" " Announcing Kraken OTC Portal v 2.0 featuring automated settlement – Financial Tips " "
Financial Tips
Advertisement
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
Financial Tips
No Result
View All Result
Home Digital Payment

Announcing Kraken OTC Portal v 2.0 featuring automated settlement

admin by admin
February 4, 2023
in Digital Payment


The Kraken OTC desk is constantly exploring new ways to deliver a great trading experience to our clients. Our new, fast, reliable, and easy-to-use automated settlement service seamlessly integrates with our RFQ, providing access to automated trade quotes and instant settlement of executed trades, all from a self-service portal… in addition to the personalized, white-glove service Kraken OTC is known for.

What is automated settlement?

Automated settlement allows you to trade via OTC’s RFQ with the available balances in your Kraken account in three simple steps: request a quote, accept that quote and confirm the trade. Go from initial quote to final settlement within seconds.

Automated_Settlements_1

What if I like the flexible settlement I already use?

If you already enjoy access to flexible settlement – the ability to trade now and settle later – nothing has to change. Our one-on-one, person-to-person settlement experience and our global team of traders remain at your service around the clock.

How can I start using automated settlement?

Clients must first be onboarded onto RFQ. Our OTC desk traders will work with you to assess your trading needs and determine suitable settlement eligibility. Clients eligible for flexible settlement can simply select either settlement option in the OTC portal prior to quoting.

Automated settlement = instant settlement for clients who want an exact, finalized, up-to-the-second snapshot of their trade status.

OTC Portal v 2.0

Our OTC Portal v 2.0 is also loaded with upgrades:

OTC image

Your automated OTC trading experience now has more to offer than ever:

  • Exposure panel to monitor outstanding exposure
  • Price charts based on your three most-traded coins
  • Enhanced visibility to your:
    • Recent transactions
    • Most-traded coins by volume
    • OTC trading history

Recent transactions (can also still be generated via email):

OTC spot trade history:

OTC_spot_trades_history_1

Options trade history:

OTC_options_trade_history_1

Options trade detail:

Automated RFQ

Our self-service RFQ allows you to generate your own instant trade quote for $100K+ of any eligible cryptoasset up to a maximum of $1M (which can be increased on a case-by-case basis). New RFQ features include:

  • Stablecoin trading: USDT/USD, USDT/EUR, USDC/USDT, USDC/USD, USDC/EUR
  • Quotes available by lot size or by base currency transaction amount
  • “Max trade size” and “Max amount” per asset displayed in the UI
  • Indicative pricing for OTC clients without RFQ access

There is a maximum number of coins that can be purchased per trade. This maximum can vary and the current limits are always available in the OTC portal FAQ. Even though there are per-trade maximums, an unlimited number of trades can be placed. Eligible assets are shown below:

Note: Listed max trade sizes are examples only, see the OTC portal FAQ for current max trade sizes

Simply accept your automated buy or sell quote and your trade is filled – without ever having to worry about navigating fast-moving markets or those for coins that might be less liquid.

RFQ_page_1

Already a Kraken OTC client? Try out the new RFQ and OTC Portal v 2.0 today! If you’re new to OTC and want to learn more, learn what OTC can do for you.


These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets and you should seek independent advice on your taxation position.

Like this:

Like Loading…



Source link

Previous Post

Debate Intensifies Over Significance and Implications of Ordinal Inscriptions on Bitcoin Blockchain – Bitcoin News

Next Post

Genesis unsecured creditors’ committee appointed

Next Post

Genesis unsecured creditors' committee appointed

Recommended

Kraken’s staking down, FTX post-bankruptcy hell, Binance news…

February 11, 2023

5 questions with … HSBC USA Head of Global Payments Tom Halpin

January 25, 2023

Don't miss it

Investment

Economic Value of Equity (EVE): Protection from Rising Interest Rates

March 23, 2023
News

How Much Do Real Estate Agents Make?

March 23, 2023
News

Do Kwon faces fraud charges from US prosecutors hours after arrest

March 23, 2023
Digital Payment

Chungos, Bit Bears by Berachain, Ghost Boy, 9 ZONES, and more collections added to Kraken NFT

March 23, 2023
Digital Payment

Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access – Bitcoin News

March 23, 2023
Banking

Mangopay Acquires Payment Orchestrator WhenThen

March 23, 2023

© 2022 Financial Tips News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

© 2022 Financial Tips News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/