We’re working arduous to present you new methods to attach and transact with crypto. Our purpose? To empower you with the instruments you could attain monetary freedom by cryptocurrency.
Our latest function – Customized Orders – makes it simpler than ever to commerce crypto on the worth you need, proper from the Kraken app. Customized Orders allow you to set a selected worth in your crypto purchases, gross sales, or conversions.
Customized Orders provide the peace of thoughts that comes with figuring out your commerce will execute on the worth you set. This eliminates the necessity to consistently monitor worth actions out there and permits you to streamline your crypto buying and selling methods.
Say you need to purchase 0.1 BTC if the value dips to $29,000. Whenever you create a Customized Order, you’ll set a goal worth of $29,000 and an quantity of 0.1 BTC. The transaction will execute routinely as soon as the goal worth is reached.
Customized Orders come in useful if you wish to:
- Purchase crypto if the value dips
- Promote your holdings when the value hits a excessive
- Be part of a rally and purchase crypto if it begins rising
- Set a cease loss on a place and promote half of it if the value dips
Working in tandem with the Recurring Purchase and Prompt Purchase options, Customized Orders offer you much more flexibility to commerce crypto the way you need. As a result of every of those options help a number of fee strategies, it’s simpler than ever to fund your most popular buying and selling technique.
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Whereas Kraken will try and fulfil Customized Orders on the chosen worth as soon as the Customized Order is triggered, there is no such thing as a assure that the order will execute on the worth chosen within the Customized Order and the Customized Order could not execute instantly after the Customized Order is triggered.
