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

We’re working exhausting to present you new methods to attach and transact with crypto. Our aim? To empower you with the instruments you might want to 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 to 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 always monitor value 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. Once 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 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 On the spot Purchase options, Customized Orders offer you much more flexibility to commerce crypto the way you need. As a result of every of those options assist a number of cost strategies, it’s simpler than ever to fund your most well-liked buying and selling technique.

Signal into the Kraken app to attempt 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 any 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.