Thursday, August 28, 2025

Kraken Lists BitLayer (BTR) for Trading, Expanding Its Asset Offerings

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KEY TAKEAWAYS

  • Kraken has launched BitLayer (BTR) trading, expanding its asset offerings with a Bitcoin Layer 2 solution.
  • BitLayer utilizes BitVM rollups for EVM-compatible smart contracts, enhancing scalability and supporting BTCFi applications.
  • Trading via Kraken App and Instant Buy will be available once liquidity conditions are met, with geographic restrictions possibly applying.

Kraken has announced that BitLayer (BTR) is now available for trading on its platform. The trading went live on August 27, 2025, marking a significant addition to Kraken’s asset offerings.

To start trading BTR, users can navigate to the ‘Funding’ section of their Kraken account, select BTR, and proceed with the deposit. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks will be lost.

BitLayer (BTR) is a Bitcoin Layer 2 solution that utilizes BitVM rollups. This technology enables Ethereum Virtual Machine (EVM)-compatible smart contracts, enhances scalability, and supports BTCFi applications. The BTR token is integral to the platform, facilitating staking, transaction fees, and governance.

Kraken has noted that trading via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must be present in the market to ensure efficient order matching. Additionally, geographic restrictions may apply to BTR trading.

Kraken has a policy of not revealing details about future asset listings until shortly before their launch. However, all available tokens can be found on Kraken’s website, and future listings will be announced on their Listings Roadmap and social media profiles. More details about the BTR listing can be found here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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