Bitcoin Exchange Kraken Launches New Dark Pool

Bitcoin Exchange Kraken Launches New Dark Pool

San Francisco-based digital currency exchange Kraken has launched a new dark pool for bitcoin trades. The dark pool, which functions as an invisible order book separate from its public offering, is intended to provide a means for traders to move more than 50 BTC (roughly $12,500 at press time) on the market in relative secret. Dark pools are used throughout the global financial system, though the practice has faced rising scrutiny from regulators, and banks have been penalized in the past for unlawful activity within the dark pools they operate. Supporters of dark pools say they help....


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Kraken's Bitcoin Dark Pool to Address Trading Issues

Kraken, a bitcoin exchange based in San Francisco, recently made a press release regarding its dark pool service for traders. This can address the usual trading issues in the network, as the market is still relatively small in volume, making large orders capable of moving prices significantly. With a bitcoin dark pool, other traders can be able to place orders without letting their other traders find out. Traders can anonymously place large buy or sell orders without revealing their interest to other traders. This will prevent outsized orders from moving the markets or causing....

Kraken Launches Ether Dark Pool Trading

Kraken has introduced Ether (ETH) Dark Pool trading in its platform, chalking a milestone as the first ever digital currency exchange to do so with the currency powering Ethereum. In a nod to ether’s rapid rise, both in popularity and value, Kraken has become the first virtual currency exchange to offer clients Dark Pool trading with Ether. The feature enables high-volume traders to place large orders of exchange, with anonymity. Without exposing any intentions to the public, the large volume trades tend to have no effect on the exchange value of the currency. In an email....

Kraken Releases Anonymous Bitcoin Trading Feature for Large Bitcoin Buyers

Kraken Bitcoin Exchange. The bitcoin currency market is still a very small boat in a large sea when it comes to the world of currency. Bitcoin's global digital currency is not like any fiat currency except in the fact that its relatively small size does make it vulnerable to high volatility and market fluctuations, just like a smaller fiat currency would be. A large purchase can act like a ship creating a huge wake next to a small sailboat, causing massive instability. Kraken is one of the world's leading bitcoin exchanges and is looking to help solve this problem with their new "Dark....

Kraken Launches ETH Dark Pool Trading

The global Bitcoin and digital asset exchange Kraken has announced it will be the first and only exchange enabling clients to use the (ETH) Dark Pool Trading. The Dark Pool allows users to “discreetly” place large trading orders without exposing the order book to the public. Kraken Adds More Ethereum Support to it’s Exchange. Kraken has noticed that Ethereum has been on the rise lately both in value and trading volume. The exchange has offered dark pool trading before but  CEO Jesse Powell said now was the perfect time to add an Ether Dark Pool to Kraken’s....

Kraken Introduces the Very First Ether Dark Pool

Kraken has become the first digital currency platform in the history to introduce Ether Dark Pool. Kraken yesterday announced that it is introducing Ether Dark Pool on its platform, thereby becoming the first digital currency exchange to have introduced such a trading feature. The core motto behind the launch of Ether Dark Pool is to provide traders with an abstract layer of privacy, while executing larger orders. Especially in an over-volatile market such as cryptocurrency, the need to shield big trading orders is must for every professional trader – to....

Quotes

You'll hear the word 'decentralized' thrown around a lot when talking about Bitcoin. The reason for this is that Bitcoin is a decentralized asset that no one entity has control over. This might not seem important, but think about the people who live in places where that central entity that controls your currency is corrupt or unstable.

Melanie Shapiro, Founder/CEO of Case Wallet, PhD in Consumer Behavior