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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.
• 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.
Reviewed by Matt
27 April 2021 (Updated 2 July 2022)
Kraken Review, Pros & Cons and Features
Pros
One of the biggest crypto exchanges in the world
Large selection of supported cryptocurrencies
Very competitive maker and taker fees
Available in almost all countries
Cons
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
User Reviews
| Overall User Rating |
|
19,619 reviews 19,619 |
| Android App |
|
17,257 reviews 17,257 |
| Trustpilot |
|
1,710 reviews 1,710 |
| Cryptowisser |
|
457 reviews 457 |
| Revain |
|
98 reviews 98 |
| Nomics |
|
56 reviews 56 |
| Sitejabber |
|
20 reviews 20 |
| G2.com |
|
14 reviews 14 |
| iphone App |
|
5 reviews 5 |
| Traders Union |
|
2 reviews 2 |
Expert Reviews
| Overall Expert Rating |
|
239 reviews 239 |
| Crypto Vantage |
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| Nerdwallet |
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| Bitcoin Trading |
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| Decrypt.co |
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| Buy Crypto.info |
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| Coin Clarity |
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| Coin Codex |
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| Go Banking Rates |
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| Coin Beast |
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| Broker Chooser |
|
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| Crypto Coin Boom |
|
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| Show 114 more expert reviews ... | ||
Leave a Review for Kraken
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Kraken YouTube Reviews
Kraken Promo Codes & Vouchers
Earn 20% on the trading fees for any friend that you refer to Kraken
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Kraken Savings Accounts
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 |
Free
|
| Fiat withdrawal fee |
Free
|
| Crypto deposit fee |
Free
|
| Crypto withdrawal fee |
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 |
Yes
|
| Number of employees | 250 |
| Number of users | 4,000,000 |
| Total assets under management | $10,000,000,000USD |
Products
| Futures exchange |
Yes
|
| Savings accounts |
Yes
|
| Loans |
No
|
| Crypto to crypto exchange |
Yes
|
| Fiat to crypto exchange |
Yes
|
| Pro exchange marketplace |
Yes
|
| Peer to peer exchange |
No
|
| Margin trading |
Yes
|
| Corporate accounts |
Yes
|
| Instantly buy crypto with fiat |
Yes
|
| Integrated crypto wallet |
Yes
|
| Fast account verification |
No
|
Security
| Cold storage |
Yes
|
| Cold storage custodian | Self custody |
| Two factor authentication |
Yes
|
| Know your customer |
Yes
|
| Credit check |
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 |
Yes
|
| Email support |
Yes
|
| Phone support |
Yes
|
| Chat support |
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
Licenses & Certifications
Useful Links
Kraken Contact Details
Platform Comparisons
Compare Kraken With Any Crypto Platform
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