
Introducing the new Markets tab on Kraken Pro web
Kraken has just unveiled its brand-new Markets tab on Kraken Pro’s website. This innovative tool is designed to provide users with a comprehensive overview of market trends, performance analysis, and seamless trading opportunities. The new feature aims to revolutionize the way traders navigate and exploit market dynamics.
With the introduction of the Markets tab, Kraken Pro now offers an unparalleled level of insight into digital asset categories. For the first time ever, you can visualize market sentiment across multiple dimensions using real-time category indices. This groundbreaking approach allows users to quickly identify sector-wide trends, drill down into specific assets, and capitalize on emerging opportunities.
The new tab features a robust set of tools that enable traders to gain unparalleled visibility into the crypto landscape. By examining 14 broad asset categories – including Layer 1, DeFi, Gaming, Meme Coins, and more – users can discover hidden gems and uncover trading potential that may have otherwise gone unnoticed.
One of the most powerful aspects of this feature is its ability to display category indices. These indices represent a macro-to-micro view of digital assets within each group, providing an instant snapshot of market activity. For instance, you could be watching Layer 2 coins and see they are showing upward momentum over the past day. This would enable you to pivot quickly to the top movers within that sector, giving you the edge in fast-moving markets.
Another game-changing aspect is its heatmap visualization tool. By visualizing performance across multiple dimensions, users can quickly identify trends and hotspots within each category. No longer will you need to sift through endless market data; instead, you’ll be able to zoom in on specific areas of interest with ease.
But that’s not all – the Markets tab also includes an interactive table that allows for filtering by quote currency (USD, EUR, BTC, etc.), token ecosystems (Ethereum, Cosmos, Solana), or even “Hot” markets. This feature enables traders to quickly scan for high-volume altcoin trades, stablecoin pairs with unusual price action, and more.
To further enhance the user experience, Kraken has also introduced an auto-filtering system that allows users to zero in on a specific category of interest. Say you identify a hot sector – all you need to do is switch to the Category Index Markets or heatmap, and you’ll instantly see only those assets within that group that are worthy of your attention.
In today’s fast-paced crypto market, speed and agility are more crucial than ever. That’s why Kraken has made sure that every aspect of this feature can be accessed with lightning-quick speed. Whether you’re looking to spot trends, identify top performers, or start trading immediately – the new Markets tab on Kraken Pro ensures a seamless experience.
As a result, traders will no longer need to juggle multiple screens and tools; instead, they’ll have access to all the insights they need in one location. This groundbreaking innovation is set to revolutionize the way traders approach market analysis, providing unparalleled transparency into market dynamics.
Kraken has always been dedicated to providing the most innovative and effective trading platforms for its users. With this new feature, we’re proud to be pushing the boundaries of what’s possible in crypto asset management.