Personalize your buying and selling technique with Customized Orders « Kraken Weblog

We’re working laborious to present you new methods to attach and transact with crypto. Our purpose? To empower you with the instruments that you must attain monetary freedom by means of cryptocurrency.

Our latest function – Customized Orders – makes it simpler than ever to commerce crypto on the value you need, proper from the Kraken app. Customized Orders allow you to set a particular value on your crypto purchases, gross sales, or conversions.

Customized Orders provide the peace of thoughts that comes with realizing your commerce will execute on the value you set. This eliminates the necessity to continually monitor value actions available in the market and lets you streamline your crypto buying and selling methods.

Say you wish to purchase 0.1 BTC if the worth dips to $29,000. If you create a Customized Order, you’ll set a goal value of $29,000 and an quantity of 0.1 BTC. The transaction will execute routinely as soon as the goal value is reached.

Customized Orders come in useful if you wish to:

• Purchase crypto if the worth dips 
• Promote your holdings when the worth hits a excessive
• Be a 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 worth dips 

Working in tandem with the Recurring Purchase and Prompt Purchase options, Customized Orders provide you with much more flexibility to commerce crypto the way you need. As a result of every of those options assist a number of fee strategies, it’s simpler than ever to fund your most well-liked buying and selling technique.

Signal into the Kraken app to strive Customized Orders at present.

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Whereas Kraken will try to fulfil Customized Orders on the chosen value as soon as the Customized Order is triggered, there isn’t a assure that the order will execute on the value chosen within the Customized Order and the Customized Order might not execute instantly after the Customized Order is triggered.