Kraken is a US-based cryptocurrency exchange, founded in 2011. It recently announced that it is launching Kraken futures for its mobile users. Now, customers need not rush home to use a laptop to order or close out a position. Kraken Futures Launched as Mobile Version for Android and IOS Users.
Earlier, access was only available on a web browser but now is available on android and IOS devices.
According to the announcement, the company offers a market-leading, high-performance web product, that provides efficient transfers between Spot and Future markets and unparalleled support services.
Kraken Futures was established earlier this year following the acquisition of Crypto Facilities, which is registered with the UK Financial Conduct Authority (FCA).
The company said:
“Additionally, we pay out a 30% revenue share of net fees to our active traders every week.”
The company offers, Ethereum, Litecoin, Bitcoin Cash, Ripple and Bitcoin futures on Kraken.
Kraken Futures claim that they make use of the robust and secure crypto transfer infrastructure of the Kraken spot market.
As per the company blog post, the new features will allow users to:
- Easily sign-in with a QR code
- See live order book and price charts
- Initiate advanced order types
- Manage open positions and open orders
- View account history
Customers can also leverage up to 50x with crypto futures. In October, Kraken made its WebSockets Private Application Program Interface (API) available to all Kraken clients.
The Websockets Private API is used for trading as it manages the private data and actions of a client directly. Kraken’s private API offers faster streaming access to its own business activity and data for customers.