Executing TWAP Buys/Sells on Kraken Pro | Users Seek Simplicity
Edited By
Liam O'Donnell
A crowd of traders is voicing their concerns about the absence of a time-weighted average price (TWAP) feature on Kraken Pro, sparking debate within the crypto community. Many are looking for easier ways to execute trades without breaking a sweat.
Current Situation
Users want a straightforward method for TWAP buys and sells of Bitcoin on Kraken Pro. Many agree that while manual trading is possible, it can be taxing and time-consuming. One active trader stated, "Creating a trading bot using the Kraken API to automate the process is a potential workaround, but it shouldn't be necessary." The lack of this feature has many reconsidering their strategies.
Community Insights
Recent feedback reveals a mix of positive and negative sentiments:
Absence of Built-in Feature: Users report that Kraken Pro lacks a convenient TWAP option, necessitating manual splitting of orders.
Alternative Suggestions: Suggestions have emerged to explore solutions via the Kraken API, echoing a growing desire for better tools.
Development Requests: Traders are urging Kraken’s development team to consider adding a native TWAP function for streamlined trading.
Voices from the Community
One trader remarked, "Hey there, Kraken Pro doesn’t currently have a built-in TWAP feature Appreciate the feedback, always looking to improve!"
Another user chimed in, "Will you please pass along my interest in the function to the Kraken Pro development team?"
Users seem divided on whether current options sufficiently meet their trading needs. As conversations continue, the pressure is building for Kraken to act.
Key Takeaways
📉 Users are frustrated by the lack of a TWAP feature on Kraken Pro.
🤖 Automated trading using Kraken API is suggested as an alternative.
💬 Community members are advocating for improvements to the platform.
As the dialogue unfolds, will Kraken respond to these user requests? Stay tuned for updates on this developing story.