r/Kraken

Image 1 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
Image 2 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
Image 3 — Title: Does transferring LTC between platforms mess up your P&L for anyone else?
▲ 2 r/Kraken

Title: Does transferring LTC between platforms mess up your P&L for anyone else?

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Hey everyone,

I’ve noticed something weird with my portfolio P&L.

Sometimes I transfer Litecoin (LTC) from one platform to another and later transfer it back. These are obviously just transfers of my own coins, so there shouldn’t be any actual profit or loss involved.

However, the portfolio overview sometimes seems to treat these movements as P&L. For example, my P&L can suddenly show a large loss even though I haven’t actually lost that amount of money. I’ve attached some screenshots showing what I mean.

Financially it doesn’t really matter, but psychologically it does affect me a bit. Seeing a big red P&L number can mess with my perception of how I’m actually doing, especially when I’m trying to keep a clear and objective view of my trading performance.

Has anyone else experienced this with LTC transfers (or transfers of other cryptocurrencies) between platforms?

Is there a way to prevent transfers from being counted or displayed as P&L, or is this simply how the portfolio calculation works?

Curious if anyone else has noticed this.

u/Upper-Profile-637 — 1 day ago
▲ 26 r/Kraken

Krak Card to the USA!

Super happy that they finally brought the Krak card to the US. About to order my physical one. Not so sure about the name “Krak Card” though 😅…

Thanks again to the Kraken team!

u/BrilliantMuscle1152 — 1 day ago
▲ 4 r/Kraken

PSA

So I just got a call from “kraken security” initially an automated one saying there was an unauthorized withdrawal request, later I got a call from a California number with a man on line who asked some questions and verified my email. He asked if I had a balance that could have been targeted, I told him I only had 100-200 bucks in the account and hadn’t been logged in for months, and then he just hung up.

So caution because someone is trying to scam people, I guess when I told him there was only a couple hundred bucks he decided it wasn’t worth the effort.

reddit.com
u/Impressive_Ad_4651 — 1 day ago
▲ 8 r/Kraken

15 Winners 15 ETH (15 Years Kraken)

Hey everyone,

Does anyone have any experience with how many tickets are usually needed to have at least a slight chance of winning?

How many tickets have you collected so far, and how many more does it say you need to reach next top %?

I’m just curious to see how many tickets everyone has. Since the app shows your current percentile ranking, I’m hoping to get a rough idea of how many tickets people have and what the overall competition looks like.

Good luck to everyone :)

reddit.com
u/Ok_Comment3678 — 6 days ago
▲ 109 r/Kraken

Got mine today

I’ve used kraken and now krak for a while. I had an orange card first and now got an offer for this new design. Love it

u/Perfect_Jicama_8023 — 9 days ago
▲ 50 r/Kraken

My physical Krak Card just arrived! Can’t wait to start using it. Thanks, Kraken!

u/Caverio — 9 days ago
▲ 7 r/Kraken+1 crossposts

Kraken Prop AMA Thread - Wed Aug 12 @ 1PM ET 👇 - Submit your Qs

************ AMA RESCHEDULED TO WEDNESDAY, AUGUST 19th @ 1PM ET ************

Kraken Prop is expanding — crypto, and now tradfi like Nasdaq 100, S&P 500, with more index markets on the roadmap.

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Drop your questions below. On August 12, or ahead of the scheduled time! Our team will be here answering as many as we can, live.

This thread stays up after, so it doubles as a permanent Prop FAQ.

u/krakenexchange — 10 days ago
▲ 5 r/Kraken

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u/krakenexchange — 8 days ago