Thoughts on Kraken

[ducatitalia]

Payward launched Kraken in September 2013, this fledgling multiple asset trading platform is making waves.  They seem to be one of the few exchanges that have apparently had no effects from the recent increase in Transaction ID Malleability issues.

Very interested to hear what the knowledgeable members of the Bitcoin community think about Kraken a few months on from their arrival...

Kraken CEO Jesse Powell: https://www.youtube.com/watch?v=IJAO2zn0f_s

and

https://bitcointalk.org/index.php?topic=290799.0

[5thStreetResearch]

volume seems to be picking up a little bit but there still isnt much liquidity there, just look at their market data only 727 coins traded in the last 24 hours

[ledmaniak]

Lol, suddenly there are lots of topics popping up about kraken, wonder why

My thoughts:
https://bitcointalk.org/index.php?topic=461917.0

[SWart64]

Payward launched Kraken in September 2013, this fledgling multiple asset trading platform is making waves.  They seem to be one of the few exchanges that have apparently had no effects from the recent increase in Transaction ID Malleability issues.

Very interested to hear what the knowledgeable members of the Bitcoin community think about Kraken a few months on from their arrival...

Kraken CEO Jesse Powell: https://www.youtube.com/watch?v=IJAO2zn0f_s

and

https://bitcointalk.org/index.php?topic=290799.0

I use Kraken.com in combination with http://www.kraken-alert.com

Receiving alerts by email whenever my price level is reached.

[BitOnyx]

volume seems to be picking up a little bit but there still isnt much liquidity there, just look at their market data only 727 coins traded in the last 24 hours

wow, looks like this exchange is almost dead then

[Himself]

One of the main problems with Kraken is that they purport to be US-based all over forums and reddit when in fact they are not.  They have offices in San Francisco but their main banking relationship is with Fidor in Germany.  This makes it difficult for US traders to use the site, hence their high Euro volume.  Unfortunately, it doesn't seem like this issue will be resolved anytime soon.  As far as US based exchanges go, I use CoinMKT. Their volume is low, but that can be changed if US users begin to migrate there.  I believe they're listing dogecoin sometime this week, that might help.
Kraken is a good site for european traders.  It's not the best for US, no matter how many times their reps say so in threads.

[zenojis]

As far as I'm aware you can't even trade on kraken if you are from the US. You will forever be stuck in a "pre-verified" state. They don't have everything setup to trade legally in the US.

[5thStreetResearch]

Euro volume is pretty non-existant too, past 24 hour volume of 466 coins only. 

[5thStreetResearch]

btc/usd volume for past 24 hours is a whopping 1.9 coins, yikes