High resolution and high quality data
Founded in 2011, Kraken has been a firm pillar in driving awareness of crypto to the masses. Their data transparency and quality ranks among the highest in the industry. According to Nomics’ list of most transparent exchanges, Kraken ranks #8 in the world by average volume. This bodes extremely well for algorithmic trading, where both clean data and high volume are necessary. This is a welcome addition to our growing list of high quality exchanges.
This trustworthiness is a result of offering exact trade data. Meaning that traders know exactly what spread they are getting and can be certain of volume. From the perspective of algorithmic trading, this clarity is an obvious boon, and keeps with our standard in partnering with high quality exchanges.
As the value of crypto has ballooned, so has the cybersecurity arms race. Kraken boasts strong cyber security hygiene, via cold storage, restricted access, and 24/7 physical security. These traits are reinforced with regular penetration testing and a bug bounty program.
You may be thinking ‘that’s cool but what’s in it for me?’
Of note, if both password and 2FA are compromised, Kraken offers a global settings time lock. This serves as a last line of defense, which prevents changes from being made and hides sensitive information.
Additionally, they offer some of the most granular API key permissions across the top exchanges.
Here are our supported coin pairs:
If we missed a coin pair, let us know and we’ll add it!