Kraken to cancel orders across 176 crypto markets in sweeping trading overhaul

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Kraken will replace 176 trading pairs with synthetic markets, canceling outstanding orders between November 6 and November 9. The affected markets will enter cancel-only mode on November 6 at 14:00 UTC, while the replacement markets are scheduled to become available by the end of November 9. The new system will eliminate maker-fee eligibility, meaning all transactions, including limit orders, will incur taker fees. Partial fills, post-only orders and time-in-force settings will also be discontinued. The underlying cryptocurrencies will remain available on the platform, while customer balances and margin trading pairs will be unaffected.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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