Kraken Futures
General
1. What are the benefits of trading on KrakenFutures?
- Leverage: Kraken Futures allows traders to trade with up to 50x leverage on top five cryptocurrencies with no margin pool restrictions
- Revenue share: Every week Kraken Futures pays out 30% of the revenue generated to all active traders. Read more here
- Maker rebate: A 2 bps rebate for ‘maker’ trades means you get paid for adding liquidity. Clients also enjoy low ‘taker’ fees of just 7.5 bps. Read more here
- Fair, transparent markets: All Kraken Futures clients have access to identical connectivity options and trading fees. Kraken Futures incentive programs are universal and fully transparent. Kraken Futures does not operate its own trading desk.
* NOTE: US and Japanese clients are not eligible to trade on Kraken Futures for regulatory reasons.
2. Why trade with Bookmap?
Bookmap is an innovative trading platform that displays the entire market liquidity and order flow. Bookmap provides full transparency of the actions and intentions of market participants.
With Bookmap traders:
- Get complete visualization of real-time Full Depth Market Data. You see the entire market data available
- Watch the Order Book & the traded volume evolution with unparalleled clarity
- Use different tools to analyze the market activity in real-time or offline, including Volume Profiles, Volume Dots, Cumulative Volume Delta, Large Lot Tracker (LLT) and many more
3. Which instruments are supported by Kraken Futures?
Kraken Futures supports the following cryptocurrencies:
- BTC
- ETH
- LTC
- BCH
- XRP
All tokens have Perpetual, Monthly and Quarterly contracts.
Read more here about the ticker symbols. Read more here about the cryptocurrencies futures
4. I’m a current Bookmap user but don’t have an account with KF, can I get the $100 value in BTC?
Yes, the first 100 Bookmap clients who open a Kraken Futures account and place a trade will get $100 in BTC to their new funded Kraken account (before processing fees)
5. Until when the $100 benefit will be provided?
The $100 will be awarded to the first 100 Bookmap clients who open a Kraken Futures account and place a trade from this account.
6. I have a Kraken account but don’t have an account with KrakenFutures or Bookmap, will I get the $100 value in BTC?
Yes. If you do not have a Kraken Futures account and you are among the first 100 Bookmap clients who open a Kraken Futures account and place a trade from this account, you will be awarded $100 in BTC.
7. How can I claim my $100 award and 50% discount on Bookmap upgrade?
After you open a funded Kraken Futures account send an email to support@bookmap.com titled Bookmap Kraken Futures Award with the details of your Kraken Futures account and BTC depositing address. After validating the details with Kraken Futures you will get your award and discount coupon.
8. How do I apply my 50% discount coupon?
The coupon can be inserted in the coupon field in the upgrade tab on your account dashboard. The coupon must be used before the end of April 2020
9. Where can I find information about Kraken Futures?
Installation / connectivity
10. How can I install Kraken Futures Adapter on my side?
Please follow the instructions in this video to set up the Kraken Futures adapter on Bookmap.
11. Is Kraken Futures Adapter the same as Kraken adapter?
No, Kraken adapter is for Kraken spot crypto exchange
12. How do I open an account in Kraken Futures?
You first have to open a Kraken account here. The set up your Kraken Futures account by clicking the Kraken Futures link on the top right corner of your Kraken account page
13. Which version of Bookmap can I use to trade with KrakenFutures?
You would need Bookmap version 7.1 or higher. Click here to download it.
14. Can I connect to Kraken and KrakenFutures simultaneously?
Yes, with Bookmap Global / Global+ packages you can subscribe to multiple crypto exchanges in parallel. With Global/Global+ You can also subscribe to Stocks and CME Futures in parallel.
Features
15. Are brackets / stop orders / OCO supported?
These orders types are supported but not as server-side orders
16. Is Iceberg supported?
Iceberg detector is not supported on Kraken Futures connection
Costs
17. Can I trade live with Bookmap FREE
Yes. The free Bookmap version supports trading on crypto exchanges. Bookmap Global and Global+ enable you to connect to multiple instruments/exchanges at the same time and supports trading in Futures and Stock markets as well. To learn more about Bookmap packages, click here.
18. What are the trading fees?
Bookmap does not charge trading fees.
Kraken Futures trading fees are 7.5 bps taker fee and -2bps maker rebate. Read more here.
For Bookmap support, please go to the knowledgebase or send an email to support@bookmap.com
For KrakenFutures support, click the support menu on your Kraken Futures account page or go to Kraken support.