Cryptowat.ch

Crypto.watch is now Kraken Pro 

UPDATE as of 16 April 2024

Cryptowatch users to experience the advanced trading capabilities of the new Kraken Pro interface. Built to cater to the most discerning traders, Kraken Pro isn’t just a spot trading platform – it enables margin and futures trading, as well as staking options, broadening the scope of your crypto trading strategies.

At its core, Kraken Pro offers robust and dependable trading infrastructure. Our institutional-grade performance means you can depend on high throughput, low latency, and minimal downtime. With speed and stability that stands out in the crypto space, it’s engineered for optimal execution.

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General information

 Watch, analyse and trade Bitcoin, Ethereum, and more on every exchange from one terminal.

A visually attractive crypto data trading hub. The Kraken-owned trading terminal provides real-time cryptocurrency market data.

Website	https://cryptowat.ch/
App type	Trading analysis
Price	Free
Hardware compatibility	All browsers
Mobile app	Yes
Desktop app	Yes

Pros explained

• Visually stunning An advanced charting interface displays market trends and price movements. The design itself is visually attractive and provides a variety of customizable options. As soon as you enter it, you are faced with a block style design of the most popular cryptocurrencies, their charts, data and crypto market data in general.
• Amount of data One of Cryptowat.ch’s main perks is the amount of data collected in one place. Tons of data is available on almost every cryptocurrency, helping traders make informed decisions.
• Owned by Kraken Kraken is generally considered as a safe blockchain.It supports various crypto exchanges. Additionally, it has made trading on Coinbase Pro and more platforms simpler ever since it was bought by Kraken.

Cons explained

• Not suitable for beginners This tool is not beginner-friendly. In fact, it may be overwhelming for newcomers. Data provided on Cryptowat.ch may be confusing, and only a small fraction of experienced crypto traders are able to discover the platform’s true value.
• No cross-platform possibilities The Cryptowat.ch platform is not a cross-platform. It doesn’t include a mobile application which is a drawback in comparison to some of its market competitors. When traders leave their desktops, they are clueless about their portfolio and price movements.
• Lacking features Even though this tool provides the possibility to create an automated trading system for more advanced users, it doesn’t provide features closely related to trading. For example, it doesn’t offer margin trading and advanced trade order types. 
• Expensive Even though this tool provides the possibility to create an automated trading system, trading isn’t for free. It brings along a complex pricing mechanism based on credits. Credits are mostly in place for developer tools and alerts.

The trading terminal tool supports trading on multiple exchanges with the Cryptowat.ch account API connectivity. The trading data is supported directly from cryptocurrency exchanges via the APIs system. It covers over 4,000 markets.

Another interesting feature is known as Correlations. The tool provides you with the opportunity to dive into information and contrast markets dependent on their relationship and the needed cryptocurrency. Keep in mind that this is not suitable for beginners.

Cryptowat.ch provides another useful feature - the Liquid Bids option. If you want to compare divergent cryptocurrencies, you are going to find Liquid Bids quite useful. This feature shows the total amount of buy orders that are currently recorded for a certain crypto asset.