Money Jesse Powell, founder and CEO of Kraken

Published on October 16th, 2013 | by Donald McIntyre

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Jesse Powell Talks About The Kraken Digital Currency Exchange – Money2020

Kraken is a foreign currency exchange that let’s individual traders and institutions in the US and abroad trade fiat currencies like the US Dollar and the Euro against digital currencies like Bitcoin, Litecoin, Ripple, and Ven.

Trading a “pair” means that you can trade Bitcoins (Symbol: XBT) for Dollars (Symbol: USD) and so on.

On Kraken you can currently trade 13 pairs:

XBT/USD (Bitcoins against Dollars)
XBT/EUR (Bitcoins against Euros)
XBT/XRP (Bitcoins against Ripples)
XBT/LTC (Bitcoins against Litecoins)
XBT/XVN (Bitcoins against Vens)
USD/XRP (Dollars against Ripples)
EUR/XRP (Euros against Ripples)
USD/XVN (Dollars against Vens)
EUR/XVN (Euros against Vens)
LTC/USD (Litecoins against Dollars)
LTC/EUR (Litecoins against Euros)
LTC/XRP (Litecoins against Ripples)
LTC/XVN (Litecoins against Vens)

In this video Jesse Powell, founder and CEO of Kraken, gives some details about the service:

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About the Author

Donald is an internet entrepreneur and founder of Naation.com. Previously he was a financial advisor at McIntyre S.A. and a stock broker at Morgan Stanley and UBS Securities.



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