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Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 198. (Read 628889 times)

legendary
Activity: 2940
Merit: 1131
going back to API specification sharing to community... if incorporating feedback it may turn into new standard of API infrastructure for cryptocurrency exchanges developed by kraken with the community. You have one of the bests api anyway, but I believe someday you will introduce new version so you may consider it.
1) the "available balance" is still missing in their API Wink
2) And you get no information about the rest amount, when you cancel an order.  (i need the rest amount in the response, when canceling an order).

But with these two things, it would be perfect from my point of view Wink
full member
Activity: 175
Merit: 100
going back to API specification sharing to community... if incorporating feedback it may turn into new standard of API infrastructure for cryptocurrency exchanges developed by kraken with the community. You have one of the bests api anyway, but I believe someday you will introduce new version so you may consider it.
newbie
Activity: 9
Merit: 0
$key = '********************************************';
$secret = 'YOUR API SECRET';

i have key how to get API SECRET KEY HELP

It should be visible right below API Key: Go to Settings->API and select your key. It will say 'Private Key' and be labeled 'Private key used to sign API messages.' That is your secret key. Do NOT share this with anyone!

Thanks for reply
newbie
Activity: 2
Merit: 0

This doesn't sound right, so we should take a closer look at the order(s) in question. Can you make a support request (https://support.kraken.com/hc/requests/new) and include the numbers of the order(s) that seemed to be skipped? The order numbers can be found in the left column under Trade > Orders in your account (only the first 6 digits of the order number are shown and you have to click to get the full number).
  

Ok, will do  Cheesy

edit:
Looks like the order finally completed at some point....good job I noticed before filling out support request  Grin


Yes, market orders match instantly against opposing orders on the book. There's no such thing as "the" market value. The average price you pay depends on your order size and on what orders are on the book to fill it. For example, suppose you sell 2 BTC at market and the highest buy order on the book is 1 BTC for 211 and the next highest buy order is 2 BTC for 210. Then your 2 BTC market order will get 1/2 filled by the order at 211 and the rest will get filled at 210. Then your average fill price on the sell order will be 210.5. In this case if you go to look at your trade history, you will actually see two trades (one at 211 and one at 210), since it took two trades with two different orders on the other side to fill your order.

Thanks also for the explanation.
hero member
Activity: 910
Merit: 1000
$key = '********************************************';
$secret = 'YOUR API SECRET';

i have key how to get API SECRET KEY HELP

It should be visible right below API Key: Go to Settings->API and select your key. It will say 'Private Key' and be labeled 'Private key used to sign API messages.' That is your secret key. Do NOT share this with anyone!
newbie
Activity: 9
Merit: 0
$key = '********************************************';
$secret = 'YOUR API SECRET';

i have key how to get API SECRET KEY HELP
hero member
Activity: 910
Merit: 1000

The other day I started a trade to sell some btc at 'x' price each on a limit order.  Since then I have noticed on the recent trades there have been more btc bought than I was offering for more than I was asking.  So my question is why am I not selling?  Are orders sold as an exact amount (ie the whole btc I am selling is sold as one btc) or are orders split (ie the one btc I was selling could be sold half to two people)?  Do I have to wait for an order which wants the exact amount I am offering?
Or, is it the luck of the draw?


Your limit order trade doesn't need to matched completely by a single buyer, ie. two or more people could be the takers for your order. Also (I'm pretty sure that) orders get executed in the order they are placed - if someone puts an order some time before you and you put one at the same price, the other person's order will go through first. As for your trade not going through, that does seem weird - I've never experienced that - but the only reason I can think of is that there was a 'hidden order' that was eaten (hidden orders are a feature that Kraken offers).
legendary
Activity: 1820
Merit: 1000
Ok, kind of new with Kraken so I'd like to ask a question with regard to trading there.

Welcome!

Quote
The other day I started a trade to sell some btc at 'x' price each on a limit order.  Since then I have noticed on the recent trades there have been more btc bought than I was offering for more than I was asking.  So my question is why am I not selling?  Are orders sold as an exact amount (ie the whole btc I am selling is sold as one btc) or are orders split (ie the one btc I was selling could be sold half to two people)?  Do I have to wait for an order which wants the exact amount I am offering?
Or, is it the luck of the draw?

