Price Update: BAT rose 12% in a Falling Market, Here’s Why –

These Tokens Surging Higher Following Kraken Exchange Listing Announcement

Price Update: BAT rose 12% in a Falling Market, Here’s Why –

The crypto market was down on August 22 with major coins including Bitcoin, Ethereum and XRP in the red. However, BAT was up nearly 15% despite such bearish conditions.

BAT and Waves Receive Trading Support From Kraken

Kraken Crypto Exchange announced the listing of Basic Attention Token (BAT) and Waves (WAVES) on its trading platform on August 22. Following the listing announcement, the market price of Basic Attention Token (BAT) token, as well as WAVES, responded positively.

The exchange, on August 21, announced that they will enable deposit, withdrawal and trading option for Basic Attention Token (BAT) and WAVES on August 22.

We will be enable trading at the same time as funding, Kraken said. Buy orders can be placed at this time. The first trade executions will take a bit longer because sell orders cannot be placed until deposits are credited.

Kraken said that the Basic Attention Token (BAT) trading will be available in trading pairs of BAT/USD, BAT/EUR, BAT/XBT, BAT/ETH and WAVES trading in the pairs of WAVES/USD, WAVES/EUR, WAVES/XBT, WAVES/ETH.

Basic Attention Token (BAT) is an Ethereum-based token that connects publishers and content producers. It is Brave Browser’s in-house token that works with the decentralized, open-source advertising platform as a reward for users for watching ads from advertisers.

As per the data by Coinmarketcap, Basic Attention Token (BAT) is currently ranked as the 30th largest cryptocurrency with a market cap of $255,624,710. At press time, Basic Attention Token (BAT) is trading at $0.19 against the US Dollar with an increase of 15.20 percent over the past 24 hours.

BAT-token
BAT token | Coinmarketcap

Another token, WAVES, was the latest to receive trading support from American crypto exchange, Kraken. WAVES is backed by WAVES platform which allows users to build their own custom tokens. WAVES stands at the 47th position on CoinMarketCap and it has a growth nearly 2% over the past 24 hours. It is trading at $1.23 against the US Dollar, and has a market capitalization of $122,728,980.

WAVES-Chart
WAVES Price | Coinmarketcap

Image source – Kraken

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These Tokens Surging Higher Following Kraken Exchange Listing Announcement
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These Tokens Surging Higher Following Kraken Exchange Listing Announcement
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Kraken Crypto Exchange announced the listing of Basic Attention Token (BAT) and Waves (WAVES) on its trading platform on August 22. Following the listing announcement, the market price of BAT token, as well as WAVES, responds positively.
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Author: Tabassum

Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com

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