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XBT/Currency trading on Kraken
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Topic: XBT/Currency trading on Kraken (Read 811 times)
andcface
(OP)
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XBT/Currency trading on Kraken
January 05, 2017, 03:16:00 PM
#1
Has anyone ever used the currency functions on kraken? do they trade xbt/usd and convert into the other currency (eg EUR, GBP) or if you trade at market are you going to get off market fills?
Wei H
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Chinese translator
⇾
Re: XBT/Currency trading on Kraken
January 05, 2017, 03:40:53 PM
#2
No, they trade on xbt/usd, they stay on xbt/usd.
I exchanged some XBT to legal currency on Kraken everything went smoothly, but it seems that there is a limitation on your legal currency withdrawal.
BitHodler
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Re: XBT/Currency trading on Kraken
January 06, 2017, 12:25:37 AM
#3
If you trade XBT/USD for example, then you can use the BTC you buy to jump into EUR or GBP trading if you sell a certain part of your BTC to the given currencies.
That's the easiest way of having the possibility of trading with various currencies without much hassle. I however don't see the added benefit of this though.
Kraken's main traded fiat pair is XBT/EUR. If you look at the USD and GBP volumes, then they are not that impressive. Especially when you look at the GBP volume. It's peanuts.
BSV is not the real Bcash. Bcash is the real Bcash.
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