It does seem kind of funny that people would buy for more than I'm offering....

This doesn't sound right, so we should take a closer look at the order(s) in question. Can you make a support request (https://support.kraken.com/hc/requests/new) and include the numbers of the order(s) that seemed to be skipped? The order numbers can be found in the left column under Trade > Orders in your account (only the first 6 digits of the order number are shown and you have to click to get the full number).
 
Quote
My second question is if I sell the a market order, is it instant?  Also, how do I know what the market value is as it does not seem to tie up with the last, high, low or ave values displayed.

Thanks very much for your help.

Yes, market orders match instantly against opposing orders on the book. There's no such thing as "the" market value. The average price you pay depends on your order size and on what orders are on the book to fill it. For example, suppose you sell 2 BTC at market and the highest buy order on the book is 1 BTC for 211 and the next highest buy order is 2 BTC for 210. Then your 2 BTC market order will get 1/2 filled by the order at 211 and the rest will get filled at 210. Then your average fill price on the sell order will be 210.5. In this case if you go to look at your trade history, you will actually see two trades (one at 211 and one at 210), since it took two trades with two different orders on the other side to fill your order.
legendary
Activity: 1820
Merit: 1000
One more suggestion,
You could rethink your Kraken credit FEE (PFEE) feature.
It complicates any model which want to tightly fit into the market environment.
I would prefer to have 0.05% discount on each trade permanently, or even get nothing but funds paid out as FEE could utilized internally in kraken for investments into people/techs/support. This feature is not model-friendly.

Thanks for the suggestion - KFEE aren't intended as a permanent discount, but I understand that this makes it hard to incorporate the discount into your trading model. You can still run your model assuming the normal trade fees and get a little bit of extra savings since your trade fees are paid for with the KFEE for a while. That's still a benefit.   
newbie
Activity: 2
Merit: 0
Ok, kind of new with Kraken so I'd like to ask a question with regard to trading there.

The other day I started a trade to sell some btc at 'x' price each on a limit order.  Since then I have noticed on the recent trades there have been more btc bought than I was offering for more than I was asking.  So my question is why am I not selling?  Are orders sold as an exact amount (ie the whole btc I am selling is sold as one btc) or are orders split (ie the one btc I was selling could be sold half to two people)?  Do I have to wait for an order which wants the exact amount I am offering?
Or, is it the luck of the draw?

It does seem kind of funny that people would buy for more than I'm offering....

My second question is if I sell the a market order, is it instant?  Also, how do I know what the market value is as it does not seem to tie up with the last, high, low or ave values displayed.

Thanks very much for your help.
full member
Activity: 175
Merit: 100
One more suggestion,
You could rethink your Kraken credit FEE (PFEE) feature.
It complicates any model which want to tightly fit into the market environment.
I would prefer to have 0.05% discount on each trade permanently, or even get nothing but funds paid out as FEE could utilized internally in kraken for investments into people/techs/support. This feature is not model-friendly.
legendary
Activity: 1820
Merit: 1000
why kraken not added margin trading pair btc/usd, i thin btc/usd better than competitif is compare btc/euro

Thanks for your question - we don't offer margin in btc/usd because the volume/liquidity on this pair is too low at the present time.
legendary
Activity: 1820
Merit: 1000
I still do not get how margin allowance is calculated. Currently, I have the following:

Trade Balance: 21
Equity: 20
Used Margin: 10
Free Margin: 10
Margin Level: 203%

Still, I cannot open new positions because "margin allowance exceeded". Shouldn't I be able to open positions until a margin level of at least 150%?

"Margin allowance" refers to your borrow limit, not your margin level. The borrow limits are shown here:

https://support.kraken.com/hc/en-us/articles/209238787-What-are-the-margin-borrow-limits-

Let me know if you don't seem to be able to borrow as much as you should.

