KraKen [SCAMMER]

[posi]

In my limited experience with them: they are not scammers. However their site is always down, the customer service is slow and awkward. I dont recommend them at all and dont ever see myself using my account there. Not impressed - yes. Scam: I dont think so

People just panic and are too quick to call services a scam as soon as they don't work as efficiently as they like. My coins got credited after about ten confirmations and I managed to sell my coins after a few attempts and initiate a bank withdrawal so I guess people just need a little patience and to keep trying.

I agree with you. Although, I never use Kraken before and the exchange I usually use is coinbase. But, I support what you said because almost every bitcoin exchange are going through a lot this days.

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[warningsigns]

Kraken is a legitimate exchange but their service delivery standards are questionable. You have here an exchange with an unstable trading platform, often down and unusable. Exchanges process enormous amounts of money and the platforms they offer their users are a critical tool in processing such trades. They must be stable and should withstand outages (I'm sure Wall Street has plans A, B, C, D, E etc in case of any kind of system failure). System errors and security issues erode user confidence and trust.

For those experiencing problems accessing the site, the options are to either wait it out (and check later if the site is up and running again) or to turn to Kraken's facebook and twitter accounts and to ask them to intervene. Bitcoin is volatile, we all know this, so any kind of instability in a trading platform is unacceptable.

I hope it's just temporary. I just checked and I get the same error. The error is with the host (Kraken) and not with cloudflare or my device.

[mr.relax]

Its not just now. Its since months unusable. Surprising they still have high trading volume.

[LeGaulois]

Its not just now. Its since months unusable. Surprising they still have high trading volume.

Doesn't Kraken have APIs? Because it may be the reason since I have no idea how people are placing orders when it takes 4 hours and countless F5 to do something.
I agree it's not something new on Kraken and the lack of communication from them is not helping either.

From what I understood their engine is outdated. Last week while searching, I found a post from them on Reddit posting a link to what looked like a beta version supposed to be released the first week of this month (something like beta.kraken.com).

[babo]

From what I understood their engine is outdated.

this is the real problem of kraken
old BAD & UGLY architecture

and people go crazy with this lag/delay for placing orders for trading

[Kraken-Septimus]

Hi peoples,

I want warn you and tell you why i open this thread.

i do recently a transfert (sepa) to this exchange..i'm verified T3..i have good limite for deposit..but when i deposit my money this is placed "on hold" status..since 24h i cant use my funds and i lost money because i cant buy and withdrawal.

So if yu have had same problem with this exchange please post here and we will press for reimbursement of lost.ftp://

Hi galaxiekyl I sincerely hope that this was already resolved months ago, but if you're still having an issue please drop by our Bitcointalk thread.

From what I understood their engine is outdated.

this is the real problem of kraken
old BAD & UGLY architecture

and people go crazy with this lag/delay for placing orders for trading

An update on the trading engine happened in January and things have been running much more smoothly ever since. If you were having issues with Kraken before we'd suggest you try us out again at https:www.kraken.com.

Also, check out our new trading interface at trade.kraken.com!

If you need anything else please drop by our Bitcointalk thread.