Dubbed KRIPPY, this personalized AI assistant aims to empower users in the crypto market.
It provides the necessary tools and information for making informed trading decisions. Let’s see more about two news from Kraken.
Meet KRIPPY: Elevating Your Crypto Trading Experience
KRIPPY excels by providing real-time trading tips customized to each user’s behavior and preferences. KRIPPY offers personalized advice for both seasoned traders and newcomers to navigate crypto trading complexities. This new feature suggests trades matching your goals and risk tolerance by analyzing market trends and user behavior.
Introducing KRIPPY, your personalized AI assistant designed to help you make the best decisions in the crypto markets.
✔︎ Real-time trading tips
✔︎ In-app risk management
✔︎ Market insights & guidanceKraken Pro 🤝 AI
Sound on 🔉 check it out ⤵️ pic.twitter.com/ohhvxtPvLG
— Kraken Pro (@krakenpro) April 1, 2024
In addition to trading tips, KRIPPY offers in-app risk management features. KRIPPY simplifies risk management in the volatile crypto market, emphasizing its importance. Users set risk parameters, and KRIPPY alerts if trades or portfolios exceed these limits. This risk management strategy keeps users informed, ensuring decisions meet their financial objectives.
More about Kraken
Specific spot trading pairs will enter ‘Cancel Only’ mode on April 4th, 2024, at 10 AM UTC, limiting clients to order cancellations only. This adjustment is a precursor to the next day’s changes.
Also, by April 5th, 2024 at 10 AM UTC, all open orders for selected pairs will be canceled and their trading will stop. Additionally, any open margin positions in REP/BTC or ZEC/BTC as of April 5th, 2024, will undergo liquidation.
ℹ️ Notice of spot trading pairs removal
Following a review of our supported markets, we have decided to remove selected spot trading pairs from trading.
More information: https://t.co/cPfXJXEQSd pic.twitter.com/DoeyszoFW2
— Kraken Pro (@krakenpro) March 29, 2024
This is likely aimed at streamlining offerings and meeting regulatory standards or market demands. Traders should adjust their strategies and prepare for these changes to minimize impact.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
