We’re working laborious to provide you new methods to attach and transact with crypto. Our aim? To empower you with the instruments you must attain monetary freedom by cryptocurrency.
Our latest function – Customized Orders – makes it simpler than ever to commerce crypto on the value you need, proper from the Kraken app. Customized Orders allow you to set a particular value 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 value you set. This eliminates the necessity to always monitor value actions available in the market and means that you can streamline your crypto buying and selling methods.
Say you need to purchase 0.1 BTC if the value dips to $29,000. Once you create a Customized Order, you’ll set a goal value of $29,000 and an quantity of 0.1 BTC. The transaction will execute robotically as soon as the goal value is reached.
Customized Orders turn out to be useful if you wish to:
- Purchase crypto if the value dips
- Promote your holdings when the value hits a excessive
- Be a 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 Prompt 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 help a number of cost strategies, it’s simpler than ever to fund your most well-liked buying and selling technique.
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Whereas Kraken will try and fulfil Customized Orders on the chosen value as soon as the Customized Order is triggered, there isn’t a assure that the order will execute on the value chosen within the Customized Order and the Customized Order might not execute instantly after the Customized Order is triggered.