Kraken one of the safest Bitcoin Exchanges around has just acquired Gildera

in #news8 years ago

Glidera is the award winning wallet funding service and based out of Chicago. With its one click buying and selling system of Bitcoin from the 10 most popular wallets in use, has made it the first non-custodial in the world.

Image Credit: Glidera

Decide which Bitcoin wallet is best for you. Choose any desktop, web, mobile, or hardware wallet is the motto of Glidera.

Image Credit: Kraken

Kraken has integrated another valuable company into its infrastructure. It has bin very busy with Mergers and Acquisitions (M&A) this year strategically building out its Eco-System of complementary services for a Global Player in the Bitcoin space.

Image Credit Kraken Blog

Kraken acquired the Canadian exchange Cavirtex earlier this year and continued with Clevercoin and Coinsetter. Kraken has become the one stop store for Margine trading in 11 different Altcoins and accommodates 5 different Currencies.

Bitcoin environment is looking ever more like Forex Trading Platforms and is becoming a way of life for more and more Day-traders.

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Entering a new market of non-custodial funding

Kraken is entering a new market of non-custodial funding with the newly closed Glidera deal. During trading of fiat-to-Bitcoin through ACH transfers or other forms of payments, Glidera does not control or hold user funds. Thus, all funding processes are facilitated without the presence of a mediator.

Most if not all, Bitcoin exchanges have strict regulations and money transmission policies to comply with. Therefore, non-custodial settlement of Bitcoin trades is more difficult than other Bitcoin service providers.
The Cointelegraph

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