I gave up on submitting an order after 15 failed try!!
CONGRATS!!!
Well, 15 tries are too low. Please understand that at present we have to give a minimum of 75 (or more) tries to get an order up and running.
You are at risk because you're trading cryptocurrencies
online . Unless you go
offline with your crypto trade, you carry on with this risk (yes, I know it's stupid and impossible to trade cryptos offline, but please check out the source below)
Source: From Kraken's very own support reply.
The quote below is only one example, but if you want more, I'm absolutely willing to provide multiple evidences and / or screen shot proof if you still are unconvinced.
This is the risk of trading electronically, especially on an online platform.
Are you joking? How should we trade cryptocurrencies offline? Im using other sites where this doesn't happen. This is not a risk of trading electronically, it's a risk to use your site Kraken.com!
Like I said, I'm willing to provide multiple evidences. They replied this on to me too. And to many other friends whom I regrettably referred to their scam in the early days.
Margin orders should have priority over the others. Nothing like having 100k in margin and not able to close it out. Lost out on a few gran today because of it. Currently trying to close a small margin and I can't been trying for the past 5 minutes.
Well, Kraken have stolen me $176,256 on
"Your order may have failed. Please refresh the page and check your orders. Contact support if necessary." error message.
Just as question. In how far is Kraken's service/performance level within legal limits?
They know very well that their service is not even close to the promises on their website and they continue to run with this level of error rates.
No, they are not within the legal limits and they will face the consequences very soon. My lawyer is on them.
A friendly note to traders: If you're still trading at Kraken, you're only doing more harm to yourself because this site could be taken down by the legal authorities anytime soon.