Kraken, San Francisco and UK based business founded in 2011, is probably one of the most well-known cryptocurrency exchanges on the planet and they are also usually in the top 10 when it comes to volume. Recently times were hard for Kraken as their servers and trading engine couldn’t handle the load that was the result of the cryptocurrency gold rush that happened in the past few months. They had several outages and people all over social media were starting to lose hope that they won’t be able to use their funds on Kraken in the near future. The exchange had to delist several trading pairs and also shut down advanced order pairs in the hopes that they can keep the platform running until they manage to upgrade their configurations.

The solution seems to have arrived, in a recent blogpost they announced that they installed a new trade engine on January 13 and also made several infrastructure improvements to better handle the load of the market. It seems that they managed to fix most if not all of their problems as the outages reported on this site for February are almost non-existent.

After a test period they concluded that the new trade engine handled the load extremely well and decided to re-enable two advanced order types:

Stop Loss

Take Profit

They also added/re-enabled 10 currency pairs:

XRP/CAD

XRP/JPY

EOS/EUR

EOS/USD

XLM/EUR

XLM/USD

GNO/EUR

GNO/USD

REP/USD

ZEC/JPY

Kaken stated that they will keep adding back features they previously took down. We hope that they will sort out everything soon, as they were one of the most reliable FIAT/BTC exchanges historically.