TL;DR
- Kraken Desktop has been launched, a customizable desktop application for advanced cryptocurrency trading, inspired by Cryptowatch.
- The app, designed with the Rust programming language, offers low latency and high reliability for immediate reactions in real-time markets.
- It includes advanced tools like ladder trading and price alerts, enabling strategic trading operations and effective market monitoring.
Kraken Desktop has been officially launched, its an application designed to meet the needs of the most demanding cryptocurrency traders. Inspired by the previous Cryptowatch tool, which was discontinued in 2023, this new platform is a robust and fully customizable option for real-time market tracking and advanced trade execution, offering full access to the exchange’s spot and futures markets.
The application was created using Rust, a programming language known for its efficiency and low memory demand, allowing Kraken Desktop to provide a fast and reliable trading experience. The app ensures a low-latency interface and smooth operation—crucial aspects for traders who need immediate reactions to market movements. The app is available for Windows, Mac, and Linux systems.
Kraken Desktop offers a broad set of advanced tools that include support for multiple windows and specific functionalities like ladder trading, allowing strategic placement of multiple limit orders. Additionally, users can access advanced order types such as iceberg and trailing stops and use a variety of technical analysis tools to execute trades under different market conditions. The ability to set price alerts enables traders to effectively monitor the market and receive real-time notifications of significant changes in the assets they follow.
Kraken Desktop Supports Up to 48 Customizable Modules
With this application, Kraken aims to let each trader configure their workspace according to their style and strategies, integrating a wide range of customizable modules, up to 48 on a single screen, including price charts, order books, market summaries, and cross-market comparisons. Themes and sounds can also be adjusted, providing a multisensory trading experience.
The release of Kraken Desktop follows a beta testing phase during which a select group of users provided valuable feedback, allowing the development team to improve the user experience and application features. The app serves as an extension of the exchange’s web and mobile platforms.
On another note, the exchange recently introduced products like kBTC on Ethereum and OP Mainnet and is preparing to launch its new Layer 2 solution on Ethereum, named Ink, for early 2025.
