Review on Kraken by Aman Arora

Name: Kraken
Item: Kraken
Rating: 4

November 21, 2020

Kraken is one of the best and rapidly growing crypto Exchange

Kraken is one of the leading cryptocurrency exchange established in 2011. Since it inceptio it has grow very rapidly and introduce various new features to make sure it provide all the features under one roof. Security of funds is almost sure as most of the funds are kept in Cold Storage.  
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Easy to register an account with the exchange and simple steps to complete KYC and start Trading. After your KYC is completed, you can use almost all the features of the Exchange except higher withdrawl and deposit. You need to complete full fletch KYC to be able to Deposit and withdraw Higher amount.
 Kraken has different fees structure for its users which is based on your 30-day volume which range from 0.16%(maker) & 0.26% (taker) & If you trade more than $10M in a month, then you will charged almost no fees for all of your trades and that is why Krake is very competitive in providing quality features at lowest fees in Crypto Marketplace.
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Both Off Chain and on chain Staking is available with few top coins like Polka which I found is the best on chain staking Program. Off Chain staking is allowed as Kraken internal program which is limited to region or country you belong to. Kraken has very easy to use interface with high volume and pairs that provide range as volume of Exchange is one of the leading in Crypto Marketplace
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 Kraken offers one of the best support system even on weekends as its their protocol to solve the queries at the earliest and provide good support and have good relationship with its users and that is why it has one of the best and experience team of support staff. Kraken also offers buying & converting crypto after you complete your KYC. I've been using the exchange for over 4 months and trade top coins with ease as due to excellent liquidation, you get 
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Pros

High Volume makes Kraken one of the leading Choice amongst all other Crypto Exchange
Security of Funds due to funds kept in Cold storage with no risk of theft & Hacking
Competitive Fees structure which can offer almost zero fees with rising Volumes
Both OffChain & On Chain Staking Providers traders with Choice of keeping coins in Exchange wallets

Cons