Author

Topic: Kraken, do not use for trading during high-volume times (Read 450 times)

sr. member
Activity: 364
Merit: 252
Can confirm.

Problems already started 2 years ago. But it was very rare and only non-stop traders noticed it.
But with every new coin added and every new customer the problems got worse and where never fixed.
New trade engine and new API was already promised a year ago. None of the bugs, that only happend rarely before, were fixed. Now they happen every day and people are loosing money.

Don't get me wrong, I still like Kraken and will use them whenever possible. But at the moment there are not many moments were it is usable.

That's terrible.  Why do you still like it given the unreliability?  The fee structure?

It even takes forever to fund an account.  Weeks.
member
Activity: 70
Merit: 10
Kraken' s system goes totally unresponsive in high volume times like now. I haven't been able to fill order for over 30 mins.

Just saying. The system can't be used for daily trading.

it usually happen rarely . When many people withdraw same time or some issue in scripts do just wait !!

Enjoy !!!
hero member
Activity: 547
Merit: 500
May now be the peak of the transaction, lots of exchange had suspioused withdrawal
legendary
Activity: 2940
Merit: 1131
Can confirm.

Problems already started 2 years ago. But it was very rare and only non-stop traders noticed it.
But with every new coin added and every new customer the problems got worse and where never fixed.
New trade engine and new API was already promised a year ago. None of the bugs, that only happend rarely before, were fixed. Now they happen every day and people are loosing money.

Don't get me wrong, I still like Kraken and will use them whenever possible. But at the moment there are not many moments were it is usable.
newbie
Activity: 51
Merit: 0
Kraken' s system goes totally unresponsive in high volume times like now. I haven't been able to fill order for over 30 mins.

Just saying. The system can't be used for daily trading.
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