Cointelegraph Kraken, a Bitcoin exchange website, hit the news last week with the announcement of a substantial fee hike.After a sustained period of static fees, the company stated that rising miner fees would result in a higher withdrawal fee for Bitcoin customers on its site.The company subsequently raised the fee to .0025 XBT, or approximately $7.Kraken announced that this number is the average cost per transaction it is paying for its services and was, therefore, passing this onto to users in order to maintain transaction speeds.Kraken also announced plans to move to a more dynamic fee structure in the future where costs are passed directly onto users, rather than averaging the costs and charging the client a flat fee.This comes on the heels of statements by Hashcash creator Adam Back regarding $100 transaction fees, leaving many users nervous.Saving costs However, just today, Kraken has rolled back the transaction fees and reinstated per transaction pricing at .001 XBT, or about $3.

The move comes as a response to client disapproval of the hike.To make the pricing feasible, the company has announced to users via email that they will batch withdrawal transactions to save costs.This will slow the response time for each transaction, but save costs.Currencies:BTC | ETH | LTC | DASH | XMR | DOGE | PPC | RDD | NMC | VTC | BLK | NVC | QRK | FTC | MEC | AUR KRAKEN Last Trade: Best Bid: Best Ask: () Share:         1 all time | 1 month | 2 days     Contact:  | Donations: BTC 13KPgojUhg2Rx92WRJQDZR7vy2vegonHsf  | Advertising  | Privacy Policy / DisclaimerSkip to main content Today in APIs: SAMI for Samsung, and 18 New APIs Online Notebook,Writeapp.me, to Launch First Public APIAdvertise Jobs at BTCManager BITCOIN PRICE: 2,714.29 HIGH: 2,744.20 LOW: 2,666.83 BTC = USD #TRENDING STORIES Next Event Money 20/20 Europe • June 26-28, 2017 European-focused event on Fin-tech, providing an overlook of the disruptive ways in which consumers and businesses manage, spend and borrow… → BTCMANAGER TWITTER: TOTAL TWEETS: 3850 total FOLLOWERS: 16159 official hashtag:#BTCManager BTCMANAGER Kraken Swings The Doors Open To Dash Dash, the rapidly ascending alternative to bitcoin, has announced a historic partnership with Kraken Digital Asset Exchange, one of the world’s oldest, largest, and most respected bitcoin exchanges.

As a result of this partnership, Dash is now open for trading on the platform with buy and sell pairings including DASH-EUR, DASH-USD, and DASH-BTC, with margin trading to follow soon.bitcoin illegal in malaysiaThis collaboration between Dash and Kraken comes amid a record surge for the cryptocurrency, which experienced an approximately sixfold increase in price per coin ($11 to $72) and a tenfold increase in trading volume ($3 million to $30 million) in Q1 2017.litecoin gpu miningMembers of the Dash community are believed to have played a part in fueling this new development as evidence by this open letter to Kraken CEO Jesse Powell which was posted last year on Reddit.bitcoin armory vs multibitSays Daniel Diaz, Dash VP of Business Development: “Kraken is excited to offer Dash on their trading platform and our teams are working closely to ensure clients can begin trading the currency immediately.bitcoin etf review

Kraken is an incredibly well established and well-structured organization, and amongst the best in the exchange business.” Diaz notes that in terms of reputation, Kraken represents the highest standard for client satisfaction.ethereum gas marketDash, he emphasizes, is a project that has implemented very original ideas that resonate well with the market.bitcoin fog newsAs a top-tier exchange, Kraken’s mission is to provide clients with access to digital currencies that are in demand and provide value.simple litecoin minerIn January 2017, the exchange added support for another privacy coin that is gaining popularity, Monero (XMR) and followed up by adding Tether (USDT), an altcoin that anchors to the US dollar, at the end of March.ethereum pool list

Dash is an open-source project that delivers safe, decentralized financial solutions.de bitcoin a peso chilenoSimilar to digital cash, it can be spent easily and instantly online and at merchants and service providers worldwide.The network is widely revered for its built-in governance and funding system which allows projects to be proposed and voted on by the community, and if approved, paid for directly from the blockchain.Following a spate of new developments, including the implementation of the Sentinel software upgrade and the announcement of revolutionary decentralized payments system called Evolution, Dash has been on a soaring trajectory.Its total market cap skyrocketed from $78 million (January 1, 2017) to an all-time high of $835 million (March 18, 2017), with new international markets unlocked alongside user demand.Daniel Diaz continues: “As the leading exchange in the Euro market, Kraken’s global reach helps Dash successfully meet the needs of our users and investors.

The entire integration experience was very positive, and we have high expectations for the partnership going forward.This is a significant achievement for Dash because our ecosystem needs high-quality and trustworthy exchanges like Kraken to thrive, and we know they will play an important role as a fiat gateway.” Founded in 2011, Kraken which is headquartered in San Francisco with offices around the world is consistently rated the best and most secure digital asset exchange by independent news media.Trusted by hundreds of thousands of traders, institutions and authorities, including Germany’s BaFin regulated Fidor Bank, Kraken is the first exchange to display its market data on the Bloomberg Terminal, pass a cryptographically verifiable proof-of-reserves audit, and one of the first to offer leveraged margin trading.Kraken investors include Blockchain Capital, Digital Currency Group, Hummingbird Ventures, Money Partners Group, and SBI Investment.The Bitcoin has been gaining a lot of mainstream ground in the past years time, with many big companies embracing the cryptocurrency, as well as Bitcoin ATM’s popping up all over the world in large numbers.

The Bitcoin has always been a commodity that you would have to buy or mine to obtain, which has led to a decent amount of price swings in the past.While regular trading can be good and bad, it can be really good when it’s done by professionals trading large quantities at a time.With large trading amounts, there’s a bigger need for Bitcoins to actually trade, which again in an ideal scenario will boost the Bitcoin value over time and make it more attractive for the mainstream public once again, as well as more companies.Up until now there hasn’t been a lot of places where you could margin trade the Bitcoin against a fiat-currency, but there is now.The San Fransisco-based Bitcoin exchange company Visit Kraken Here announced earlier this week that they have launched Bitcoin margin trading against the Euro.Kraken is one of the leading Bitcoin exchange sites in the world, having massive volumes of Bitcoin trades done on a daily basis and they are even helping out in the Mt.Margin trading is basically where you place money on the value of the currency going up or down and you then sell your trade when you feel like it has hit the highest it can or when you have lost too much value on it.

It is very much like Forex trading, except from that you will be trading a virtual currency against a fiat-currency instead of a fiat-currency against a fiat-currency.With the swings that the Bitcoin encounters in value, it may just become the go-to currency for forex traders, as it is very good for making money.To make things more like forex, Kraken has enabled the possibility for users to get leverage.Leverage is basically the option to trade with more money than you actually have, making your profits larger or in the worst case, losing your money faster.Initially Kraken will offer customers the option to trade with 3x leverage, which means that if you gain 4%, you actually gained 12% and vice versa for losing.Within a short period of time, Kraken will even offer up to 20x leverage for those who wants it, making it possible to make 20x as much more as you otherwise would have done.Margin trading will not be available to everyone from the start, as they have strict requirements in terms of verification to be able to do margin trading.