Deposit funds to Kraken Login account, before you can start buying and selling cryptocurrency. Once the funds have been added, follow the given steps to place the order-
Instantly buy crypto on Kraken
The easiest way buy, sell and convert crypto instantly is by clicking on the Buy Crypto button located at the top of the webpage. Remember not all cryptocurrencies will be available via this option. Instant Buy/Sell transactions are subject to some fees. After clicking on “preview buy” option, you can see the applicable fees charged on the transaction.
First of all you must be aware with the assets that you would like to exchange for an instance Bitcoin buying with your USD or selling Ethereum (ETH) for euros. After knowing which pairs you are going to trade, you can select them from the ticker/quote bar located at the top left corner while viewing the Trade tab.
Base currency is the first currency written in the pair, while the second in a pair represents quote currency.
In a Buy order: you pay the quote currency, and receive the base currency.
In a Sell order: you sell the base currency, and receive quote currency.
Now as of you have selected a trading pair, you can go to the New Order page & select the Simple form.
Here you’ll find three text boxes and the option to use a market or limit order. Input values in these boxes after having complete knowledge about it
Market orders are charged higher fees known as a taker fee. With market orders you can only input the volume you would like to buy or sell and not the price.
Limit orders will is the price that you have set or we can say on what price you want to buy it, whenever the market reaches your limit price. They can be subject to maker or taker fees depending on when it executes. If a matching order already exists and it’s executed immediately, then taker fees will be charged.
After making a choice that whether you are going for a market or limit order, you can select your choice with the buttons located to the left of the Total field.
Review all the given information and enter the large buy/sell button and the control will be brought to an order confirmation screen in order to double check your order.