Cryptocurrency exchange Kraken has launched Kraken Desktop, a new, advanced trading application designed for high-frequency and active traders. The desktop platform draws inspiration from the popular Cryptowatch tool, which Kraken retired in 2023, and offers a fully customizable interface for monitoring multiple real-time market feeds.
The app integrates various proprietary charting tools and technical analysis features, allowing users seamless access to all of Kraken’s spot and futures markets. Built on a Rust-native tech stack, Kraken Desktop promises low-latency, memory-efficient performance, ensuring traders can respond swiftly to market fluctuations.
Features like multi-window support, ladder trading for setting layered limit orders, and quick auto-join shortcuts further streamline trading activities.
Kraken Desktop follows a successful private beta phase and addresses the needs of Kraken’s active trading community, which plays a vital role in crypto liquidity and price discovery.
The launch also aligns with Kraken’s broader expansion efforts, including the recent debut of kBTC, a wrapped Bitcoin token, and upcoming Ethereum layer-2 platform, Ink, set to launch in 2025.
Despite recent challenges, including staff reductions and leadership restructuring, Kraken aims to strengthen its position in the market. With Kraken Desktop, the company seeks to provide an enhanced, robust trading experience tailored for serious traders, maintaining continuity for former Cryptowatch users while advancing Kraken’s trading ecosystem.
