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Kraken Review

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Followers 6

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Very good

Revainrating 4 out of 5  
Rating 
4.1
Crypto Exchanges

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Description of Kraken

What Is Kraken? Kraken is a US-based cryptocurrency exchange where users can buy, sell and trade various assets with relatively low commissions. Clients can also earn rewards through coin staking. The exchange has a leading level euro volume and liquidity and allows users to trade over 100 crypto assets and 7 fiat currencies, including USD, CAD, EUR, GBP, JPY, CHF and AUD, on-the-go with a web platform and mobile apps. Founded in 2011, it was one of the first few crypto exchanges offering spot trading, derivatives and index products. Today, the company offers numerous products and services, including but not limited to: spot trading, margin trading, futures, indices, stakings, OTC and an upcoming non-fungible token (NFT) marketplace. The exchange serves over 8 million traders and institutional clients, and is backed by Digital Currency Group, Blockchain Capital, Tribe Capital, Hummingbird Ventures and more. Who Are the Kraken Founders? The centralized exchange is owned by Payward Inc., founded by its CEO, crypto pioneer Jesse Powell. Powell has been working with digital currencies since 2001. He graduated from California State University with a degree in Philosophy with a concentration in Ethics & Law, founded the Verge Gallery and Studio Project, created Internet Ventures & Holdings. When Did Kraken Launch? Kraken was founded in 2011 and launched in September 2013, offering Bitcoin, Litecoin and euro-denominated trades initially. Where Is Kraken Located? The company is based in San Francisco, California. Kraken Restricted Countries Kraken is available to all U.S. residents, except those living in New York and Washington. However, Kraken Futures are not available to all U.S. residents. Currently, the platform serves millions of customers in approximately 200 countries. The company has several restrictions for the following countries: Afghanistan, Central African Republic, Congo-Brazzaville, Eritrea, Congo-Kinshasa, Guinea-Bissau, Cuba, Lebanon, Iran, Mali, Iraq, Namibia, Libya, Somalia, North Korea, South Sudan, Syria, Sudan, Tajikistan and Yemen. What Coins Are Supported on Kraken? More than 120 coins are supported on the platform, including BTC, ETH, LTC, XRP, ETC, ZEC, USDT and more. How Much Are Kraken Fees? Fees on the platform vary across different products, such as Instant Buy, Kraken Pro, Stablecoins, Margin, Futures and NFT. For the basic Instant Buy service, the company charges a fee of 0.9% for stablecoins and 1.5% for other crypto assets, on top of fees charged for different payment methods. For Kraken Pro, it uses a maker-taker fee model where maker fees range 0.00% to 0.16% and taker fees range from 0.10% to 0.26%, depending on how often a user trades each 30-day period. Is It Possible To Use Leverage or Margin Trading on Kraken? For advanced users, Kraken Pro offers margin and futures features. The platform offers up to 5X leverage. The maximum level of leverage depends on the currency pair.
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Reviews

Global ratings 99
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    61
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    11
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Type of review

Revainrating 5 out of 5

It is stable and solvent crypto exchange

I was wondering and thinking about the crypto industry lately and about the customers and their trust to different platform and exchanges. It was not a long time ago when the trust of the customers was melted. What is the use of the exchange and can I trus any of those? That was the main concern of many crypto first comers mainly due to the collapse of the famous (or infamous) crypto exchange FTX run by the Sam Bankman-Fried (now the biggest villain in the crypto space). The main issue I have

Pros
  • long history
  • secure
  • liquidity
  • friendly environment
Cons
  • US crackdown

Revainrating 5 out of 5

Kraken project, the tokens and the trade rules

Hello guys. I prefer to discuss about the Kraken project, the tokens and the trade rules. In this review, you will analyze the whole lot you want to know. It will additionally information you via the transaction technique and spotlight some fundamental content. The decision of Kraken is associated to any other excessive profile cryptocurrency crash through Gox's Mt. Hacker. They had been chosen by means of the administrator of the trade as companions to pay the lenders who grew to become…

Pros
  • innovative
  • mobile app
Cons
  • high transaction fees

Kraken, one of the most established digital currency trades, possesses Payword and Jesse Powell, chief overseer of the San Francisco-based information base in mid-2011. At the point when I exchange on this stage, I have a ton of exchanging potential, with an exchange of 0.2%. Kraken is one of the fundamental providers of cryptographic money for exchanging and giving data on costs. There are horrible alternatives for huge scope tasks to ensure against an abrupt change on the lookout…

Pros
  • Kraken has never been broken since its beginning.
  • Exchanges with cryptographic forms of money and fiat monetary standards.
  • A truly solid cryptographic money trade available.
Cons
  • No wallet determination.
  • Planning of financier resources is restricted.

