For ICONists, this listing is notable for many reasons.
Kraken currently offers trading pairs with USD, EUR, XBT and ETH. This will make it much easier for U.S. and European customers who want to purchase ICX directly with fiat currency, since they will no longer need to buy another cryptocurrency in order to get ICX.
What makes this listing even more meaningful is that Kraken is very selective when it comes to listing cryptocurrencies on their platform. They look thoroughly into use cases, leadership and existing liquidity of assets. The listing of ICX on Kraken proves they recognize the potential in the ICON Project.
In ICON’s official announcement, council member Min Kim said, “Many people know ICON as the top Korean blockchain project, and so, we are proud to lead the way by being the first Korean project to be listed on a U.S. based exchange.” 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.”
This listing can also be regarded as a stepping stone for future listings on other prominent crypto exchanges, such as Coinbase or even Binance US. For further exchange alternatives for US ICONists, here is the list of current ICX exchange options.