Cryptowatch’s native desktop application will upgrade its users’ experience to the next level. This application enables users to view dozens of market feeds all at once in a rapid phase compared to typical web-based platforms available today.
It also allows the creation of multiple boards and high-level market summaries that are all updated in real-time that can be saved in the app for future reference. Hence, suitable for traders conducting all-day, full-screen market monitoring.
Cryptowatch is owned by Kraken, a US-based crypto exchange that enables fiat-to-crypto and crypto-to-fiat trading. In creating the web version, the Cryptowatch Desktop developers used a technology called Rust to ensure the app’s resource efficiency. It also optimizes the app for a low CPU and memory footprint, high frame rate, and stability.
These events made crypto enthusiast and Bitcoin trader, Hsaka react:
Big shoutout to the folks over at @cryptowat_ch for creating one of the sleekest, high performing and lightweight crypto terminals.
A highly under developed segment in this space. pic.twitter.com/dRugnMbefs
— Hsaka (@HsakaTrades) September 14, 2020
Aside from this application upgrade, Kraken has also made some achievements in the past few months. In a published report, the Wyoming State Banking Board voted for Kraken to grant the exchange a special purpose depository institution (SPDI) license. This made the exchange the first crypto exchange regulated by the American Bank.
Despite the market depression today, the crypto industry continues to build more projects that benefit traders and investors. If this goes on, the crypto market can remain to be a prosperous industry in the years to come.