More: Algorand (ALGO) Trading is Coming to Kraken on January 22
Recent: Kraken’s Leverage-Enabled Mobile App Now Has Dark Mode

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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