Kraken’s Cryptowatch Integrates Data from FTX Market to Meet Traders’ Demand

Kraken-owned premium trading terminal, Cryptowatch, announced today that it has added live market trading data from popular crypto derivatives exchange FTX.

New markets added to the Cryptowatch trading terminal include the popular BTC-PERP and US-presidential prediction markets like TRUMP and BIDEN which has been making the rounds in recent months.

The new data integration enables traders using Cryptowatch to track and analyze candlestick charts, market depth, and real-time trades from the exchange that currently ranks as the fourth biggest crypto derivatives venue by volume. Since launching in October 2019, total open interest on the exchange has risen to $400 million, with trading volumes regularly exceeding $500 million a day.

Backed by quant trading firm Alameda Research with further strategic investments from Binance, FTX is available to all non-US based traders following KYC checks. The platform offers support for both fiat and crypto, leverage up to 101x, competitive fees, advanced order types and an “auto close margin” feature that attempts to avoid nasty liquidations by auto-creating incremental close-out orders.

Commenting on the development, Cryptowatch Founder and General Manager Artur Sapek, said in a release shared with Coinfomania:

FTX has been a key player in the quickly growing crypto derivatives ecosystem, offering a high-quality platform with some pretty unique products. I think the traders using Cryptowatch will really appreciate having these new feeds to analyze and inform their view of the market. And of course, I’m personally looking forward to watching the 2020 election play out in my Cryptowatch terminal.

Similarly, FTX CEO Sam Bankman-Fried who first used the Cryptowatch website back in 2017, admitted that “it’s great to now see [FTX] trading data live on the site”

“From a top-notch charting platform to alerts, to their customary holiday re-skins, I’m excited that FTX customers will now be able to track our markets on Cryptowatch,” he added

Meanwhile, in another report about Kraken, Coinfomania interviewed the exchange’s Bitcoin Strategist, Pierre Rochard to discuss Bitcoin as sound money, the factors hindering adoption and price outlook for the next five years.

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