Kraken upgrade delayed due to technical issues

Kraken cryptocurrency exchange promised to undergo a system upgrade on January 6, but currently it is being delayed due to technical issue of the system
07 January 2018   265

Kraken Exchange is well-known as a US based prominent Bitcoin exchange operating in Canada, the EU, Japan, and the US, and “the world’s largest Bitcoin exchange in euro volume and liquidity”.

Initially, Kraken stated that a system upgrade would be performed on January 6 at approximately 22:00 UTC (2 pm PT).

Kraken services will be offline for about 2 hours during the upgrade, possibly longer. Withdrawals in all currencies will be offline for an additional 2-3 hours after other systems come online. If you submit a withdrawal request while withdrawals are offline, the withdrawal will be sent after withdrawals come online again.
 

Kraken Exchange Status

Later, the messages started to appear on the Kraken Status page claiming that the upgrade would be delayed for a few more hours.

Kraken status towards system upgradeKraken Status towards system upgrade

On January 7 at 9 o'clock UTC Kraken Exchange reported that the upgrade is still being delayed due to the technical issues, and is currently presumably scheduled for Jan 7, 20:00 - 22:00 UTC.

Kraken Enables Margin Trading After System Upgrade

Magin trading was disabled on Kraken exchange from January 13 due to the major system upgrade, and from January 25 Kraken re-enabled creation of new margin positions
26 January 2018   128

Kraken cryptocurrency exchange reported that the system upgrade was maintained successfully including a new and more scalable trade engine. After the system maintenace was finished, Kraken stated that it would re-enable the ability to open new long and short margin positions at 18:00 UTC on Thursday January 25 (10am PT).

  • All unleveraged trades will be charged zero fees until January 31, 2018 (UTC)
  • Margin position, open, and rollover fees are reduced to 0.005% until January 31, 2018 (UTC)