BCGAME - Free 5BTC Daily Bonus!- Kraken integrates Solana DEX tokens into the application.
- On-chain trading without an external wallet or seed phrases.
- Access to nearly 2.500 tokens on the Solana network.
Kraken announced the integration of token trading On-chain access directly within its main application, expanding user access to assets traded on decentralized exchanges within the Solana network. This new feature allows qualified customers in the United States and over 100 other countries to access nearly 2.500 tokens based on the Solana blockchain without needing to use additional applications.
With the update, users can buy, sell, and hold tokens on-chain using the same interface already employed for trading cryptocurrencies on the platform. The process eliminates steps that often represent a barrier for less experienced participants, such as creating external wallets, managing seed phrases, transferring assets between networks, and constantly switching between different applications.
According to the company, transactions can be carried out in US dollars or USDC. The acquired assets appear integrated into the client's existing portfolio, offering an experience closer to that found in centralized exchanges, even when trades are executed on decentralized infrastructure.
This initiative brings Kraken closer to the DeFi market, a segment that frequently focuses on the initial trading of new tokens before their eventual listing on major exchanges. In many cases, investors need to deal with more complex technical tools to access these assets soon after their launch.
The brokerage firm stated that the technology used combines Privy's embedded wallet infrastructure with Solana network DEX protocols. The entire operational process takes place behind the scenes, while the user interacts only with the Kraken app.
“It’s about access,” said Kamo Asatryan, Payward’s Chief Data Officer and Global Head of Consumer. “Buying, holding, and selling cryptocurrencies should be simple, even when the technology behind it is powerful.”
Solana was chosen as the first network compatible with the new feature due to its intense token launch activity and high trading volume in decentralized applications. Kraken stated that it intends to add support for other blockchains over time.
Despite the simplified experience, the company emphasized that on-chain trading remains self-custodial. This means that Kraken does not hold ownership of users' assets or private keys. The exchange also stressed that tokens available through DEXs do not undergo platform review or approval and that operations depend on third-party protocols, subject to market fluctuations, execution conditions, and potential losses during trading.
