Kraken Exchange has announced the upcoming listing of Binance Coin (BNB), set to go live on April 22.
Kraken Exchange has announced the upcoming listing of Binance Coin (BNB), set to go live on April 22. This marks a significant milestone, as Kraken has not previously offered trading for the fifth-largest crypto by market capitalization.
The decision to list BNB comes amid increased regulatory clarity for the asset in recent years, particularly in the United States. Deposits and withdrawals of BNB are now enabled on the platform ahead of the official listing.
Kraken will provide four trading pairs for BNB: BNB/USD, BNB/USDC, BNB/EUR, and BNB/USDT. The exchange has indicated that geographical restrictions may apply for certain users.
Since the start of 2025, the price of BNB has shown resilience, closely tracking Bitcoin's price movements. With a fully diluted valuation of approximately $86 billion and a 24-hour trading volume averaging $526 million, BNB demonstrates significant market activity.
The growth of BNB has been fueled by the expansion of the Binance exchange and heightened on-chain activity, which has resulted in the burning of over 60 million tokens, valued at more than $34 billion.
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