News View Non-AMP

Kraken Exchange to List Binance Coin $BNB on April 22 With Four Trading Pairs

Published by
Steve Muchoki

In a surprising move to crypto traders, Kraken Exchange had not listed Binance Coin (BNB) until now. Earlier on Thursday, Kraken Exchange announced that deposits and withdrawals of BNB are enabled ahead of the April 22 listing.

Kraken Exchange will list BNB against the U.S. dollars, the EUR, USDC, and USDT. However, Kraken Exchange announced that geographical restrictions will be imposed where applicable.

The announcement attracted different reactions from the crypto community. While some were surprised that Kraken had not listed the fifth-largest crypto asset by market cap, Binance co-founder Changpeng Zhao said that ‘BNB is a memecoin’.

Top Reasons Why Kraken Listed BNB?

The listing of BNB at Kraken Exchange was strategic after years of existence. On the top list, BNB has gained significant regulatory clarity in the past few years, led by the United States. Under the Donald Trump administration, Kraken Exchange has also expanded its services offering to compete with other similar firms.

The adoption of BNB has grown significantly in the past few years, bolstered by the Binance exchange. Moreover, the rising on-chain activity for the BNB chain has helped burn over 60 million tokens worth over $34 billion. 

Midterm Expectations

Since the beginning of 2025, the BNB price has closely followed Bitcoin price action. The large-cap altcoin, with a fully diluted valuation of about $86 billion and a 24-hour average trading volume of about $526 million, has shown significant market resilience amid the ongoing global trade war.

In the daily timeframe, BNB price has been forming a potential reversal pattern since the second inauguration of Trump. Notably, BNB price has established a robust support level above $520, coupled with a bullish divergence of the Relative Strength Index (RSI).

Steve Muchoki

Recent Posts

Solana Targets $200 as TRON Prepares to Flip December’s ATH; Could Unilabs’ AI Launchpad Reshape DeFi?

With Bitcoin (BTC) ranging between $105,000 and $110,000, attention is gradually shifting to altcoins, causing…

May 30, 2025

Solana (SOL) Price Heading to the Crucial Range—Will it Drop to $150 or Rebound to $180?

The crypto markets are consolidating ahead of the $5 billion liquidity entering the space, as…

May 30, 2025

Top Cryptocurrencies Poised for Explosive Growth in 2025: Ripple, Ethereum, and Unilabs

Per reports from crypto commentators, the Ripple price might be soaring to $5 in the…

May 30, 2025

Michaël van de Poppe: “Why Are People Calling for a Bear Market?” – Top 5 Altcoin Breakout Picks

Despite widespread fears of a market downturn, Michaël van de Poppe offers a different perspective.…

May 30, 2025

2 Unstoppable Cryptos That Will Be More Valuable Than Shiba Inu (SHIB) 1 Year From Now

Shiba Inu may still command attention, but not every meme coin is built to lead…

May 30, 2025

Kaanch Network’s $1.48M Presale Is Almost Gone: Don’t Miss the Best Crypto to Buy Before ETF Approvals Ignite a 5000% Rally

Kaanch Network’s presale is rapidly approaching full subscription, presenting a critical opportunity for investors before…

May 30, 2025