Revainrating 4 out of 5

About Kraken

We are witnessing that cryptocurrencies are becoming increasingly popular among investors, traders and other market participants around the world. As a new digital asset is launched almost every day, the number of exchanges where these digital assets are traded continues to increase. San Francisco-based Kraken, which facilitates cryptocurrency trading, is a cryptocurrency exchange where market participants can trade in various cryptocurrencies. The exchange mediates participants to buy or…

Pros
  • It offers low transaction fees.
  • There is the possibility of Margin Trading with 5x leverage.
  • Provides high financial security service.
  • There are several tradeable fiat currencies available.
Cons
  • It offers limited deposit opportunities.
  • There is no wallet option.
  • Trader training resources are limited.

Revainrating 4 out of 5

Trading on a very understandable exchange for users

_ A truly flexible platform with a variety of activities to engage in, from standard trading, bots, startups to competitions, and training and development. The easy-to-use mobile app makes it easy to “cryptocurrency on the go”. I've been using it for several months and it took a while to navigate at first, but it was easy enough to pick up. They also gave me a free $ 100 sign up bonus, and I make three hundred percent of my profit every week, which is not a bad bonus. Kraken is one of the best

Pros
  • Good
Cons
  • No problems

Revainrating 5 out of 5

KRAKEN work in the most convenient and reliable exchange.

Briefly about the Kraken exchange. Having registered for the first time on the exchange, you immediately feel that the site is not focused on beginners, the platform is quite difficult for inexperienced people to understand in this area. Now for the main points: -the site is translated into only 2 languages: English and Japanese; - is considered almost the most reliable exchange (not a single hack has been recorded) and has a very good reputation in the community. To start trading on the…

Pros
  • Good
Cons
  • No problems

Revainrating 4 out of 5

Kraken bank

Kraken offers you multiple asset and asset management under the same roof. No matter how scams are, they cannot stop the future, and I personally think we will earn by increasing our deposits in cryptocurrencies and trading without panic. Control should now be given to users. Kraken is the first crypto company to get a bank contract. This gives users a little bit of confidence. Kraken states that if it goes bankrupt, all of its assets will be returned to customers. The Kraken crypto exchange is

Pros
  • reliable
  • first crypto bank
  • Trading algorithms
  • sub coin interest
Cons
  • complex

The web site is the most unstable of all the exchanges I have used. It is unavailable during peak periods for hours on end. Regular error messages when trying to trade. Customer service is a joke, all they do is say that they can't do anything as there is a specialist department for everything. Unfortunately the specialist departments never get back to you. I deposited a large amount of money into a verified business account via wire. Kraken put a hold on these funds even though they had the…

Pros
  • None
Cons
  • Can't Trade due to unstable website. No Support. Dubious practices.

Revainrating 1 out of 5

An amazing cryptocurrency trading platform

Kraken cryptocurrency exchange is one of the oldest crypto trading platform which has been in existence since 2011. Kraken is owned by payword with it's headquarters in San Francisco. Currently kraken has a trading pair on its platform which has amounted to 227 with a volume of $691million,also attracting international media as it's reputation has gone wide making it one of the leaders when it comes to crypto market. Hacking or tampering with this medium is very difficult with a strong…

Pros
  • Low exchange fee
  • Strong security with 2FA verification
  • Available on mobile app
  • Great user interface
Cons
  • No negative comment

Revainrating 5 out of 5

Kraken is simple to use and trading with supports of many pairs

Kraken, which was founded in 2011, is one of the greatest cryptocurrency options. It has surprisingly evolved and incorporated numerous new features since its inception, ensuring that all operations are concentrated under one roof. The pricing range is stored in the freezer. Simply create an account, complete the KYC process, and begin trading with a few easy steps. After completing KYC, you will have access to nearly all of the exchange's features, as well as better withdrawal and deposit…

Pros
  • Trading volumes are really good.
  • It has a high level of security.
Cons
  • nothing is negative

Revainrating 4 out of 5

Kraken is one of the best and oldest leading exchange

tKraken is one of the oldest cryptocurrency exchanges which 2as established in the year 2011, during its operations and performance it has attracted the attention and recognition of major media as one of the best exchanges, media such as Bloomberg, Wall Street Journal and Business Week. Kraken promotion of its activities and mode of operation is very active on the social media pages like Facebook, Twitter and Instagram, this has generate a greate turnover and customers interest in using this…

Pros
  • Quality assurance
  • Has social media promotion
Cons
  • None

Revainrating 3 out of 5

Kraken offers all kinds of trading options

I've been using Kraken for a few years now. Until lately, I had a positive experience. Due to their equipment failure, which caused the price of various currencies to plummet anywhere from 30% to 80% below other markets, my whole account was liquidated. I was liquidated into a negative position due to my inability to get onto my account and cancel orders or even deposit money. It is far from the truth to claim that they have the highest liquidity of any other exchange. Customer support can only

Pros
  • Has a wide range of products to choose from. Possibility of leveraging
Cons
  • Connection problems. The customer service is atrocious. Trying to make a bank transfer is a nightmare.

