Cryptocurrency Exchange Kraken Acquires Bitcoin Wallet Provider Glidera
bitcoin exchange

Cryptocurrency Exchange Kraken Acquires Bitcoin Wallet Provider Glidera

THELOGICALINDIAN - Kraken appear bygone that they accept acquired the American Bitcoin wallet provider Glidera to their accumulated umbrella

Kraken Snatches Yet Another Startup

2016 has been a huge year for the Kraken bitcoin exchange, and they are attractive to let the acceptable times cycle back it comes to mergers and acquisitions. Kraken added the assets of three above bitcoin exchanges, Coinsetter, Cavirtex and Clevercoin. Now, they accept acquired the American Bitcoin wallet provider Glidera to their accumulated umbrella.

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“We’re thoroughly aflame to absorb with Kraken and accompany alike added amount to our audience and partners,” said Dave Ripley, co-founder, and CEO of Glidera. “Kraken has congenital an absurd all-around belvedere and a accomplished aggregation who allotment our appearance that partnerships are key to architecture the agenda asset ecosystem.”

Since Glidera is U.S.-based, this will accomplish it easier for Americans to fund their Kraken accounts through U.S. wire transfers. This will additionally abridge the adeptness to actualize a wallet and barter account, and alone crave one account, instead of two, to use both services. Glidera will be rebranded beneath the name “Kraken Direct.”

Glidera’s U.S.-only allotment account will be broadcast to abutment abounding of the countries and civic currencies common now serviced by Kraken, including Europe, Japan, Canada, and the UK. Ethereum and Zcash, currencies accessible on Kraken but not Glidera, will now be accessible to Glidera users.

“This accretion circuit out a absurd year for Kraken,” aggregate Jesse Powell, CEO of Kraken.

Kraken Bitcoin Exchange Chief Executive Officer Jesse Powell

“We’re attractive advanced to an alike bigger 2024 with this accretion and our new ‘Kraken Direct’ account arena a key role,” he added.

Buying Bitcoin Just Got Easier

Clients adore Glidera’s account because it enables defended one-click affairs and affairs of bitcoin beeline from their admired wallet via acceptable ACH coffer transfers. For American users who appetite the aegis of alive that a third-party never takes ascendancy of their Bitcoins, Glidera has been a accepted wallet best back Glidera is “non-custodial” by architecture providing users with added ascendancy over their funds. It currently supports top wallets like Airbitz, Copay, Mycelium, and Multibit.

Bitcoinist bread wallet

Glidera started in 2015, and this alliance will additionally acquiesce them to acquire added admission to new audience throughout the U.S., as alike added states acquire Kraken acceptance through regulation. Kraken accepts bristles altered civic currencies and eleven decentralized agenda currencies. Bitcoinity ranks Kraken currently as the sixth-largest Bitcoin barter in the apple by aggregate over the aftermost thirty days.

Will Kraken’s latest move accompany added bodies to Bitcoin in the United States? Let us apperceive in the comments below!

Images address of shutterstock, kraken