ethereum kraken

* FM HomeCryptoCurrencyTradingKraken Bitcoin Exchange Added Ethereum Dark Pool Trading Kraken Bitcoin Exchange Added Ethereum Dark Pool Trading Kraken, one of the largest cryptocurrency exchanges in the world, has started to offer Ethereum Dark Pool trading, enabling the discreet placing of large orders without exposing intentions to the public, on Wednesday, 11th of May.This expands upon the bitcoin dark pool trading that the exchange started offering in June of last year.Kraken CEO Jesse Powell commented: “Kraken is proud to be the first exchange to provide clients with a Dark Pool for ether, a strategic option for professional traders.This year, trading volume for ether has dramatically increased on Kraken’s exchange, and we developed the Ether Dark Pool to bridge the gap between our lit order books and over-the-counter desk.Dark Pool trading allows for orders to be placed out of sight so that traders can make large buy or sell orders (minimum of 50 bitcoin or 2,500 ether) without revealing their sentiment to other traders.
Advantages include reduced market impact and better price for large blocks.”In total, Kraken added 6 ETH dark pool currency pairs, with the option to exchange ether for bitcoin, euro, US dollar, Canadian dollar, pound, and yen.LeverageAdditionally, Kraken announced changes to its margin trading program last week, with increased leverage for ETH/XBT (up from 2.5x to 4x) and new support to three pairs: ETH/EUR, XBT/USD and ETH/USD, all with up to 3x leverage.Ethereum also became a margin currency on Kraken, meaning that an ETH balance can be used as collateral for the borrowed funds tied to a leveraged margin trade.Powell added: “The details get technical but there are two important takeaways when it comes to dark pool and margin trading.If traders are looking to move large sizes without affecting the market, they trade dark on Kraken.If traders want to keep fewer assets on account and they want less exposure to funding delays, they trade with margin on Kraken.These services together with our OTC desk reflect the growing professionalism of our client base and our exchange.”Margin trading on Kraken remains available only to non-US residents, the San Francisco-based exchange reminded its clients.
xDon't stay behind!Sign up for our newsletter and get all the hottest news in your inbox daily.* First Name Last Name Email address* I would also like to receive business enhancing offers and promotionsComments Report News First NameLast NameEmail message*Email Found a mistake?dogecoin developmentFirst Name*Last Name*Email* message*Phonebitcoin hyip reviewDon't Panic: Why Dipping Out of Ethereum is a Mistake Written by Alexandra Perry Whatever You Do, Don't Sell Sorry.bitcoin kaufen und bezahlenI had to be harsh there for a moment.ethereum oracleSometimes investors need tough love, especially when it comes to beating a primal part of our human nature: panic.ethereum price by 2018
When investors panic, they hurt their long-term profits, especially in volatile markets heavily influenced by emotion.litecoin mining gpu softwareTo explain this concept, I want to tell you the story of how I jumped off a horse to survive a plastic bag.bitcoin stock fidelityWhen I was a teenager, my parents used to send me and my siblings to a horse riding camp once a year.bitcoin nba bettingIt was a glorious event.bitcoin live ticker euroWe each selected a horse and embarked alongside 20 other children on a slow, bumpy trek into the Sierra Nevadas.This event happened year after year without incident until 2007, which was the year my sister’s horse saw a plastic bag.Unfortunately for the whole caravan, my sister’s horse was in front.
When it balked, everyone panicked.And I, by proxy, also panicked.So, I jumped, landing on a rock and cracking a bone in my foot.I spent months in a cast, having lost a battle of wits to a piece of garbage.The moral of this story is that we are all victims of our own emotions — in relationships, in jobs, and in horse caravans.But especially in our investments.Which is why you are not going to sell Ethereum right now.Investors who put money into Ethereum should be interested in long-term profits.That means you have to stay steady when the road gets rocky.Digital currency has proven to be as volatile as gold — if not more so.We saw Bitcoin drop from a hefty $1,300 to a pathetic $213.Now it is back at $1,650 and investors who sold feel like fools.Last night, Ethereum had its volatile moment.The digital currency plummeted in value on currency exchange Kraken — a dip that caused thousands of investors to panic sell.But that is a bad move.Instead of jumping off the horse, let’s take a second to talk about what is going on.
The Kraken Attack On May 7th, Kraken was bludgeoned by a distributed denial-of-service (DDoS) attack.For those of you unfamiliar with the term, A DDoS attack is when multiple computers make the same request toward one server, eventually overwhelming it.Once this happens, the server stops responding to user requests.Only the attacker gets through to create more mayhem.And, unfortunately for Kraken, this attack occurred simultaneously with a large Ethereum liquidation — a coupling that sent investors into a tailspin.I understand that the term “hack” is terrifying.But hacking is an unavoidable part of our internet world.At least, it is with our current internet structure.Ethereum is our first step toward securing the internet.But in this instance, the hack did not cause the liquidation.After an intensive investigation, Kraken said that the two events were not correlated.The liquidation was scheduled and was already underway when the hack happened.Kraken went on to say that DDoS attacks on its service are unavoidable.
Sadly for the investors on Kraken, Ethereum’s plummeting in the platform did hurt.Because of the way the service is structured, the two events happening at the same time fueled investor panic.And Kraken does not offer reimbursements to investors in the case of a technical malfunction.In Kraken's mind, the dip was caused by a normal market fluctuation.The panic of the hacking was not its fault.That is why we chose Coinbase as our digital currency exchange as it insures investments up to $250,000.This event was nothing more than a “plastic bag” popping into investor’s field of vision and initiating panic.Many people sold before they analyzed the threat.Avoid Ethereum Remorse In the past hour, I have heard multiple stories of seller's regret — people who cashed out at $87 watched Ethereum return to $92 in under 30 minutes.The moral of today’s story is to not panic.These investments are volatile by nature.And we are going to experience dozens of “plastic bag” situations before Ethereum has made its long-term profits.