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Author Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH  (Read 618947 times)
Dargo
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June 14, 2015, 04:44:09 PM
 #2921


This has probably be mentioned before, but can you review the 0.0005 BTC miner fee? Fee calculation has been optimized since 0.10.0, IIRC.

We have a highly customized wallet system that doesn't use the latest bitcoind fee calculator. I'll see if the system can be updated to be more in line with what you'd expect from bitcoind though.

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Serpens66
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June 20, 2015, 05:54:00 PM
 #2922

And another topic:
The minimum amount of an normal order is 0.01BTC, even via API, right? How is it possible that sometimes there are alot of orders lower than that? It was like 0.001BTC every 5 cents.  So it could not be partially filled orders.  Is there a way to place orders lower than 0.01BTC ?
If wanted I can take a screenshot next time I see it.
Let me (or Dargo) get back to you about (b), the minimal order size

Anything new about this? The order I'm talking about is 0.005BTC and the person/bot who place it is active at the moment:
Screenshot:  http://www11.pic-upload.de/20.06.15/t9h3fw2k1qxq.jpg

This is really annoying, since one strategy of my bot is to buy an order with the same amount. So if one 0.005BTC order is the best selling price, my bot tries to buy 0.005BTC at this price.  But because of your minimum amount my bot can'T do this, so it does simply nothing.

Of course I could modify my bot to check the next best order in orderbook, but this would take alot of programming.

So how does this user creates 0.005BTC order?!?!

Mit Cointracking behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei Wink                              binance.je als EUR Börse
Testen ist kostenlos und mit dem obigen Link bekommst du 10% Rabatt auf die kostenpflichtigen Pakete. Thread                                        Great Freeware Game: Clonk Rage
Für instant Handel auch am Wochenende bei bitcoin.de sollte man das Fidorkonto verwenden Smiley FAQ Ref-Link: Registrieren
kraken.austin
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June 20, 2015, 11:05:26 PM
 #2923

Thank you Serpens66.

We can understand your frustration and thank you for bringing it to our attention.

I've messaged you 1-on-1 so we can resolve your issue.
Dargo
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June 21, 2015, 05:35:49 PM
 #2924

Thank you Serpens66.

We can understand your frustration and thank you for bringing it to our attention.

I've messaged you 1-on-1 so we can resolve your issue.


I confirm that kraken.austin works for Kraken. kraken.austin will be helping Yunus and I to represent Kraken on bitcointalk.

I'm sorry we didn't reply about the minimum order issue back when it was first asked about. I think there was a miscommunication between Yunus and I about which one of us was going to follow up on it. We are looking into it and I'll post something more when I have more information.
amacar1
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June 21, 2015, 10:35:14 PM
 #2925

Anything new about lowering confirmations from 6 to 3?
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June 22, 2015, 12:54:28 AM
 #2926

Anything new about lowering confirmations from 6 to 3?

I don't have anything specific to announce about it yet, but we are considering this.
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June 22, 2015, 10:18:15 AM
 #2927

one thing that is annoying me to death, can you do that when you visit the website you are already in the sing-in tab? because some times, i forget about that and i start writing my password on the sign-up field...
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June 22, 2015, 12:11:31 PM
Last edit: June 22, 2015, 03:37:00 PM by Serpens66
 #2928

Thank you Serpens66.

We can understand your frustration and thank you for bringing it to our attention.

I've messaged you 1-on-1 so we can resolve your issue.


I confirm that kraken.austin works for Kraken. kraken.austin will be helping Yunus and I to represent Kraken on bitcointalk.

I'm sorry we didn't reply about the minimum order issue back when it was first asked about. I think there was a miscommunication between Yunus and I about which one of us was going to follow up on it. We are looking into it and I'll post something more when I have more information.

Problem kind of solved:
Austin told me, that it is possible to change the quote currency.
So instead of placing an order of 0.005BTC, you place an order about 1€ ~= 0.005BTC .  
It seems that 0.01BTC is the minimum with BTC, but 1€ is the minimum with EUR.

Why are you not able to set a minimum for everything? So just make a minimum of 0.001BTC for all pairs (all pairs with btc). Or make just the minimum of 1€.
But two different minimum for the same pair are not good I think.

