Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 341. (Read 628584 times)

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.

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.

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.  

wish you good luck at money2020 and hopefully you can convince alot of people with smart money that buying BTC is a great chance 

Stop by our booth at Money2020!

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/

Hi everyone, welcome back after the great bitcointalk hack of 2013! I hope you've all changed your bitcointalk password and recovery secret. 

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.

thanks kraken!
i confirm that i got a SEPA withdrawal of EUR yesterday on my bank account!

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. 

Yes, I know.


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.

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

from GERmany

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.

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.


I am too surprised the level of sophistication in crypto realm is so stone age when it comes to exchanges.

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.

I think they've already put your metatrader suggestion on the todo list? https://bitcointalksearch.org/topic/m.2384456

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.

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.  

I think they just need time to let the order book naturally sync itself up to the rest of the market. The platform seems light years ahead of everything else on the market. They also offer leveraged shorts which is huge for price stability in the long run. It's quiet shocking that none of the larger exchanges offer leveraged shorts. I know bitfinex does but the rates that are being charge are absurd.

They have just started! Give them time to first start crawling, then walking and then running!


But it is a nice platform! No other exchange gives you ability to have so many order types. Kraken to some extend fuses both the role of an exchange and the role of a broker (with these order types). This is the best platform on the market right now (if it can perform as promised).


1. I too consider the US jurisdiction a negative. People doing business as USA are dangerous lunatics at large.

2. For the same purpose I consider EU jurisdiction (Bitstamp) almost equally unsafe. I live in the so called EU and I will rather open account at BTC-e, Russia than in Bitstamp, the so called EU.

3. Why one exchange thrives under unfavourable (EU) conditions and the other under similarly unfavourable (USA) conditions does not? Just a few ideas:
- Kraken is still in its infancy - it needs time,
- Kraken is busy doing time and cost consuming legal equilibria (reading and understanding phone book-sized legal gibberish is distracting from creative tasks) and can't devote resources to deal with core business,
- the general market is already saturated with exchanges and no other similar ones are needed (Kraken's launch was too late or /and its offer is no much different from what competitors have already been offering),
- Kraken failed to differentiate themselves from other exchanges (having better order types and lower fees might just not be enough to differentiate) or failed to communicate the differentiation.
- the target clients were badly defined (Kraken needs to find a yet unexplored niche within the market and develop from this niche into a general market).

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

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...