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Kraken lists OmiseGo and PAX Gold

  • Depositing, withdrawing and trading with these assets began on October 29th.
  • Kraken will provide trading pairs for OMG and PAXG with Bitcoin, Ether, euro and USD.

Kraken, the San Francisco-based crypto exchange giants, announced that they’ll be listing OmiseGO (OMG) and PAX Gold (PAXG) tokens. Depositing, withdrawing and trading with these assets began on October 29th. Kraken will provide trading pairs for OMG and PAXG with Bitcoin, Ether and fiat currencies like euro and USD.

OmiseGo is an Ethereum based finance-oriented network which uses the OMG token. They are currently working on implementing the plasma protocol. PAXG is another ERC-20 token whose value is tied tot hat of physical gold. Each PAXG token is backed by one fine troy ounce of London Good Delivery gold.

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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