To put Kraken's continuous incompetence in numbers:
And as warning to everyone considering to start trading on Kraken. These are typical numbers for trading on Kraken. Anyone feeling to present these error logs in other forums. Please do so. The more we spread the information the less customers get burned on this platform.
On 98 orders to be placed:
55 Eservice unavailables
0 Eservice: Busy
Total calls 98 + 55 + 0 = 153
Eservice unavailables: 55 /153*100%= 35.95%
Eservice Busy: 0 /153*100%= 0.00%
Unknowns: 74/153= 48.37% of total calls (unknowns need to be checked whether placed or not in open orders, therefore counted as error in API responses)
Total error rate = (55 + 0 + 74)/153*100% = 84.13%
Aka Service close to non-existing....
And still presenting the same old lie to potential new customers/clients:
Quote Kraken website (
https://www.kraken.com/en-us):
"The Best Bitcoin Exchange
The best bitcoin exchange is needed for serious and professional bitcoin traders. Bitcoin security must be impeccable. Banking relationships must be sound and reliable. The trading engine must be fast. Order types must be advanced. And profits must be able to be multiplied with Bitcoin margin trading so you can leverage long bitcoin positions or short bitcoin positions."
As Kraken has been doing for several months now,
continuously & intentionally misleading customers...Kraken...the place to burn your money (if its the cold time of the year for you, you can better put your money in the stove),
Going through Kraken false claims:
"The best bitcoin exchange is needed for serious and professional bitcoin traders." - Generally speaking very true, however not possible to be claim by Kraken, as this is surely not what you present to customers after having them lured in.
"Bitcoin security must be impeccable." - Also true. Cannot comment on your security though, but if it is the same level as your trading platform, then please help to all your clients.
"Banking relationships must be sound and reliable." - Having serious doubts on this claim of yours, especially seeing the posts in this thread.
"The trading engine must be fast." - Surely one thing you don not deliver is a fast trading engine. One of the biggest lies in this quote.
"And profits must be able to be multiplied with Bitcoin margin trading so you can leverage long bitcoin positions or short bitcoin positions." - Anyone who has a tiny bit of sanity left while still trading on your platform should avoid leverage. Short term trading impossible. The only thing possibly working on your site are long term positions, if one is lucky or persistent enough to get an order placed.