Mit Cointracking behältst du die Übersicht über all deine Trades und Gewinne. Sogar ein Tool für die Steuer ist dabei Wink                              binance.je als EUR Börse
Testen ist kostenlos und mit dem obigen Link bekommst du 10% Rabatt auf die kostenpflichtigen Pakete. Thread                                        Great Freeware Game: Clonk Rage
Für instant Handel auch am Wochenende bei bitcoin.de sollte man das Fidorkonto verwenden Smiley FAQ Ref-Link: Registrieren
Karartma1
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June 22, 2015, 01:39:06 PM
 #2929

Would you like to discuss adding new altcoins such as DASH and XMR to your site?

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
coinpr0n
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June 22, 2015, 03:30:50 PM
 #2930

Would you like to discuss adding new altcoins such as DASH and XMR to your site?

Funny I was just thinking the same thing yesterday. The coins offered are already quite a fine selection, but if any I would also add one of these type of coins (DASH and XMR being to two most prominent).

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June 22, 2015, 03:52:07 PM
 #2931

Another fast transaction. Yesterday I made a withdrawal to my bank account and today is money already on my account. Thank you for great service! Will definitely recommend to everyone.
Dargo
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June 22, 2015, 04:00:10 PM
 #2932

one thing that is annoying me to death, can you do that when you visit the website you are already in the sing-in tab? because some times, i forget about that and i start writing my password on the sign-up field...

So when you go to kraken.com, you want to be automatically directed to kraken.com/login? Is that what you mean?
Dargo
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June 22, 2015, 04:16:23 PM
 #2933

Thank you Serpens66.

We can understand your frustration and thank you for bringing it to our attention.

I've messaged you 1-on-1 so we can resolve your issue.


I confirm that kraken.austin works for Kraken. kraken.austin will be helping Yunus and I to represent Kraken on bitcointalk.

I'm sorry we didn't reply about the minimum order issue back when it was first asked about. I think there was a miscommunication between Yunus and I about which one of us was going to follow up on it. We are looking into it and I'll post something more when I have more information.

Problem kind of solved:
Austin told me, that it is possible to change the quote currency.
So instead of placing an order of 0.005BTC, you place an order about 1€ ~= 0.005BTC .  
It seems that 0.01BTC is the minimum with BTC, but 1€ is the minimum with EUR.

Why are you not able to set a minimum for everything? So just make a minimum of 0.001BTC for all pairs (all pairs with btc). Or make just the minimum of 1€.
But two different minimum for the same pair are not good I think.


I think it's a great feature Kraken offers in letting you choose the volume currency. But it does create issues for setting order minimums and there are pros and cons with the different options. I'm looking into this and will get back to you once I have better understanding of the pros and cons and what the best solution might be.
Dargo
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June 22, 2015, 04:31:15 PM
 #2934

Would you like to discuss adding new altcoins such as DASH and XMR to your site?

Funny I was just thinking the same thing yesterday. The coins offered are already quite a fine selection, but if any I would also add one of these type of coins (DASH and XMR being to two most prominent).

Thanks for the input - we don't have any plans to add DASH or XMR at the present time. We may add more digital currencies later, but our primary focus is on Bitcoin.
Dargo
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June 22, 2015, 04:35:09 PM
 #2935

Another fast transaction. Yesterday I made a withdrawal to my bank account and today is money already on my account. Thank you for great service! Will definitely recommend to everyone.

Thanks for the feedback amacar!
Karartma1
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June 22, 2015, 05:49:50 PM
 #2936

Would you like to discuss adding new altcoins such as DASH and XMR to your site?

Funny I was just thinking the same thing yesterday. The coins offered are already quite a fine selection, but if any I would also add one of these type of coins (DASH and XMR being to two most prominent).

Thanks for the input - we don't have any plans to add DASH or XMR at the present time. We may add more digital currencies later, but our primary focus is on Bitcoin.

That's ok but is there a reason why you don't add these coins to your site? Is it because you don't want to expand your site with more altcoins? I wish I could do BTC/XMR, BTC/DASH trades when I get bored playing with BTC/USD in your site. I don't trust other exchanges as much as yours.

