SAN FRANCISCO--(BUSINESS WIRE)--Kraken, a San Francisco-based Bitcoin exchange, is now accepting MtGox creditor claims and offering up to $1 million in free trade volume per creditor as a bonus for claiming funds through Kraken. The claim and payout service through Kraken is available in all areas of operation, including all US states.
Kraken was selected by the MtGox trustee in November 2014 after extensive and objective review to assist MtGox creditors in investigating missing Bitcoin, filing claims, and distributing remaining assets.
"Thanks to Kraken, filing of claims can be done through their system,” said the MtGox trustee. “We expect this to enable smooth filing of bankruptcy claims and distributions."
Creditors claiming funds with Kraken can expect the following benefits:
- 100,000 KFEE credits redeemable for up to $1 million in free trading volume at the lowest fee tier of 0.1%
- Creditor claim and payout support with live chat and email
- Option to receive funds in the form of bitcoin
- An easier and more convenient process from claim to payout
MtGox creditors should file their claim as soon as possible in two steps:
1. Create an account at https://www.kraken.com/.
2. Click the “MtGox Claim” tab in your account and follow the instructions.
“We see our involvement in this process as an opportunity to restore faith in the community by showing what we need more of in the Bitcoin space -- trusted leadership,” said Kraken CEO Jesse Powell. “We’re dedicated to delivering an exceptional experience. What is that? It’s fast execution and reliable service -- all done over a secure platform. Whether you’re a long-standing client or trying us for the first time, we’re committed to putting your best interests first. That’s our philosophy. It’s simple. Put people first.”
To learn more about the KFEE restrictions and use: https://support.kraken.com/hc/en-us/articles/204802628
About Kraken:
Founded in 2011, San Francisco-based Kraken (www.kraken.com) is the largest Bitcoin exchange in euro volume and liquidity and also trading US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. Kraken was the first Bitcoin exchange listed on Bloomberg terminals, the first to pass a cryptographically verifiable proof-of-reserves audit, and is a partner in the first cryptocurrency bank. Kraken is trusted by hundreds of thousands of traders, the Tokyo government’s court-appointed trustee, and Germany’s BaFin regulated Fidor Bank.
