ICON: ICX is Now Listed on Kraken Crypto-Exchange

On September 12th 2019, ICON Foundation reported that their ICON Networks’ native token, ICX, will be listed on the US leading Cryptocurrency exchange, Kraken. Users will, for the first time, be able to trade ICX with US dollar and Euro from September 12th.

Icon has now become the first-ever South Korean Cryptocurrency to be listed by a crypto exchange based in the United States. ICX trading pairs are ICX/USD, ICX/ETH, ICX/EUR, and ICX/XBT.

The ICON Project has been receiving strong support from the western region with an estimated 22 percent of its pre-registered candidates residing in the US.

ICON hopes to accelerate the growth of their ecosystem through a partnership with Kraken and promote the expansion of ICON community in the US market.

ICON’s Rapid Evolution into a Global Project

Min Kim, ICON’s Foundation Council Member, said that they are proud to lead the way as the first US-exchange-listed South Korean Project. He added: 

“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.”

ICON Blockchain’s Project goal is to become an interoperable blockchain that can accommodate multiple industries and types of business on the same network.

ICX native token is ICON Network’s fuel and will be used as a medium for value transfer and transactions. Decentralized Apps (DApps), built on ICON’s main network, will also have access to ICX.

ICON Foundation oversees the development and promotion of ICON protocol. Last month, ICON initiated ICONSENSUS, a 30 days P-Rep pre-voting period event for ICX to run in between August 26th to September 24th. 

ICON Foundation is using the P-Rep Pre-Voting exercise to find out how candidates will vote and how close they are to achieving a decentralized network.

Kraken Cryptocurrency Exchange 

Founded in 2011, Kraken Digital Asset Exchange is one of the oldest and largest Bitcoin exchanges. Kraken lists the most extensive selection of crypto and national currencies. Kraken offers security, transparency, and accountability of digital transactions.