The system won't let you open positions that would take your margin level to near or below 100%, but in that case the message should say that you have "insufficient funds" - i.e. you need to add funds to your account in order to open more positions.
hero member
Activity: 854
Merit: 503
Legendary trader
Hi Morecoin - thanks for the feedback. We do liquidation by your margin level. Under Trade > Overview, look at your "Trade Balances." There you will see your margin level. Automatic liquidation kicks in at a margin level of 40%. If you hit that level your positions will be liquidated, starting with the oldest positions first, until your margin level is at 100%. Also, 80% is the "margin call" level. At this level you will get an email letting you know that you are at 80% and that you should either close some positions or deposit funds to raise your margin level. It is possible to get forced liquidation at the margin call level, but it's not automatic and we'd only do it under unusual circumstances (really extreme market volatility would be one case where we'd consider it).

In case you haven't seen it, check out the section on margin and leverage in our trading guide:

https://support.kraken.com/hc/en-us/sections/200560633-Leverage-and-Margin

Okay, excellent!
full member
Activity: 132
Merit: 100
I still do not get how margin allowance is calculated. Currently, I have the following:

Trade Balance: 21
Equity: 20
Used Margin: 10
Free Margin: 10
Margin Level: 203%

Still, I cannot open new positions because "margin allowance exceeded". Shouldn't I be able to open positions until a margin level of at least 150%?
legendary
Activity: 1316
Merit: 1003
Will you add support for this?
http://www.europeanpaymentscouncil.eu/index.cfm/sepa-direct-debit/the-sdd-mandate

Instant deposit from SEPA bank account.

Paypal supports it.

Thanks for the info - we'll look into it.

PP supports it for verified customers in SOME countries, but what happens when there is no cash on that account or if it was hijacked?
full member
Activity: 140
Merit: 100
why kraken not added margin trading pair btc/usd, i thin btc/usd better than competitif is compare btc/euro
pair major bitcoin/USD is the best trading volume transaction
so if kraken added margin trading bitcoin/USD is fantastic
legendary
Activity: 1820
Merit: 1000
Hello, I'm new on your trading platform. I made the switch from bitfinex because I no longer have full trust in them.

So far I like the exchange. However, I'm not sure how to tell at what price level I will risk a margin call while trading on margin.
On bitfinex they literally display your Forced Liquidation price in your open orders, next to where your P/L ratios are shown.
I could not find this on Kraken yet. Where to look? My suggestion/feedback would be to display this information in the Open Positions screen.

It is nice to see that you people from Kraken are very responsive on here too. Smiley

Hi Morecoin - thanks for the feedback. We do liquidation by your margin level. Under Trade > Overview, look at your "Trade Balances." There you will see your margin level. Automatic liquidation kicks in at a margin level of 40%. If you hit that level your positions will be liquidated, starting with the oldest positions first, until your margin level is at 100%. Also, 80% is the "margin call" level. At this level you will get an email letting you know that you are at 80% and that you should either close some positions or deposit funds to raise your margin level. It is possible to get forced liquidation at the margin call level, but it's not automatic and we'd only do it under unusual circumstances (really extreme market volatility would be one case where we'd consider it).

In case you haven't seen it, check out the section on margin and leverage in our trading guide:

https://support.kraken.com/hc/en-us/sections/200560633-Leverage-and-Margin
hero member
Activity: 854
Merit: 503
Legendary trader
Hello, I'm new on your trading platform. I made the switch from bitfinex because I no longer have full trust in them.

So far I like the exchange. However, I'm not sure how to tell at what price level I will risk a margin call while trading on margin.
On bitfinex they literally display your Forced Liquidation price in your open orders, next to where your P/L ratios are shown.
I could not find this on Kraken yet. Where to look? My suggestion/feedback would be to display this information in the Open Positions screen.

It is nice to see that you people from Kraken are very responsive on here too. Smiley
legendary
Activity: 1820
Merit: 1000
Will you add support for this?
http://www.europeanpaymentscouncil.eu/index.cfm/sepa-direct-debit/the-sdd-mandate

Instant deposit from SEPA bank account.

Paypal supports it.

Thanks for the info - we'll look into it.
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