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San Francisco
3 Level
53 Review
16 Karma

Review on Kraken by Jeff Shaw

Revainrating 4 out of 5

high quality crypto asset exchange

Kraken is a very popular exchange that has strong community support because it holds a very high moral and ethical standard lead by the vocal CEO Jesse Powell. Kraken does not allow wash trading on the platform like so many other exchanges and the trade volume. In April 2020, CEO Jesse Powell has announced he is hiring an additional 350 people to support the growing exchange. He stated that due to Covid-19 and peoples interest into digital alternatives, business has never been better for Kraken.

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Pros
  • high liquidity
  • exchange trading volume
  • trusted CEO
  • transparency
  • social media presence
  • compliant with US regulations
Cons
  • competition

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