Kraken to Cancel Orders on 176 Pairs in Move to Synthetic Trading
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Kraken's shift to synthetic trading will cancel orders across 176 pairs, with customers required to place new orders in replacement markets.
Kraken will cancel orders on 176 trading pairs as part of a transition to synthetic trading, according to The Defiant.
Customers will need to submit new orders once the migration is complete. Existing orders will not carry over to the replacement markets.
The replacement markets will apply taker fees to limit orders as well, changing the fee treatment customers may expect when using that order type.
Source: The Defiant
