How to hidden Bitcoin orders on Kraken

Kraken, one of the oldest and most popular cryptocurrency exchange platforms, allows orders through the Dark Pool service. Already active, its operation is described in a post on the blog of the exchange.

Basically those who want to do maxi operations that often make “fear” or make the market too euphoric, will have the right not to show other users this order during and after its execution. This order will therefore not appear in the Kraken pools and order charts.

The service is only active for users with minimum Tier2 identity verification. An additional fee is applied to the transaction of 0.10% and it is possible to hide the order only for amounts above 50 Bitcoins. Kraken also explains on the post: “the dark pool will accept orders for trading between bitcoins and EUR, USD, JPY or GBP Dark-pool combinations are indicated by a” d “extension (eg XBT / XBT / USD.d). “

To date the function is active only with Bitcoin. To use it you need to register on Kraken.