Kraken re-enables advanced orders, adds 10 currency pairs

Kraken re-enables advanced orders, adds 10 currency pairs

- in All News, Cryptocurrencies, Featured News
kraken flag

Kraken, one of the major cryptocurrency exchanges by trading volume, announced it has re-enabled some of the advanced types of orders and has added 10 currency pairs to its portfolio.

The exchange, which disabled the advanced orders and many currency pairs as part of its infrastructure and trading engine upgrade in January, has now re-enabled the stop loss and take profit order types, with the promise to enabled the other types shortly.

Kraken has also brought back nine of the previous currency pairs: XRP/CAD, XRP/JPY, EOS/EUR, EOS/USD, XLM/EUR, XLM/USD, GNO/EUR, GNO/USD, REP/USD. Additionally, the exchange has added one more pair: ZEC/JPY. According to the post, Kraken plans to add more pairs in the future, but does not say which, or when.

“We plan to add more currency pairs in the future, but do not have any specific information about which pairs we might add at this time,” the exchange said. “Specifically, for clients wondering about the XBT/GBP and ETH/GBP pairs, we may add these in the future, but do not have an estimated date at this time.”

Founded in 2011, San Francisco-based Kraken is among the largest cryptocurrency exchanges in the world and consistently ranks in Coinmarketcaps’ Top10 by volume and is the leader in terms of Bitcoin to EUR volume. It offers all major cryptocurrencies as well as some smaller ones. They can be traded against the Canadian dollars, US dollars, British pounds, euro and Japanese yen. The platform offers spot exchange services, but there is also the option for leveraged trading, with a leverage of 1:5.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Kraken hikes Bitcoin withdrawal fee to $7, flat

Kraken, one of world’s largest and oldest cryptocurrency