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Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 341. (Read 628889 times)

legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Suddenly trade volume is up from avg of say 5 btc to 50 btc past 24h, while nothing remarkably is added to the order book. Looks like someone trying to boost the volume in a fake way?

I didn't have that close a look, but if market orders are used, they will not show in the order book.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Suddenly trade volume is up from avg of say 5 btc to 50 btc past 24h, while nothing remarkably is added to the order book. Looks like someone trying to boost the volume in a fake way?
legendary
Activity: 1442
Merit: 1000
Antifragile
Does anyone know when the partnership with the German Fidor bank is complete? For those of us in Europe it should allow for quicker SEPA transfers (I would imagine).

IAS
member
Activity: 118
Merit: 10
Nobody accepts bitcoin on the moon.
I made my first trade of EUR-->XBT on Kraken today.  Really good experience.

I live in Europe and verification up to Tier 3 was easy and quick.  Deposited Euro by SEPA which took 2 days.  Made the trade by hitting an ask that was reasonable (about 5% below Gox), and painlessly transferred the coins out.  I'll be doing more trading here.  Hope others do the same to increase liquidity!
sr. member
Activity: 294
Merit: 250
You guys need to persuade some investor to put down a large buy order. I'm pretty sure sellers will flock to meet the demand. And/or try the vice versa. Smiley

You need something like this to get the party started. Put down some of your money even as alternative to jumpstart things a bit and generate some volume.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
I have open buy orders on EUR book but when the Silk Road crash happened the price didn't move down as much so they did not get filled as much as I would have liked.

So come on btc sellers put up some coins there. If price moves down you will likely be able to sell for a better price than on bitstamp.

I think we really need another exchange just for counterparty risk. Having all your fiat/coins in bitstamp orderbook is unsafe. BTC24 comes to mind.  
hero member
Activity: 905
Merit: 1001
wish you good luck at money2020 and hopefully you can convince alot of people with smart money that buying BTC is a great chance  Cool
vip
Activity: 302
Merit: 253
Stop by our booth at Money2020!

legendary
Activity: 1820
Merit: 1000
We've added Ven to the digital currencies you can trade on Kraken. The code for Ven is 'XVN'. Here's a press release about it:

http://www.hubculture.com/groups/237/news/654/
legendary
Activity: 1820
Merit: 1000
Hi everyone, welcome back after the great bitcointalk hack of 2013! I hope you've all changed your bitcointalk password and recovery secret.  Smiley

If any of you are attending the Money 2020 conference in Las Vegas, we'll have a booth set up, so please look us up and say hello.
hero member
Activity: 905
Merit: 1001
thanks kraken!
i confirm that i got a SEPA withdrawal of EUR yesterday on my bank account!
legendary
Activity: 1820
Merit: 1000
Its a shame seeing another great exchange like kraken.com
getting closed down.

I really thought it would be a relly nice platform.
But 0,02 BTC total volume in 24 h...

The only negative : - Its based in the USA...


We're not closing down but if you want to help, put some orders up!


I cant cause  my Tier 1 doesnt get fully verified
its always on Pre-Verified

from GERmany

We don't yet offer our services in Germany, but will soon when we get regulatory clearance. "Pre-Verified" means you've completed the requirements for the verification tier, but we can't yet offer you the services at the tier for regulatory reasons.

Germany is bitcoin friendly, which is great. But unfortunately Germany has some special regulations governing exchange that are slowing us down at the moment. But we're committed to operating in Germany, so it's just a matter of time. 
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
I hear ya Loozik - nobody is suggesting that people switch exchanges even if they can't personally justify it. I've just had the impression that quite a few people want to get started on our exchange but are unsure how to when there's so little volume. And I'm pointing out that the way to get started is with limit orders. The low volume is a problem for sure, but it's a problem that won't get solved unless more people step up and start placing orders.

Yes, I know.

We recognize the importance of integrating with a charting/trading platform and it's on our to do list. It's been a back-burner item for a while, so I'll have to talk to the devs and see when we might be able to escalate the priority. As you say above Metatrader is very expensive, so we probably would go with something cheaper to begin with - suggestions are always welcome.

