• Average rating of 89% based on 12,522 reviews.
• Founded 12 years ago in 2011.
• Headquartered in the United States.
• Bitcoin (BTC) staking yield up to 0.25% APR.
• Average rating of 89% based on 12,522 reviews.
• Founded 12 years ago in 2011.
• Headquartered in the United States.
• Bitcoin (BTC) staking yield up to 0.25% APR.
Kraken Crypto Platform
Kraken is a cryptocurrency exchange platform founded in 2011 by Jesse Powell. It is one of the oldest and most respected cryptocurrency exchanges in the world, serving millions of users in over 190 countries.
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 offers a wide range of cryptocurrencies for users to trade, including Bitcoin, Ethereum, Litecoin, and many others. The platform also offers a range of trading tools and resources, including real-time market data, price charts, and technical analysis indicators, to help users make informed trading decisions.
One of the main features of Kraken is its advanced trading interface, which is designed to cater to both beginners and experienced traders. The platform offers a range of order types, including limit, stop-loss, and trailing stop, to give users greater control over their trades. Additionally, Kraken offers margin trading, which allows users to borrow funds to increase their trading power.
Kraken is also known for its strong commitment to security. The platform uses various security measures, including two-factor authentication, SSL encryption, and cold storage of user funds, to protect user accounts and funds. Additionally, Kraken has set up a Security Reserve Fund to protect users in the event of a security breach or hack.
Kraken is available in both mobile and desktop versions, making it convenient for users to trade on the go. The platform also offers a Kraken Pro mobile app, which offers additional features and advanced trading options.
Another unique feature of Kraken is its OTC (over-the-counter) trading desk, which allows users to execute large trades without affecting the market price. This has made Kraken a popular platform for institutional investors and high-net-worth individuals looking to execute large trades.
However, like any cryptocurrency exchange, there are certain risks associated with using Kraken. The value of cryptocurrencies is highly volatile, and users should be prepared for significant fluctuations in prices. Additionally, the platform charges fees for trading, which can add up over time, and users may be subject to tax implications for their trades.
In summary, Kraken is a respected and advanced cryptocurrency exchange that offers a wide range of cryptocurrencies for users to trade. With its advanced trading interface, margin trading, and OTC trading desk, Kraken has become a popular platform for both beginners and experienced traders.
Kraken Reviews
Based on a total of 12,522 reviews across the web for Kraken we gave the platform an overall rating of 89%.
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Kraken YouTube Reviews
Kraken Fees & Limits
| 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
|
| 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 Supported Currencies
Kraken supports over 200 currencies including Pounds Sterling, US Dollars, Euros and Canadian Dollars.
| GBP Pounds Sterling | Pounds Sterling |
| USD US Dollars | US Dollars |
| EUR Euros | Euros |
| CAD Canadian Dollars | Canadian Dollars |
| AUD Australian Dollars | Australian Dollars |
| CHF Swiss Franc | Swiss Franc |
| JPY Japanese Yen | Japanese Yen |
| AED United Arab Emirates Dirham | United Arab Emirates Dirham |
Kraken Languages
Kraken's supports the following languages: English, French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino.
Countries That Can Use Kraken
Kraken's services are available in the following countries:
Kraken Key Data
| Legal name | Payward Inc |
| Year founded | 2,011 |
| Country incorporated in | United States |
| Headquarters country | United States |
| Decentralised |
No
|
| Number of employees | 250 |
| Number of users | 4,000,000 |
| Total assets under management | $10,000,000,000USD more ...$0USD |
| 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
|
| Crypto withdrawals to private wallet |
Yes
|
| Fast account verification |
No
|
| Futures exchange |
Yes
|
| 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 more ... and Analysis Centre in Australia and the FSA in Japan |
| 24/7 support |
Yes
|
| Email support |
Yes
|
| Phone support |
Yes
|
| Chat support |
Yes
|
| Maker fee | 0.16% more ...0% |
| Taker fee | 0.26% more ...0% |
| 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 more ... 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 |
| Crypto wallet withdrawal limit | Starter accounts: $5,000 per day. Intermediate accounts: $500,000 per day. Pro accounts: $10,000,000 more ... per day |
| Fiat wallet withdrawal limit | Express accounts: $9,000 per day. Intermediate accounts: $100,000 per day. Pro accounts: $10,000,000 more ... per day. |
| Independent proof of reserves |
Yes
|
Useful Links
Kraken Contact Details
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