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Custom Orders on Kraken
Last updated: Jan 2, 2026
Custom orders allow you to specify a target price at which your order will be executed
Custom order execution depends on where your target price is relative to the live market price:
Target price above the current market: your order will execute at your target price or higher, whether it’s a Buy or Sell order.
Target price below the current market: your order will execute at your target price or lower, whether it’s a Buy or Sell order.
If you want your order to execute immediately, please use an Instant order. With Instant orders, the price shown on the confirmation screen is the exact price you’ll receive, with no additional market slippage.
It is possible to set up a custom order with:
- 1
Your cash account balance.
- 3
More payment methods will be coming soon!
The transaction fee for custom orders is displayed on the final confirmation page of order set up.
- 1
Sign in to your Kraken account. Use the Instant widget found on the right hand side.
- 2
Select the token you'd like to create a custom order for by clicking the asset shown on the top.
Expand the Buy now drop down at the bottom of the trade widget and choose the Custom order option, you can then set a target price. This is the price that will trigger the execution of your order.
- 3
You can also click chart to set a custom target price.
- 4
Enter the amount you'd like to purchase. Then, click Buy + asset.
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A confirmation screen will appear. If all looks good, click Confirm.
- 6
That's it.
- 1
Sign in to your Kraken account.
- 2
On the left hand side, click on Activity.
- 3
Click on the Custom card under Orders. You will see a list of Open orders on the Custom orders page:
- Click on Manage next to the order you would like to edit or cancel.
- Click Cancel to cancel the order or Edit to edit.
- Clicking on Edit will update the trade/ instant buy widget on the right hand side with the order details filled in. Change the price, asset, or quantity.
After buying crypto on Kraken Web, you can set up a take-profit and stop-loss order. Take profit and stop loss orders are special types of custom orders that are directly linked to a previous purchase.
- •
Take-profit: A take-profit order sells your asset at a selected higher price, allowing you to lock in profits.
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Stop-loss: A stop-loss order sells your asset at a selected lower price, helping you limit potential losses.
How do these differ from standard custom orders?
The main difference from a Custom order is that Take-profit or stop-loss orders will be directly linked to a particular instant buy transaction. For example, if you want to invest 100 USD in BTC you can monitor that specific amount as it’s linked to your Take-profit or stop-loss order.
This allows you to easily monitor and manage the risk of individual trades.
How to set up on the Kraken Web
On your Kraken Web homepage:
- 1
Click the Buy button.
- 2
Set up an instant buy. Once you have bought crypto, you will see the option to set up a take-profit or stop-loss order.
- 3
Next you can select your target price. You can choose one of the quick selections, or select your own custom target price.
- 4
Once you choose a target price, you will see a review screen. Click Confirm if all looks good.
- 5
The View order at the bottom, shows the price you originally bought (to easily keep track of that trade's performance), and clicking on it links to the transaction receipt of your original purchase.
In order to guarantee a complete fill at your target price or better, your order may not execute even if the market reaches your target price, if we are unable to lock in that price for your full order amount.
If your custom order fails it may be due to the following reasons:
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Insufficient funds in your Kraken account balance.
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Adverse market conditions.
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System error (check status.kraken.com to see if known system issues exist).