What is happening at Kraken?

[russelluk]

I note now that GBP pairs can be seen again on the Exchange. When I try to buy Bitcoin at market rate it is grayed out so it appears that you can't however if I was to try and sell Bitcoin it appears that it will give me GBP's. How can this be right if they have disabled deposits for GBP's and you can't trade with GBP's. Anyone got any explanation?

[bitjoin]

I note now that GBP pairs can be seen again on the Exchange. When I try to buy Bitcoin at market rate it is grayed out so it appears that you can't however if I was to try and sell Bitcoin it appears that it will give me GBP's. How can this be right if they have disabled deposits for GBP's and you can't trade with GBP's. Anyone got any explanation?

They removed all GBP pairs aswell as many others to try and work on speeding up the performance of the site.  It also has caused me problems i wish they'd have keep GBP or a way to convert it to USD/EURO easy so we can go either way.  I can understand why they might be trying to speed up site performance though its been pretty slow.  Here is a link to blog post with the other pairs they removed:

https://blog.kraken.com/post/1234/announcement-delisting-pairs-and-temporary-suspension-of-advanced-order-types/

[russelluk]

Yes thanks - it is getting really frustrating as I have been without funds now since 11 August. Withdrawing GBP to my bank account failed and after over 2 weeks of waiting they told me that they would convert my GBP's to EURO's. That was around 10 days ago now and still not converted. I can't do anything with my GBP's in the meantime which is annoying given the recent drop in Bitcoin prices.