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Type of review

Revainrating 4 out of 5

Kraken and his self-assessment as the best Exchange

Kraken has always been one of the most reliable exchanges in this industry. It is a secure exchange that has a good list of currencies available that make its users want to use it more and more. The security of exchanging my cryptocurrencies with Kraken is exactly what I was looking for because most of the digital assets that enter your system are automatically saved securely in cold wallets so that no hacker has access to them. Kraken self-evaluates as the best and safest cryptocurrency…

Pros
  • Safe and reliable system
  • Good fluency
  • Good verification process
Cons
  • Daily withdrawal limits
  • It has no mobile application

Revainrating 5 out of 5

My review about Kraken exchange

Today i want to share my experience with Kraken Exchange. Kraken was one of the first exchanges is used to buy coins. I signed up on Kraken in Q2 2017 because back these days, Kraken was nearly the only serious exchange which offered a nice amount of listed coins. I used Coinbase before and bought my first Bitcoins there but, like everyone else, i wanted to jump on the altcoin hype of 2017. Coinbase only offered BTC, ETH and LTC, so i needed an alternative. The performance of Kraken was…

Pros
  • Great FIAT gateway, especially for EUR deposits and withdrawals
  • They offer all trading products i need.
  • Good amount of listed coins, keep in mind that kraken is no "we list every project who is willing to pay" exchange.
  • Serious, regulated exchange with 100% real volume.
  • No pump&dump with alts or IEO of sh*tcoins like other exchanges.
Cons
  • Trading interface is a matter of taste.
  • Fees are higher compared to other exchanges if you aren't a high volume trader.

Revainrating 5 out of 5

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…

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.

Revainrating 4 out of 5

One of the longest running crypto exchange.

The exchange has a strong reputation for security and reliability. While it could benefit from a customer service overhaul and is in need of an update to the app. It is a long established and trusted name with proven security and plenty of trading pairs. There's enough advanced features to satisfy more advanced and larger traders, not least of which is the high withdrawal limits if verified. I wouldn't recommend to beginners however as it isn't the most user friendly exchange.

Pros
  • Many fiat pairs.
  • Fees are reasonable.
  • Big limits for traders.
Cons
  • Performance has worsened recently.

Considered as one of the best exchanges according to its history and trajectory in the cryptocurrency market, it has a large number of cryptocurrencies with which it can be operated. Its security system is highly secure due to encryption technology, users who use this exchanges claim that it is a completely complete platform, apart from owning good capital, the circulation of digital currencies on the platform is very powerful. deposits can be made both in fiat currencies and in…

Pros
  • Great worldwide recognition, which makes it a great reference among many exchanges. It has one of the most complete commission essences in the market. In which the user can understand well how much he will pay in commissions when operating in Kraken. It offers its users the tool of doing margin trading (leveraged exchange).
Cons
  • Being one of the most influential exchanges, its customer service capacity is totally disastrous. It has daily and monthly withdrawal limits. On the other hand, deposits are only daily. Being one of the most renowned exchanges, its functionality is not adapted for people less experiences in exchanges.

Revainrating 3 out of 5

Dissapointed

I wanted this review to be positive, but sadly, I can't do this. My friend recommended me this platform but after few weeks of using it, I noticed a lot of crucial flaws. Not to mention the bad approach to users' suggestions. I'd not recommend it.

Pros
  • Some fiats
  • Verification process
Cons
  • It stated that it does not plan to list NANO
  • Not listening to the needs of its users
  • Bad support
  • No mobile app

Revainrating 4 out of 5

Exchange little valued.

Echange easy and fast to use especially known within the community for its efficiency in transactions. Offering facilities for use and operation for the inexperienced or simply want to buy a bit of bitcoin among other crypts. It has features that make it really attractive to use as our main exchange between them, security first of all, two-step verification, encryption of personal data, encrypted configurations of emails sent, among others. They have some problems in terms of the delay in…

Pros
  • Available transactions with fiat
  • Complete guide with frequently asked questions.
  • It is possible to start trading without needing to be verified.
  • Worldwide recognition.  
  • Good market liquidity  
  • It is one of the safest exchanges in the market.  
  • Excellent trajectory and history
Cons
  • It has few cryptocurrencies listed
  • Slowness in customer service and problem solving.  

Revainrating 4 out of 5

Kraken the exchange

- Interface The interface offers an order book, as well as a number of orders (limit orders) for trading (stop loss, stop order, take profit, etc.). You can switch between asset pairs in the top left corner, but it's pretty confusing. There will be no matched list, but scattered pairs across the screen. Trading and ordering is done in the right column. You can add notes, support lines, and resistance or Fibonacci lines to a graph that looks like a much-modified TradingView. It is not a…

Pros
  • High security
  • Deposit by EUR transfer
  • High liquidity
Cons
  • Does not offer mobile app
  • Few supported cryptocurrencies

Revainrating 3 out of 5

Kraken gives you the power to hit the ground running.

