Kraken has announced it will be shutting down its Cryptowatch trading and charting platform. The exchange is shifting its resources to enhance its core services, with plans to integrate the most popular Cryptowatch features directly into its main trading interface, Kraken Pro.

The sunset will affect all Cryptowatch products, including its Web, Desktop, and Mobile applications, as well as Cryptowatch Social and its API services. The company is now guiding users toward Kraken Pro as the new destination for their trading activities.

A Strategic Shift to Kraken Pro

Kraken is positioning its Pro platform as a comprehensive solution for advanced traders. Unlike Cryptowatch, which focused heavily on charting, Kraken Pro offers a broader range of services including spot trading, margin, and futures. It also provides access to staking options, allowing users to manage more of their crypto strategies from a single interface.

The exchange emphasizes that Kraken Pro is built on institutional-grade infrastructure designed for high performance. This foundation ensures high throughput, low latency, and minimal downtime, providing the speed and stability required for serious trading.

The Legacy of Cryptowatch

Kraken acquired Cryptowatch back in 2017, developing it into a leading platform for market analysis and charting that attracted a dedicated global user base. In its announcement, the company thanked the community for its support and feedback over the years.

Moving forward, Kraken plans to leverage the technology and user insights gained from Cryptowatch. The most valued features and functionalities will be incorporated into other Kraken products, ensuring that the platform’s legacy continues to benefit traders on their new journey with Kraken Pro.