Kraken revolutionizes crypto trading with a new desktop app

Kraken launches a new desktop app for active crypto traders, integrating advanced trading tools, customizable interface, and unprecedented speed. Optimized for responsiveness, it allows effective monitoring and execution of trading operations.

Let’s see all the details in this article. 

The new Kraken desktop app: advanced tools and high performance for an enhanced crypto trading experience

Kraken, one of the leading cryptocurrency exchanges in the world, has recently introduced Kraken Desktop, a new desktop trading platform designed for active traders in the crypto sector.

After a phase of private beta that met with great success, the application is now available and represents a significant step forward to improve the trading experience. 

With advanced tools, a fully customizable interface, and optimized performance, Kraken Desktop has been designed to offer traders a competitive edge in a constantly evolving market.

David Ripley, co-CEO of Kraken, stated the following: 

“Elevating their trading experience with even more features and performance, we are demonstrating that active traders are always our top priority as we continue to expand our products and services.”

This statement reflects Kraken’s commitment to its clientele of expert traders, who require high-level tools to manage the market volatility of criptovalute.

Kraken Desktop is built on a native Rust technology stack, a programming language known for its efficiency and reliability. 

This choice allows the platform to ensure quick response times and low latency, essential qualities for active traders who need to react quickly to market changes. 

The choice of Rust is particularly strategic, as it offers a smooth and optimized trading experience for low memory consumption. At the same time, it improves users’ ability to respond quickly to price fluctuations.

The platform also offers a range of advanced tools that are not easily found in other crypto trading applications. 

Among the most appreciated features is ladder trading, which allows traders to simultaneously set multiple limit orders, and shortcuts for the intelligent entry of bilateral orders, ideal for making the most of the ever-evolving market conditions. 

These characteristics make Kraken Desktop a very powerful tool for traders who desire greater control and more efficient operations.

A completely customizable trading experience and high performance 

One of the most interesting features of Kraken Desktop is its fully customizable interface.

Traders can monitor numerous market feeds in real-time, view proprietary charts, and use technical analysis tools to identify trends. 

This flexibility allows you to adapt the interface to your own trading needs and preferences, offering a clear and detailed view of the market.

The interface design is inspired by Cryptowatch, the previous trading and charting terminal of Kraken. However, Kraken Desktop was developed from scratch, with the intent to improve and enrich the trading experience offered by Cryptowatch. 

The integration of drawing tools and advanced analysis allows traders to make informed decisions based on a clear view of market trends. 

Making Kraken Desktop an ideal tool for those who need direct and quick access to real-time data.

With its multi-window support, Kraken Desktop allows you to effectively manage multiple operations and keep multiple markets under control simultaneously. 

This feature is crucial for active traders, who often operate on different assets and markets and need an application capable of supporting efficient management of their trading strategies.

Furthermore, the integration of Kraken Desktop with various operating systems, including Windows, Mac, Linux, and even Raspberry Pi, offers unique flexibility, allowing traders to access the platform from different devices and environments. 

This inclusive approach demonstrates Kraken’s commitment to providing an accessible and high-performing platform for all types of traders, regardless of their device setup.

A market in evolution and a customer-focused offering

Clark Moody, Senior Engineering Manager at Kraken Desktop, emphasized the importance of active traders in the cryptocurrency market, stating the following: 

“Active traders play a crucial role in providing liquidity to the cryptocurrency market and facilitating price discovery.”

For this reason, Kraken has invested time and resources in developing an application that meets the specific needs of this cohort of users. 

Moody explained how Kraken Desktop provides the necessary tools to enhance the trading experience and increase engagement in the market, once again demonstrating the company’s focus on the needs of its more experienced users.

Kraken Desktop is designed to work in a complementary way with the web and mobile tools already offered by the company. 

This integrated approach allows traders to seamlessly switch between different interfaces and platforms, ensuring a continuous and flexible trading experience.

Finally, the availability on multiple devices allows traders to stay updated and execute trades in real-time, whether they are in the office, at home, or on the move.