Revainrating 4 out of 5

This exchange makes work easier as it has a mobile app

Kraken exchange was among the first exchanges I came across which I loved it services. This exchange came from the united state of America in the year 2011. The exchange been launched in 2011, and still active till date simply means the developers are good in managing good trends. The exchange trades many crypto currencies via it mobile app or through the main website. I will always advice you to trade on the mobile application for faster and easy trading. The interface of the exchange is…

Pros
  • High liquid
  • Nice trading volume
  • Very responsible at replying users
Cons
  • Very okay with the service

Kraken is a united states based cryptocurrency exchange and bank, founded in 2011.The exchange provides cryptocurrency to fiat money trading,and provides price information to Bloomberg terminal.is also one of the largest and oldest Bitcoin exchanges in the world,kraken is named one of the best places to buy and sell crypto,it was launched two years after Bitcoin itself, kraken is one of the first ever exchanges to keep their customers's money safe, trading on kraken exchange is generally…

Pros
  • It makes transaction easy and safe
Cons
  • None

Kraken right from my registration time was easy and I downloaded the app for usage. I deposited through fiat currency and starting trading with the exchange calmly. The customer support teams are always out for us, in case of any problem, you can easily message them via telegram, gmail etc. The exchange currently has about 227 tracing pairs and a very impressive trading volume, this means the exchange will going to be deeply liquid. I hope this exchange can reduce a bit from it fees it…

Pros
  • Very popular
  • Trusted
  • Impressive trading pairs
  • Highly liquid
Cons
  • None

Revainrating 5 out of 5

Kraken exchange A reputable crypto exchange

Kraken is a well-known digital exchange with access to the world's most popular cryptocurrencies. Kraken is one of the oldest bitcoin exchanges on the market, having been founded in 2011. Its service offering has grown over time to include some of the top cryptocurrencies in the world, in addition to bitcoin. The platform is also notable for being the first stock market to appear on Bloomberg terminals. Kraken is now one of the most renowned trading platforms in the world, with the trust of…

Pros
  • Transaction costs are low.
  • An trade that is highly regarded.
  • With all the bells and whistles, this is a professional trading platform.
Cons
  • none

Revainrating 4 out of 5

Kraken exchange offers low transaction fee

Kraken is one of the best cryptocurrency alternatives, established in 2011. Since its establishment, it has unexpectedly developed and introduced many new functions to ensure that all functions are concentrated under one roof. The price range is kept in the cold storage. Just register an account, complete KYC and start trading through other simple steps. After completing KYC, you will be able to use almost all functions of the exchange and improved withdrawal and deposit options. You want to…

Pros
  • Low transaction fee
  • It has high security features
  • High trading volumes.
Cons
  • No cons at this moment

Revainrating 5 out of 5

Kraken exchange provides all features to have good trade

Kraken allows you to manage numerous assets and assets from a single location. Scams, no matter how bad they are, cannot halt the future, and I believe we will profit by growing our cryptocurrency deposits and trading without fear. Users should now have control over the situation. Kraken is the first cryptocurrency exchange to be awarded a bank contract. This instils some trust in the users. Customers will receive all of Kraken's assets if the company goes bankrupt, according to the company…

Pros
  • Algorithms for trading.
  • interest in a subcoin
  • The first cryptocurrency bank.
Cons
  • none

Today there are loads of digital actual property exchanges round the arena for every provider, relying at the desires or expectancies of the provider. Kraken is a long-time round extrusion. This transformation gives notable safety to all customers of its platform. Using an in depth authentication and withdrawal affirmation e-mail to affirm transactions, it's been confirmed to be genuine, with tons of its most safety, one of the competencies I are trying to find out in advance of time is to…

Pros
  • It has capabilities that makes buying and selling handy for specialists
  • It has a huge style of most important altcoin
  • The safety of the change is one of the first-rate presently
  • It is a worthwhile trading platform
Cons
  • It can not be used anonymously
  • The exchange is complicated making it difficult for brand new buyers

Revainrating 5 out of 5

it is really great cryptocurrecny exchange

We are seeing an increase in the popularity of cryptocurrencies among investors, traders, and other market players all around the world. The number of exchanges where these digital assets are exchanged continues to grow as a new digital asset is established practically every day. Kraken is a cryptocurrency exchange located in San Francisco that allows cryptocurrency trading. Market participants may trade in a variety of cryptocurrencies. Participants may purchase and sell cryptocurrencies using

Pros
  • Provides a high level of financial stability.
  • There are numerous fiat currencies that may be traded.
  • With a 5x leverage, Margin Trading is a possibility.
Cons
  • nothing