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Author Topic: Kraken suspends half of the traded coins, advanced order types, withdrawals :o  (Read 220 times)
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August 23, 2017, 09:28:10 PM
 #1

Earlier this week, I have received a message from Kraken saying that they plan to suspend 50% of the liquid markets and all advanced order types.

Nowhere in the afforementioned email they've said that they are going to suspend deposits / withdrawals.

Does anyone know what's going on?

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August 23, 2017, 09:41:22 PM
 #2

Earlier this week, I have received a message from Kraken saying that they plan to suspend 50% of the liquid markets and all advanced order types.

Nowhere in the afforementioned email they've said that they are going to suspend deposits / withdrawals.

Does anyone know what's going on?

Yea srly

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August 23, 2017, 11:37:36 PM
 #3

Kraken has been experiencing some difficulties when it comes to keeping their trading platform up and running properly, where as result they are taking a few weird steps in order to help them deal with this situation.

They are delisting (with no plans to relist them at some point in the future) various trading pairs that they deem insignificant due to the lower overall volumes they generate.

Which makes me wonder, if something isn't being used much, how exactly will it help in getting their platform to run properly without outages? To me it seems that they are cutting costs to avoid investing in more bandwidth.

That's not exactly something I expected to see from an exchange that I valued quite a bit. Bitstamp seems to be the one of the very few exchanges that is managing to keep running without any significant outages.

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August 24, 2017, 03:01:38 PM
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Between this and Poloniex's support issues it points to a massive increase in users... which has me worried about a potential bubble.  My mom hasn't asked me about bitcoin yet (my personal alarm) and it's not all over the morning talk shows but I wonder if this is a sign of people flooding in looking for a quick buck.

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