Kraken Pro Adds TWAP Orders for Large Trades

Kraken Pro has launched time-weighted average price (TWAP) orders for large trades, aiming to reduce volatility and slippage.

The new feature allows users to set a window from one minute to seven days for the order execution, breaking down the trade into smaller child orders distributed through the selected period.

Kraken Pro's TWAP release follows other recent changes aimed at more active users, including raising ETH/USD spot-margin leverage to 20x in select markets.