Consider these two charting & trading front-ends:

http://www.multicharts.com/   YT video of how it works: http://www.youtube.com/watch?v=Zu_AjBpbjNI (short one) http://www.youtube.com/watch?v=bJmwPEFoVlg (long one)

http://www.ninjatrader.com/   YT video of how it works: http://www.youtube.com/watch?v=oXfD9Ep0WoI (short one) http://www.youtube.com/watch?v=jLBa73Q6v3s (long one)

These front-ends are used by thousands of individual traders, by money managers and hedge funds. Just send e-mails to developers of these softwares and see if they are interested. By integrating with one of these you will get access to many traders.
full member
Activity: 185
Merit: 100
Its a shame seeing another great exchange like kraken.com
getting closed down.

I really thought it would be a relly nice platform.
But 0,02 BTC total volume in 24 h...

The only negative : - Its based in the USA...


We're not closing down but if you want to help, put some orders up!


I cant cause  my Tier 1 doesnt get fully verified
its always on Pre-Verified

from GERmany
legendary
Activity: 1820
Merit: 1000
But this doesn't mean that you can't do anything now.

1. All of us already have an account in an exchange. Many of us have accounts at more than one exchange.

2. Opening another account is a masochism unless benefits of having a third account offset the pain of doing the paperwork again (like scanning the recent utility bill, etc).

3. Having your data feed and trading gateway integrated with a decent charting & trading front-end would (in my case) help me doing something... I hope I am not alone in this.

I hear ya Loozik - nobody is suggesting that people switch exchanges even if they can't personally justify it. I've just had the impression that quite a few people want to get started on our exchange but are unsure how to when there's so little volume. And I'm pointing out that the way to get started is with limit orders. The low volume is a problem for sure, but it's a problem that won't get solved unless more people step up and start placing orders.

We recognize the importance of integrating with a charting/trading platform and it's on our to do list. It's been a back-burner item for a while, so I'll have to talk to the devs and see when we might be able to escalate the priority. As you say above Metatrader is very expensive, so we probably would go with something cheaper to begin with - suggestions are always welcome.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
I think they've already put your metatrader suggestion on the todo list? https://bitcointalksearch.org/topic/m.2384456

Metatrader is free for end users but very expensive for an exchange / broker (a few hundreds thousand dollars in integration works and license). Surely Kraken can afford it, but at the beginning of their business they might want to try cheaper and better alternatives.

Good to see a more modern looking trading platform for bitcoin show up. With crypto-currencies being so new, its ironic its taken so long.

I am too surprised the level of sophistication in crypto realm is so stone age when it comes to exchanges.
newbie
Activity: 41
Merit: 0
Good to see a more modern looking trading platform for bitcoin show up. With crypto-currencies being so new, its ironic its taken so long. I see a bright future here.
sr. member
Activity: 246
Merit: 250
But this doesn't mean that you can't do anything now.

1. All of us already have an account in an exchange. Many of us have accounts at more than one exchange.

2. Opening another account is a masochism unless benefits of having a third account offset the pain of doing the paperwork again (like scanning the recent utility bill, etc).

3. Having your data feed and trading gateway integrated with a decent charting & trading front-end would (in my case) help me doing something... I hope I am not alone in this.

I think they've already put your metatrader suggestion on the todo list? https://bitcointalksearch.org/topic/m.2384456
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
But this doesn't mean that you can't do anything now.

1. All of us already have an account in an exchange. Many of us have accounts at more than one exchange.

2. Opening another account is a masochism unless benefits of having a third account offset the pain of doing the paperwork again (like scanning the recent utility bill, etc).

3. Having your data feed and trading gateway integrated with a decent charting & trading front-end would (in my case) help me doing something... I hope I am not alone in this.
legendary
Activity: 1820
Merit: 1000
Thanks for the support and discussion everyone. As people are saying, it's going to take some time for our market to build up. But this doesn't mean that you can't do anything now. What you can do now is pick some prices you'd like to buy or sell at and put in limit orders. Limit orders may take longer to fill in a low volume market, but they will still fill the same way - i.e. they will only execute at the price you specify (or better). By placing limit orders, you're adding to the order book and helping to build the foundation of the market. If you place a limit order, this will encourage others to place orders ahead of yours, which will help press the bid/ask together and add to the volume.  
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