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Home Platforms Kraken
Kraken reviews
Review Score
80%
19,858 Reviews
Platform Age
11 Years
HQ Country
United States
Max BTC Savings Rate
0.25%
APR

Average rating of 80% based on 19,858 reviews.

Founded 11 years ago in 2011.

Headquartered in the United States.

Bitcoin (BTC) savings rates up to 0.25% APR.

Go to Kraken earnings calculator

Average rating of 80% based on 19,858 reviews.

Founded 11 years ago in 2011.

Headquartered in the United States.

Bitcoin (BTC) savings rates up to 0.25% APR.

Go to Kraken earnings calculator

Matt logo
Reviewed by Matt
27 April 2021 (Updated 2 July 2022)

Kraken Review, Pros & Cons and Features

Pros

tick One of the biggest crypto exchanges in the world
tick Large selection of supported cryptocurrencies
tick Very competitive maker and taker fees
tick Available in almost all countries

Cons

cross A bit complex for beginners

Kraken Reviews

Based on a total of 19,858 reviews across the web for Kraken we gave the platform an overall rating of 80%.

Kraken Rating
80%
Based on 19,858 reviews
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80%
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Kraken YouTube Reviews

Kraken Promo Codes & Vouchers

Earn 20% Referral Fees

Earn 20% on the trading fees for any friend that you refer to Kraken

Kraken Savings Accounts

Kraken Savings Interest Rates
Bitcoin
0.25%
APR
Polkadot
12%
APR
Ethereum
5.5%
APR
Cosmos
7.5%
APR
Algorand
4.75%
APR
Flow
7.5%
APR
Tezos
4.7%
APR
Kusama
18%
APR
Cardano
5%
APR
Kava
23%
APR
Mina
16%
APR
Solana
6.5%
APR

Kraken Loans

Kraken Fees & Limits

Fees
Exchange maker fee 0.16%
Exchange taker fee 0.26%
Exchange fees Maker and taker fees vary by 30 day trade volume and go as low as 0% maker fee and 0.1% taker fee for traders exchanging more than $10,000,000 per month
Fiat deposit fee tick Free
Fiat withdrawal fee tick Free
Crypto deposit fee tick Free
Crypto withdrawal fee tick Free
Limits
Crypto wallet withdrawal limit Starter accounts: $5,000 per day. Intermediate accounts: $500,000 per day. Pro accounts: $10,000,000 per day
Fiat wallet withdrawal limit Express accounts: $9,000 per day. Intermediate accounts: $100,000 per day. Pro accounts: $10,000,000 per day.
Number of free crypto withdrawals per month Unlimited

Kraken Debit Cards

Kraken Countries

Kraken's supports the following languages: English, French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino.

Kraken's services are available in the following countries:

Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antarctica
Antigua and Barbuda
Argentina
Armenia
Aruba
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bonaire
Bosnia and Herzegovina
Botswana
Bouvet Island
Brazil
British Indian Ocean Territory
Brunei Darussalam
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo
Congo, the Democratic Republic
Cook Islands
Costa Rica
Croatia
Curaçao
Cyprus
Czech Republic
Côte d'Ivoire
Denmark
Djibouti
Dominica
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Guiana
French Polynesia
French Southern Territories
Gabon
Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guadeloupe
Guatemala
Guernsey
Guinea
Guinea-Bissau
Guyana
Haiti
Heard and Mcdonald Islands
Holy see (Vatican City State)
Honduras
Hong Kong
Hungary
Iceland
India
Indonesia
Iraq
Ireland
Isle of Man
Israel
Italy
Jamaica
Jersey
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyzstan
Lao
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Luxembourg
Macao
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Martinique
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
Norway
Oman
Pakistan
Palau
Palestinian Territory
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Pitcairn
Poland
Portugal
Qatar
Romania
Russia
Rwanda
Réunion
Saint Barthélemy
Saint Helena
Saint Kitts and Nevis
Saint Lucia
Saint Martin
Saint Pierre and Miquelon
Saint Vincent and Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Sint Maarten
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Georgia
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Svalbard and Jan Mayen
Swaziland
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania
Thailand
Timor-leste
Togo
Tokelau
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States
Uruguay
US Minor Outlying Islands
Uzbekistan
Vanuatu
Venezuela
Vietnam
Virgin Islands, British
Virgin Islands, US
Wallis and Futuna
Western Sahara
Yemen
Zambia
Zimbabwe
Åland Islands

Kraken Key Data

Company
Legal name Payward Inc
Year founded 2,011
Country incorporated in United States
Headquarters country United States
Centralised tick Yes
Number of employees 250
Number of users 4,000,000
Total assets under management $10,000,000,000USD
Products
Futures exchange tick Yes
Savings accounts tick Yes
Loans cross No
Crypto to crypto exchange tick Yes
Fiat to crypto exchange tick Yes
Pro exchange marketplace tick Yes
Peer to peer exchange cross No
Margin trading tick Yes
Corporate accounts tick Yes
Instantly buy crypto with fiat tick Yes
Integrated crypto wallet tick Yes
Fast account verification cross No
Security
Cold storage tick Yes
Cold storage custodian Self custody
Two factor authentication tick Yes
Know your customer tick Yes
Credit check cross No
Regulators Regulated by FinCEN in the USA, FINTRAC in Canada, FCA in the UK, the Australian Transaction Reports and Analysis Centre in Australia and the FSA in Japan
Support
24/7 support tick Yes
Email support tick Yes
Phone support tick Yes
Chat support tick Yes
Fees
Maker fee 0.16%
Taker fee 0.26%
Exchange fees Maker and taker fees vary by 30 day trade volume and go as low as 0% maker fee and 0.1% taker fee for traders exchanging more than $10,000,000 per month
Fiat deposit fee Free
Crypto deposit fee Free
Investment Strategy
Key People
Jesse Powell
Co-Founder & CEO
Kaiser Ng
CFO
Steve Hunt
VP of Engineering
David Ripley
COO
Marco Santori
Chief Legal Officer
Jeremy Welch
Chief Product Officer
Licenses & Certifications

Useful Links

Kraken Contact Details

https://www.kraken.com/
+1 888 871 2573
+44 808 501 5031
+353 1 223 8162
Payward Ltd - 6th Floor, One London Wall, London, EC2Y 5EB
Payward Ventures Inc - 237 Kearny Street Suite 102 San Francisco, CA 94108
Crypto Facilities Ltd - 6th Floor, One London Wall, London, EC2Y 5EB
Bit Trade Pty Ltd - PO Box 21122, World Square, Sydney, NSW, 2002
Payward Canada Inc - 1100-1959 Upper Water Street, Halifax, NS, B3J 3N2
Payward Asia K.K. - Nibancho 9-3, Chiyoda-ku, Tokyo 102-0084
Payward Trading Ltd - c/o SHRM Trustees (BVI) Limited, Trinity Chambers, P.O. Box 4301, Road Town, Tortola, VG1110

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