Review on Kraken by Nickolas Landry

Name: Kraken
Item: Kraken
Rating: 4

February 22, 2021

Kraken is not noob friendly, but unmatched custody security and historic rise in users makes them a strong exchange/ wallet option.

﻿Kraken has become one of the most trusted platforms in the world to store, buy and trade Cryptocurrency. Their interface can take a little while to get used to, but once you get the hang of it, it gets easier, but still a pain in comparison to other platforms.  For high volume trades, there's a dark option available to protect against sudden market shifts. They have a mobile app that is just as clunky as the website, but also effective if you persist in learning the nuances of its functions.  Staking is available for a substantial number of coins compared to other platforms, and rewards automatically delegated and logged into a ledger that is highly visible. Multiple ways to utilize fiat, just takes time, fees an/or an account with a third party financial institution. 
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Kraken is not noob friendly, and there is a steep learning curve with many facets of their interface, fee schedule, minimum amount requirements for withdrawals and deposits.... I could go on but you get the picture. If you're willing to put the work in and take your lumps, Kraken is one of the safest bets for custody, and support will attempt mitigate any mistake﻿s with correction, and if that is not an option they have been known to issue Kraken only fee coins that at the very least, make a number of your future purchases, trades, withdrawals and deposits completely free. 
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Give Kraken a shot if you are an advanced trader, you will be able to utilize there API to great effect, and their toggle switch for beginner/ advanced/ expert interfacing  will give you the appropriate tools you need to make positive movements on their platform.
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Pros