Kraken Launches Desktop Trading App for Enhanced Crypto Trading

HomeCrypto Exchanges

Kraken Launches Desktop Trading App for Enhanced Crypto Trading

Kraken has launched Kraken Desktop, a trading application designed for active crypto traders seeking real-time market insights and advanced technical analysis. With a fully customizable interface, Kraken Desktop grants users access to Kraken’s complete suite of spot and futures markets, combining charting and analytical tools developed specifically for high-frequency trading. This release follows a successful private beta, aiming to provide an enhanced experience for traders across the globe.

The introduction of Kraken Desktop fills a gap left by Kraken’s popular Cryptowatch tool in July 2023. Cryptowatch, charting, and trading terminals were removed earlier, even though some users asked to keep them active. Originally, Kraken’s co-founder, Jesse Powell, had thought of keeping parts of the powerful tool and using it briefly but recommended that users switch to Kraken Pro, another sophisticated trading platform. The Kraken Desktop has been redesigned from scratch to take lessons learned from Cryptowatch and create a dedicated platform for serious traders.

Also Read: Ripple and Kraken Achieve Legal Milestone as Court Rejects SEC’s Crypto Asset Security Theory

Kraken Desktop Advanced Features for Active Traders

According to Kraken officials, the Kraken Desktop is designed to work with Kraken’s current web and mobile application by including advanced aspects that allow users to customize their trading interface. Feedback from active users is integrated into the structure of the desktop app, allowing for more powerful tools to analyze dozens of live market feeds. Co-CEO of Kraken, David Ripley, said that Kraken Desktop aligns with the company’s vision for advancements in that it strives to deliver the most potent experience for crypto traders.

With the addition of Kraken Desktop, Kraken strengthens its ecosystem of trading products, prioritizing the demands of active traders looking for a seamless, powerful trading solution. Kraken Desktop will provide a more refined and comprehensive alternative to previous platforms, addressing a critical need for real-time market monitoring combined with advanced analytics. As the app launches publicly, Kraken positions itself to meet the evolving requirements of active crypto trading, reaffirming its dedication to an enriched trading experience.

Also Read: Kraken Reviews Delisting Tether in Europe Amid New MiCA Regulations