Kraken Dark Pools and decentralized Dark Groups!
Kraken was founded in 2011 and has become one of the best centralized Exchanges offered by the current market, since in Kraken we have many options to operate, for example, we have the option to buy, sell and exchange cryptocurrency using FIAT money or with Another cryptocurrency.
Because it is a centralized exchange, we have a very safe exchange full of many security measures, but what makes it more special is that we can buy and sell cryptocurrency using US and Canadian dollars, Japanese yen and euros and we can use cryptocurrency Important such as Bitcoin and Ethereum until those who have increased their popularity these years: EOS and Monero.
In 2015, KRAKEN added new functions to its platform which made it grow much more, enter new features include the Dark Group or known as Dark Pools, causing KRAKEN to become a platform that accommodates each type of traders, whether they are Small investors or large investors. At the time of writing this Post, the Dark Pools are not currently available, but I was able to know many things about it.
Functioning:
The way it works in Kraken is that all the orders of Dark Pools can be combined with other Dark Pools orders where the orders of the market are eliminated, because only limit orders are allowed which only run when they cross each other, by Reason The minimums are very large and the distinction of rates between a Taker and Maker is eliminated, which creates that all operations have the same tariffs.
Limited orders allow us to provide an operation with a preión that is more favorable to us, that is, allows us to define which will be the minimum price to which you want to sell a cryptocurrency and the maximum price for which you would buy a cryptocurrency, it is a way we can buy Or sell shares without passing the limit established by us, of course these limits are not shown to others.
Another thing that we must take into account is that trading can not be done with margin, this method in a few words, is based on using the funds of a third party, which gives users a greater source of capital and thus be able to have higher Profits. With this it is meant that users should not have money from other people, but should be of their own capital.
Many platforms work in decentralized forms, which allow us to negotiate our cryptocurrency anonymously and very safely, in addition, these can not manipulate their prices, so, the platform is just for all its participants. For a Dark Pools a decentralized market usually has a great advantage because the business is only carried out between the two parties, without the need for a third, which is the problem with the centralized platforms.
The Dark Pools decentralized are used for those great operations that as we have already exceeded 30,000 USD which in a traditional market would cause price slide. The operation of this type of groups is that orders are divided into several fractions which can be bound again using zero knowledge tests.
Each node executes the necessary calculations where they compete between all the large orders and in this way receive the corresponding rates, but those fragments of commands that do not coincide can be reused so that it can coincide with the next group.
One of the advantages is that this type of decentralized platforms are much more anonymous, because both users and a central organization will not have any information about users within the Dark Pools, which for me would be a lot better, because what is sought With the Dark Pools is anonymous, in addition, a decentralized dark group does not depend on the liquidity groups so that the operations can be executed.
On the contrary, it depends on atomic exchanges where the third parties do not exist, since the user controls his money and his private keys, therefore, users can manage their funds and be able to do what they want and perform their exchange With the pair of cryptocurrency more easily.
Posted Using LeoFinance Beta