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Kraken launches desktop trading app Kraken Desktop

On October 31st, according to The Block, cryptocurrency exchange Kraken has launched Kraken Desktop, a fully customizable desktop trading application designed for active traders. Kraken Desktop is inspired by the popular Cryptowatch tool, which was discontinued last year, and aims to provide a more efficient trading experience with proprietary charting and technical analysis tools. Kraken Desktop went live after a successful private beta, offering full access to all spot and futures markets, and new tools to enhance trading functionality and performance, according to Kraken. The app is developed using the Rust technology stack to support low-latency trading and provides advanced features such as tiered trading and automated orders. In addition, Kraken recently launched kBTC (its wrapping bitcoin on Ethereum and OP Mainnet) and plans to launch Ink, an Ethereum Layer 2 solution based on OP Stack, in early 2025.