Review on Kraken by Fanuel PORPORTY
KRAKEN - THE CRYPTO-COINS TRADING PLATFORM
Kraken is a highly respected digital exchange office known for its access to the world's major cryptocurrencies. Founded in 2011, Kraken is one of the oldest bitcoin exchanges on the market. Over the years, its service offering has expanded beyond bitcoin to include some of the best altcoins in the world.
The platform also has the distinction of being the first stock exchange to be listed on Bloomberg terminals. Today, Kraken enjoys the trust of Japanese government officials and regulated banks across Europe, making it one of the most respected trading platforms.
Kraken is a leader in digital currency trading for "serious and professional traders". The platform is designed for the sophisticated trader and provides access to many desirable features such as fast execution speed, margin trading and high liquidity. Kraken offers comprehensive services for the crypto investor, such as the ability to buy and sell bitcoin and exchange digital tokens for fiat money.
The trading platform is also transparent, providing evidence of reserve audits and a high level of security.
Pros
- A highly respected exchange
- Low transaction costs
- Professional trading platform with all the bells and whistles.
- Margin trading and short sales
Cons
- Not suitable for beginners
- Customer service can sometimes be overwhelmed, which slows down service.
