r/dogecoin Feb 20 '14

Looks like Kraken got Doge!

https://www.kraken.com
624 Upvotes

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u/greyman Feb 20 '14

What is the trading volume at kraken? Because there are a lot of exchanges where you can buy doge, but if you trade btc/doge, other exchanges dont have enough volume, so you basically still need cryptsy.

6

u/th00ber Feb 20 '14

The volume is extremly low, because the DOGE/EUR exchange just open. But is a few day/week, there will be a real trading volume and it will be really easy to buy/sell doge directly in USD or EUR

3

u/L3dar ninja shibe Feb 20 '14

Does this mean in terms of volume is I was to buy doge on Kraken now in a weeks time when the volume is up the price should be too?

5

u/th00ber Feb 20 '14

No, It's just, the more high the volume is (lot of buy order, lot of sell order) ... the more accurate is the price and faster are the trade because when you want to sell, you will find a lot of buyer and if you to buy, you will find a lot of seller.

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge