- ICX is now available for trade with the Euro and the US dollar for the first time.
- ICON Foundation believes that Kraken recognizes ICON to be rapidly evolving into a global project.
The native token of the ICON project, ICX, is now listed on one of the leading US-based cryptocurrency exchanges, Kraken. Trading pairs include - ICX/USD, ICX/EUR, ICX/XBT, and ICX/ETH. For the first time, ICX will be available for trade with the U.S. Dollar and the Euro.
Min Kim, ICON Foundation council member said:
“Many people know ICON as the top Korean blockchain project, and so, we are proud to lead the way by being the first Korean project to be listed on a U.S. based exchange. Moreover, we believe this is evidence that industry leaders like Kraken now recognize that ICON is rapidly evolving into a global project with a truly decentralized global community."
The ICON project has received significant support from the region. Around 22% of the pre-registered P-Rep candidates are based in the US. This listing is anticipated to maximize the growth of the ICON community and the ecosystem.
In August 2019, the ICON Foundation announced the Pre-voting period and 3 million ICX giveaway event. This was done to incentivize early voters to participate in ICON governance. ICX token holders can stake ICX to earn block rewards currently. The ICON network is soon having its first on-chain election called ICONSENSUS. 22 public representatives ('P-Reps') will be voted on by the community in the election.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.