kraken

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"Strategic" maintenance

The futures platform strategically goes down for maintenance or there are errors on the platform restricting access to futures section whenever there are big moves in the market. Basically they stop retail traders from using leverage trading to their own benefit, stopping you from closing out losing positions or repositioning to make the most gains from your trades. This has happened on at least 4 occassions in the last 2/3 months during big crypto moves. This platform is a scam with a fancy UI, DO NOT TRUST. The UI is absolute plop as well, just looks alright, complete pain in the arse to use.EDIT: Kraken response is that maintenance is shown on their page? If you look at the page you will see that they "planned" the maintenance the day of the blackout and didn't issue any other notification or warning to users. Scam blackout, designed to screw users out of money. As was the last one, and the one before that, and the one before that. Not good enough. Oh I also didn't mention the scam wicks that Kraken gets that no other DEX gets 🤣 20% move out of nowhere just to clean out longs/shorts, but somehow nobody's orders ever get filled, go figure. Scaaaaaam

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Date of experience: Jan 27, 2025