Author

Topic: New forex exchange: Kraken, currently accepts EUR and LTC (Read 1321 times)

legendary
Activity: 1820
Merit: 1000
whats really weird is that they to EUR/LTC and BTC/LTC trading. ALL other exchanges do it the other way (LTC/EUR, LTC/BTC). people have to recalculate the values on their own to see if the prices are cheap or expensive compared to other exchanges for LTC

i am currently programming to fetch data from kraken on show them on www.cryptocoincharts.info -> with recalculation to widely spread pairs Wink

+1

It is annoying having to calculate this. Hope they fix it.

We switched to LTC/EUR, but are staying with BTC/LTC (since LTC/BTC could potentially get very low in price and we want to avoid having too many decimal places).

https://bitcointalksearch.org/topic/m.3148002
hero member
Activity: 1276
Merit: 622
whats really weird is that they to EUR/LTC and BTC/LTC trading. ALL other exchanges do it the other way (LTC/EUR, LTC/BTC). people have to recalculate the values on their own to see if the prices are cheap or expensive compared to other exchanges for LTC

i am currently programming to fetch data from kraken on show them on www.cryptocoincharts.info -> with recalculation to widely spread pairs Wink

+1

It is annoying having to calculate this. Hope they fix it.
hero member
Activity: 905
Merit: 1001
whats really weird is that they to EUR/LTC and BTC/LTC trading. ALL other exchanges do it the other way (LTC/EUR, LTC/BTC). people have to recalculate the values on their own to see if the prices are cheap or expensive compared to other exchanges for LTC

i am currently programming to fetch data from kraken on show them on www.cryptocoincharts.info -> with recalculation to widely spread pairs Wink
vip
Activity: 302
Merit: 253
But the name and location is not well chosen. It reminds me on "Datenkraken" ... ok, maybe I'm paranoid, we'll see.
You are Smiley! http://en.wikipedia.org/wiki/Kraken

Take this: https://de.wikipedia.org/wiki/Datenkrake

"Krake" and "Kraken" are used synonymously. And NSA seems to be a Datenkrake. Do u c?

Interesting!  I did not know this word.  Fortunately, we have not been overtaken by the NSA yet.  Exchanges do have a lot of information that can help law enforcement map real identities to activity on the blockchain.  You'd be wise not to attempt to launder money through a bitcoin exchange.
legendary
Activity: 1778
Merit: 1070
But the name and location is not well chosen. It reminds me on "Datenkraken" ... ok, maybe I'm paranoid, we'll see.
You are Smiley! http://en.wikipedia.org/wiki/Kraken

Take this: https://de.wikipedia.org/wiki/Datenkrake

"Krake" and "Kraken" are used synonymously. And NSA seems to be a Datenkrake. Do u c?
sr. member
Activity: 294
Merit: 250
But the name and location is not well chosen. It reminds me on "Datenkraken" ... ok, maybe I'm paranoid, we'll see.
You are Smiley! http://en.wikipedia.org/wiki/Kraken
legendary
Activity: 1778
Merit: 1070
But the name and location is not well chosen. It reminds me on "Datenkraken" ... ok, maybe I'm paranoid, we'll see.
sr. member
Activity: 294
Merit: 250

So far the site looks pretty well set up. They take Euro deposits/withdrawals via SEPA and wire transfers.




They've announced it here on bitcointalk.

Seems they also take USD deposits and deposits in pretty much any currency as their EURO account can automatically convert incoming wires into EUROs.

https://bitcointalksearch.org/topic/m.3112483

https://bitcointalksearch.org/topic/m.3112918

This is also huge news for Litecoin btw. A cool exchange like Kraken poised to overtake other established exchanges offers LTC trading. Huge news for Litecoin. I wonder how come this wasn't picked yet by Bitcoinmagazine, Coindesk, Bitcoinchannel and others.
hero member
Activity: 905
Merit: 1001
bump up. exchange is really looking good. also has an API already Smiley
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Just got an e-mail from Kraken. Looks like they are out of Beta and ready to begin trades.

So far the site looks pretty well set up. They take Euro deposits/withdrawals via SEPA and wire transfers.

They also have BTC/LTC exchange.

They have a US and European businesses.

Payward Ventures, Inc.
 
United States



Payward Ltd.
 
European Union
Jump to: