Personalize your buying and selling technique with Customized Orders « Kraken Weblog

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New Options

We’re working laborious to present you new methods to attach and transact with crypto. Our purpose? To empower you with the instruments it’s good to attain monetary freedom by means of cryptocurrency.

Our latest characteristic – Customized Orders – makes it simpler than ever to commerce crypto on the worth you need, proper from the Kraken app. Customized Orders allow you to set a selected worth to your crypto purchases, gross sales, or conversions.

Customized Orders provide the peace of thoughts that comes with understanding your commerce will execute on the worth you set. This eliminates the necessity to continuously monitor worth actions out there and lets you streamline your crypto buying and selling methods.

Say you wish to purchase 0.1 BTC if the value dips to $29,000. While you create a Customized Order, you’ll set a goal worth of $29,000 and an quantity of 0.1 BTC. The transaction will execute routinely as soon as the goal worth is reached.

Customized Orders come in useful if you wish to:

  • Purchase crypto if the value dips 
  • Promote your holdings when the value hits a excessive
  • Be part of a rally and purchase crypto if it begins rising
  • Set a cease loss on a place and promote half of it if the value dips 

Working in tandem with the Recurring Purchase and Instantaneous Purchase options, Customized Orders provide you with much more flexibility to commerce crypto the way you need. As a result of every of those options assist a number of fee strategies, it’s simpler than ever to fund your most popular buying and selling technique.

Signal into the Kraken app to strive Customized Orders immediately.

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Whereas Kraken will try and fulfil Customized Orders on the chosen worth as soon as the Customized Order is triggered, there isn’t any assure that the order will execute on the worth chosen within the Customized Order and the Customized Order might not execute instantly after the Customized Order is triggered.

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