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Kraken, one of the largest cryptocurrency exchange in the world have announced that they would add TRX to their Futures Contracts starting next week.

As mentioned on their website and to explain what is Futures Contract:

Futures are derivative contracts that represent an agreement to transact the underlying asset at a date and time in the future. With futures, a trader can gain exposure to an asset’s price movements without the need to own it.

TRX is one of the three tokens to be added to the Kraken Futures next week.

What is Kraken?

Kraken is the 4th largest cryptocurrency exchange in the world and the digital exchange platform was established in 2011. They are one of the pioneers when it comes to Bitcoin exchanges and currently supports over 100+ cryptocurrencies, including popular ones such as:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Litecoin (LTC)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Ripple (XRP)
  • Stellar Lumens (XLM)
  • Solana (SOL)
  • Sushi (SUSHI)
  • TRON (TRX)
  • Uniswap (UNI)

Kraken offers multiple financial services such as digital currency trading and staking, margin trading, indices, and futures trading. They are one of the crypto exchanges there that allow its users to fund their accounts with fiat currencies such as USD, EUR, CAD, JPY, GBP, CHF, and AUD.

It is one of the most secure exchanges out there, given its comprehensive range of safety measures, self-regulated approach, and security audits.

What is TRON?

TRON is a blockchain-based decentralized platform founded by the former TRON CEO, Justin Sun in 2017 and it aims to create a free, global digital content entertainment system with distributed storage technology and allows easy and cost-effective sharing of digital content.

It has a native cryptocurrency called Tronix or TRX and the company is dedicated to building the infrastructure for a truly decentralized Internet and they have added blockchain support to different fields such as DeFi, NFT, and GameFi.

Do you expect more digital trading platforms to add TRX to their futures trading? Let us know in the comments section below.

For more news and updates, see Tron Spark.


Jino Tokieda

Meet Jino Tokieda, a skateboarder for over two decades and a proud father of two. Jino is a unique individual, as he is a Japanese Filipino, and brings a unique perspective to his writing. With over 21 years of experience in the skateboarding world, Jino has a wealth of knowledge and experience to share with others. In addition to his skateboarding career, Jino has also worked as an account executive for a global photography company, giving him a diverse background and a unique perspective on the world. Since 2020, Jino has been writing articles for Tron Spark and has been involved with the TRON crypto community for a few years. With his vast knowledge and experience, Jino is sure to provide valuable insights and information to his readers.

Kraken: TRX Added to Futures Contracts Next Week