Kraken's Cryptowatch ships desktop trading terminal for expert traders

The Cryptowatch platform, a subsidiary of the Kraken exchange, announced on Tuesday the release of its desktop-based trading app.

Cryptowatch is a trading terminal that aims to group most market data and exchanges under one roof.

Traders using the platform are able to connect their accounts across many popular exchanges and place orders on all of them through a single interface.

Up until now, the platform could only be accessed through a web browser.

The launch of Cryptowatch Desktop, an application for Windows, MacOS and Linux, aims to provide a similar experience while benefiting from faster native performance.

Tests made by the team and some external observers seem to show that the desktop platform has a stable memory footprint of 50 Megabytes, while the web-based alternatives eventually come to use more than three Gigabytes.

Cryptowatch Desktop's features are still somewhat limited compared to the web version, but that is expected to change over time as development continues.

"Somehow the world became okay with everything happening in bloated, laggy web applications. We reject this as the end-all application stack and are breaking new ground with Rust. As part of the platform's development, the company sponsored iced, a Rust-based open-source framework for building graphical interfaces. The team wanted to test the idea that Rust could be used to build graphical software, and the"results are incredible," said Clark Moody, project manager of Cryptowatch Desktop.

Representatives from Cryptowatch told Cointelegraph that they "are evaluating using WebAssembly for certain parts of the future web platform.

Cryptowatch is accessible for all, but it is primarily targeted for expert traders who may need a higher level of performance and speed than what is offered by standard exchange interfaces.