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Kraken Desktop Trading App Now Available

Kraken Launches Kraken Desktop Trading Application

The esteemed cryptocurrency platform Kraken has proudly announced the roll-out of its Kraken Desktop application, tailored specifically for the needs of dedicated crypto traders.

The introduction of Kraken Desktop comes as an evolution from the once-popular Cryptowatch tool, and it is engineered to support a personalized user interface that allows simultaneous monitoring of real-time market data and application of comprehensive charting and analytical tools.

Kraken’s latest application offers full integration with both spot and futures markets the platform provides, emerging from a productive private beta period, and is developed using a Rust-native technological framework, promising superior performance and dependability.

The incorporation of Rust technology is intended to optimize the trading experience with unmatched low-latency capabilities, empowering traders with swift responsiveness to market trends, all while being memory-efficient.

Further enhancements in Kraken Desktop include multi-window functionality, advanced features such as trading ladders for executing a sequence of limit orders, and quick auto-join order shortcuts for prompt order placement.

By elevating these sophisticated trading tools, Kraken aims to cater to the active trading community, recognizing its vital contribution to market liquidity and price discovery within the cryptocurrency ecosystem.

Kraken continues to broaden its suite of offerings, such as its wrapped Bitcoin alternative known as kBTC, and the anticipated unveiling of its Ethereum layer-2 solution dubbed Ink, projected for early 2025.
Despite these innovative strides, Kraken has navigated through certain adversities, such as additional staff reductions and a significant shift in leadership, with Arjun Sethi being promoted to the role of co-CEO, assuming the position next to David Ripley.
The inception of Kraken Desktop is a calculated initiative to refine and uplift the trading journey for its committed clientele, particularly post the phase-out of Cryptowatch which had a strong user base up until its closure in July 2023.

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