What's the countdown for Germany?

I dont think so, you could do it via Bank, so I ask you "Convert my 10USD into EUR" and the bank does the conversion at market price. Look at bitstamp for example.

Ok! Im mainly interested in USD->Eur withdrawal

Thanks cyclops, we really appreciate the feedback.


I assume you mean either XBT/EUR or XBT/USD. I understand it would consolidate volume, but there are other issues involved. We'll have to think about this, but I agree that we need to be careful about fragmenting volume too much.


If you go to Account > History, you'll see a complete history of all the changes to your account balance, including changes resulting from deposits and withdrawals. Does that work, or did you have something else in mind?


Yes, we're binning the data to some extent, but I think we decided that it's too course-grained. I'll check on this and see about making it more fine-grained. As I mentioned before, some of the devs are concerned that we discourage really high frequency trading and this is the motivation behind the binning. We're not trying to discourage bot trading, but rather high-frequency trading that might give an advantage over ordinary bot trading. But I think we agreed that binning in increments of 1 BTC is overdoing it, at least given the low volume right now.


We do keep track of your cumulative daily/monthly funding in relation to the limits. Whenever you go to deposit or withdraw in any currency, you can see your "Maximum deposit" or "Maximum withdrawal" in the given currency. This tells you exactly what your upper limit is for the present deposit or withdrawal. Is this what you had in mind, or was it something different?


Thanks, it's worth noting that we have less intrusive options for those who don't need high funding limits. We've done our legal homework and only ask for what's required given your funding needs.


Thanks - we'll keep this in mind. We do want to add a variety of languages to the site.

Hi,

can you tell me why you've decided to round the order amounts in the order book, both in the UI and the API? If you want people (hint arbitrageurs) to use your marketplace, they need accurate numbers :-)

Thanks for the reply! I suppose the next question is why do you want to discourage high frequency trading? 

Seriously, I have an arbitrage bot running on the four other major exchanges and I'd like to add yours to the list. If you want a market with buyers and sellers and some liquidity, opening up to bots is one way to get that...

Is your backend a bit slow when too many people/robots connect or are you trying to control your CDN expenditure?

Well, my understanding of the idea is that we're not trying to discourage ordinary bots even though they trade pretty frequently. Rather, we're trying to discourage even higher frequency trading that might put ordinary bots at a disadvantage. I guess the idea is to prevent an unfair advantage for people who have really advanced technology. In other markets it might be a great idea, but I'm not sure how necessary it is for an exchange like ours, especially in its infancy. It's a well-intended but controversial idea, and I'm personally not an advocate of it. I'd rather just have the raw data and worry about HFT down the road if it becomes a problem. But we'll at the very least have much more fine-grained data up soon. I encourage people to weigh in on this issue if they have an opinion about it. If enough people ask for raw data, who knows, you might be able to sway the developers who favor the binning approach on this issue. 

Dargo,

There is nothing about HFT that an ordinary bot should fear. Just like there is nothing that a discretionary trader should fear about an ordinary bot.

People who have advanced technology enjoy a fair advantage (not unfair). They worked hard, invested hard and now are harvesting fruits of their labour and risks taken. There is nothing unfair about gaining advantage through hard work and capital risking.

There are however ''tools'' that can put ordinary traders and bots at disadvantage, e.g. dark pools, if their volume is non under-reported in the exchange feed.

What's the time stamping precision of data feed at Kraken (seconds milliseconds microseconds)?