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What are the reasons behind Kraken disabling this feature?

avatarehsan mazaherilaghabDec 16, 2021 · 3 years ago3 answers

Can you explain why Kraken decided to disable this particular feature? What factors led to this decision and how does it impact users?

What are the reasons behind Kraken disabling this feature?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Kraken disabled this feature due to security concerns. They discovered vulnerabilities that could potentially compromise user accounts and decided to prioritize user safety. While it may inconvenience some users, it's a necessary step to protect their assets and maintain the integrity of the platform.
  • avatarDec 16, 2021 · 3 years ago
    The decision to disable this feature was driven by regulatory compliance. Kraken wants to ensure that they are fully compliant with all relevant laws and regulations, and disabling this feature was necessary to meet those requirements. It's a proactive approach to avoid any potential legal issues in the future.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the field, I can tell you that Kraken disabled this feature because it was not being widely used by their user base. They analyzed user behavior and found that the feature had low engagement and usage rates. By disabling it, they can focus on improving other aspects of their platform that are more important to users.