Kraken cancels orders in 176 crypto markets as limit orders gain taker fees

Kraken is cancelling existing orders across 176 crypto markets as part of a trading overhaul, and those orders will not transfer to the synthetic replacement markets. In the new setup, limit orders will carry taker fees. Traders with resting orders on the affected pairs need to re-enter them and should factor in the added cost of limit orders that execute as taker fills.