Kraken Launches ETH 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 communicated to....

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 prevent flock trading, and saving....

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....

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....

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....