Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

What are the possible trading modes?

Last updated: 1 красавіка 2025 г.

Our trading engine employs a number of trading modes to assist clients with managing their API connectivity and pending (open) orders during scheduled maintenance and unforeseen service downtime.

The trading modes indicate the type of orders that can/cannot be placed, whether pending (open) orders can be cancelled and whether any order matching (trades) can occur.

Any change to the current trading mode will be provided via the REST SystemStatus endpoint, the WebSocket v1 systemStatus messages, WebSocket v2 status messages, and the status API.

Outside of the APIs, the current trading mode may also be published via our status page, indicated on the trading pages of the kraken.com and via the Kraken Pro mobile app.

Trading modes

Online	Markets are operating normally. All order types may be submitted and order matching (trades) can occur.
Maintenance	Markets are offline for scheduled maintenance. New orders cannot be placed and existing orders cannot be cancelled. No order matching (trades) will occur.
Cancel Only	Pending (open) orders can be cancelled but new orders cannot be placed. No order matching (trades) will occur.
Post Only	Only limit orders using the post only option can be submitted. Pending (open) orders can be cancelled. No order matching (trades) will occur.
Limit Only	Only limit orders can be submitted. Market orders will be rejected. Pending (open) orders can be cancelled. No order matching (trades) will occur.

Example

Using our REST API command line client, the following shows how the REST SystemStatus endpoint would return the current trading mode in both online mode and maintenance mode:

$ ./krakenapi SystemStatus

{"error":[],"result":{"status":"online","timestamp":"2021-08-21T08:29:44Z"}}

$ ./krakenapi SystemStatus

{"error":[],"result":{"status":"maintenance","timestamp":"2021-08-21T08:35:32Z"}}

What are the possible trading modes?

Example

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