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Kraken Announces Instant Euro Funding For Clients In Select Regions

Emily Mason

Summary: Crypto exchange Kraken announced instant Euro funding for clients who live in the company's single Euro payments area (SEPA), according to a recent announcement. The announcement highlighted that fast and efficient asset transfers are cruicial in the crypto industry. To use SEPA Instant Credit Transfer (SCT), customers' banks must support the feature, customers' verified country ...

Crypto exchange Kraken announced instant Euro funding for clients who live in the company's single Euro payments area (SEPA), according to a recent announcement.

The announcement highlighted that fast and efficient asset transfers are cruicial in the crypto industry. To use SEPA Instant Credit Transfer (SCT), customers' banks must support the feature, customers' verified country of residence must be in the SEPA zone and customers' must hold an intermediate or pro Kraken account.

SCT is enabled by payments company ClearJunction which has acted as a Kraken funding provider over the years.

By Emily Mason

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Link: Kraken Announces Instant Euro Funding For Clients In Select Regions   [Copy]
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