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
Amph
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June 23, 2015, 06:10:12 AM
 #2937

one thing that is annoying me to death, can you do that when you visit the website you are already in the sing-in tab? because some times, i forget about that and i start writing my password on the sign-up field...

So when you go to kraken.com, you want to be automatically directed to kraken.com/login? Is that what you mean?

yeah exactly, maybe it can be done only for those who are already registered, based on their ip?

just throwing this out
Dargo
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June 23, 2015, 07:00:16 PM
 #2938

Would you like to discuss adding new altcoins such as DASH and XMR to your site?

Funny I was just thinking the same thing yesterday. The coins offered are already quite a fine selection, but if any I would also add one of these type of coins (DASH and XMR being to two most prominent).

Thanks for the input - we don't have any plans to add DASH or XMR at the present time. We may add more digital currencies later, but our primary focus is on Bitcoin.

That's ok but is there a reason why you don't add these coins to your site? Is it because you don't want to expand your site with more altcoins? I wish I could do BTC/XMR, BTC/DASH trades when I get bored playing with BTC/USD in your site. I don't trust other exchanges as much as yours.

Altcoins are not high priority for us at the present time. Bitcoin is by far our primary focus. We may add some more, but it's not our goal to add every coin that is interesting, innovative, or has a large user base. I'm sure you can look at the coins we currently offer and say, "well if you offer those, then you should offer coins x, y, and z too." But it's simply not our goal to offer a comprehensive set of altcoins and the selection of coins we do offer is bound to seem somewhat random as a result. So, it's nothing against XMR or DASH, we just aren't looking to add all worthy coins.   
Dargo
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June 23, 2015, 07:03:23 PM
 #2939

one thing that is annoying me to death, can you do that when you visit the website you are already in the sing-in tab? because some times, i forget about that and i start writing my password on the sign-up field...

So when you go to kraken.com, you want to be automatically directed to kraken.com/login? Is that what you mean?

yeah exactly, maybe it can be done only for those who are already registered, based on their ip?

just throwing this out

OK, we'll consider this. I'm not sure everyone would want this behavior though. For now I'd recommend just bookmarking the login page in your browser (but yeah, I understand that you might find it more convenient to just type the URL).
Dargo
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June 23, 2015, 09:07:12 PM
 #2940

Thank you Serpens66.

We can understand your frustration and thank you for bringing it to our attention.

I've messaged you 1-on-1 so we can resolve your issue.


I confirm that kraken.austin works for Kraken. kraken.austin will be helping Yunus and I to represent Kraken on bitcointalk.

I'm sorry we didn't reply about the minimum order issue back when it was first asked about. I think there was a miscommunication between Yunus and I about which one of us was going to follow up on it. We are looking into it and I'll post something more when I have more information.

Problem kind of solved:
Austin told me, that it is possible to change the quote currency.
So instead of placing an order of 0.005BTC, you place an order about 1€ ~= 0.005BTC .  
It seems that 0.01BTC is the minimum with BTC, but 1€ is the minimum with EUR.

Why are you not able to set a minimum for everything? So just make a minimum of 0.001BTC for all pairs (all pairs with btc). Or make just the minimum of 1€.
But two different minimum for the same pair are not good I think.


I think it's a great feature Kraken offers in letting you choose the volume currency. But it does create issues for setting order minimums and there are pros and cons with the different options. I'm looking into this and will get back to you once I have better understanding of the pros and cons and what the best solution might be.

To answer your question, it's not really possible to set exactly the same minimum for everything when you allow a choice between setting the volume currency to base currency or quote currency. The difficulties include:

  • Bitcoin price is constantly fluctuating, so the amount of EUR or anything else exactly equal to 0.01 BTC will be constantly changing
  • There will be rounding errors in calculation
  • For market orders or orders that trigger market orders, you don't know the average fill price in advance, so you don't know in advance how much EUR or anything else will be equal to 0.01 BTC for the order


Although the minimums can't be exactly the same, they could be closer than they are now and we will consider making them closer.
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