Kraken’s latest cryptocurrency trading application provides advanced tools and a customizable interface
Kraken Desktop, a desktop application that is customizable and designed for sophisticated cryptocurrency trading, has been released. The application was inspired by Cryptowatch.
Kraken Desktop has been officially introduced; it is an application that has been specifically designed to satisfy the most demanding cryptocurrency traders. This new platform is a fully customizable and comprehensive option for real-time market monitoring and advanced transaction execution, giving users full access to the exchange’s spot and futures markets. It is inspired by the previous Cryptowatch utility, which was discontinued in 2023.
This new platform is a fully customizable and comprehensive option for real-time market monitoring and advanced transaction execution, giving users full access to the exchange’s spot and futures markets. It is inspired by the previous Cryptowatch utility, which was discontinued in 2023.
Kraken Desktop has the ability to offer a quick and dependable trading experience due to the utilization of Rust, a programming language that is renowned for its efficacy and minimal memory demand. The application guarantees a seamless operation and a low-latency interface, which are essential for traders who require immediate responses to market fluctuations. The application is compatible with Linux, Mac, and Windows operating systems.
Kraken Desktop provides a comprehensive array of sophisticated tools, such as ladder trading and support for multiple windows, which enables the strategic positioning of multiple limit orders. Furthermore, users have the ability to utilize a diverse array of technical analysis tools and access sophisticated order types, including trailing stops and icebergs, to execute trades in a variety of market conditions. Traders can effectively monitor the market and receive real-time notifications of significant changes in the assets they follow by setting price alerts.
Kraken’s objective with this application is to enable traders to personalize their workspaces in accordance with their preferences and strategies. This will be achieved by incorporating a diverse array of customizable modules, such as price charts, order books, market summaries, and cross-market comparisons, which can be displayed on a single screen with a maximum of 48. Altering the themes and music can also result in a multisensory trading experience.
Kraken Desktop was released subsequent to a beta testing phase, during which a carefully selected group of users provided valuable feedback. This feedback enabled the development team to enhance the user experience and application features. The application functions as an extension of the exchange’s web and mobile platforms.
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