Bitcoin

Kraken has refined its services to OTC for the big crypto-investors

20 February 2020 by Océane

The crypto-stock exchange Kraken incorporates a new formula on its platform, dedicated especially to the investors on the OTC market. It is a dashboard that shows real-time prices of the crypto-assets, in order to facilitate the task of users in the confrontation of buy and sale.

A solution very rich in options

The RFQ is a tool that allows customers OTC platform to ask for a quote for orders of purchase or sale, directly from a dashboard that supports all the pairs of trading in fiat currency and crypto.
This new tool would also allow the acceptance or rejection of the quotation on the same interface while retracing all the transactions carried out in a dashboard that is easy to view.
At present, customers for the market of OTC Kraken are already informed through this new instrument and they were able to use the application effectively, including for the quotation request.

The right solution at the right time

This novelty is the sign of the latest techniques performed by the platform, as in the month of December last year, the company completed the acquisition of one of the offices OTC the most recognized in the industry, the Circle Trade.
And a little earlier in the month of January, the company would also have bought a Bit to Trade, which is the oldest site of crypto-trade australian as well as the first office OTC crypto of the country. Kraken, therefore, in the list of sites of crypto-trade’s most prestigious offering solutions otc.
Remember, in passing, that at the time when the crypto-exchange has announced the acquisition of Circle Trade, it plans to expand its staff in order to enable the company to deploy its full capacity to provide services in an increasingly transparent way.
What do you think of the launch of the dashboard’s automated request for quotation (RFQ) for Kraken ? Let us know your opinion in the comment section below.
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About the author

Jeremiah Faber

Jeremiah Faber

Jeremiah is an explorer by heart – both in the physical and the digital realm. A traveler, Jeremiah continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Jeremiah and through his business acumen has gained financial profits as well as fame in his business niche.