It’s equitable to say that Kraken is an option good worth considering thanks to its superb security features and low transaction fees. It’s not the best option for beginners due to its more complicated interface. This veteran Bitcoin exchange has gained a considerable amount of reputation throughout the years and doesn’t seem to be going anywhere anytime soon. I joined Kraken in Nov18. Since that time They have rocketed to the top of my worst websites I have EVER used. Constant 502 access…

Pros
  • Increasing number of cryptos .
  • Low transaction fees.
  • Margin trading and short selling.
  • Professional trading platform with all the bells and whistles.
  • Fast and free SEPA deposits in Europe.
  • Good reputation.
Cons
  • Not beginner friendly.
  • Limited payment methods.
  • Not suitable for beginners.
  • Customer support can be overwhelmed at times.
  • Poor iOS app.

Revainrating 4 out of 5

Kraken unning since 3 years but no major bug yet

Consider using Kraken if you are willing to trade cryptocurrencies directly from fiat money. Like i said before - Kraken is a reliable platform - use it if you are a business / trader that searching for crypto trading platform for the long-term of use. Kraken's API is actually pretty good and convinient to implement in your business / you website/web services. it gives you big and impressive trading data. Buy and sell cryptocurrencies in the USD/EUR markets - for our company it's much…

Pros
  • Pretty good trading fees - the maximum fees is between 0.16% to 0.26% - for the lowest value trading.
  • Kraken supports fiat money (USD/EUR) - you are able to deposit fiat money and even trade with it in the USD/EUR markets. whenever you want - you also able to withdraw your USD/EUR back to your credit card/bank account.
  • Proffesional design and user interface - it is very simple but looks very good for my opinion.
Cons
  • Most of the time, Kraken's support team takes a lot of time to response to our problems.
  • Withdraw to Mastercard takes longer to Visa card, i have checked it in several accounts in our company.

Revainrating 3 out of 5

KRAKEN

Kraken is an online cryptocurrency exchange and trading platform, specialized in margin trading services. Its services are available for traders from all around the world. The company is the top exchanger when it comes to EUR transactions while USD trade grows as well. The company offers a wide variety of trade tools and cryptocurrencies in its platform. Apart from web marketplace, the company offers iOS app as well, downloadable free from Apple Store. Android users still wait for the…

Pros
  • services are globally available
  • 14 crypto and 5 fiat currencies available for trade
  • largest EUR trader in the world
  • unverified users can trade and withdraw funds from the exchange
  • low transaction and deposit fees
Cons
  • Android devices not supported
  • registration issues still not resolved
  • only bank transfers accepted as a deposit option

Overall, this is a great exchange for anyone who is looking to exchange crypto. Its a nice layout. I have been using this exchange since I have been trading and it is by far my favourite one to use (I am located in Europe). Every transaction has gone through to my bank account in under 24 hours (excluding weekends, but that's the banks). I would only really suggest that they work on their customer support, sometimes it can take them a very long time to get back to a customer, which isn't…

Pros
  • - Nice new design - Easy to register - Easy to withdraw - Easy to purchase tokens
Cons
  • - Only has the established tokens, and doesn't have many new ones - Support can be poor in regards to problems

In my view, Kraken is one of my favorite plateform due to its reliability. I always use it to convert fiat (EUR) and coins. However, it would be a great improvement to remain adding coins, like coinbase currently do. Kraken is in my top 3 plateforms. Congratulations !!

Pros
  • - Reliable platefrom - Possibility to convert fiat - Multiple trading options
Cons
  • - Only major coins (BTC, XRP, ETH...) - High withdrawal fees like other plateforms

Overal it is a great platform to start off with. Compared to Cobinhood it the overview is easier and clearer. On the other hand the platform is kind of slow and therefor sometimes misses buy limits or stop losses. The platform needs some improvements. I use it for the long term strategy.

Pros
  • - Easy to open an account - Relatively easy to buy crypto currencies - Relatively low fees
Cons
  • - Old layout - Slow, and therefor not possible to day trade - Only a few crypto currencies are available on the platform

So many improvements in some months ! Kraken was a bit disqualified on its serious, however things seems having change. Expecting for a long time !

Pros
  • I notice some improvements in quality services of the plateforme, since last year : -Fast answer and reactive client messaging service. -More exchangeable coins than ever (more than 10). -Faster fundings than few months.
Cons
  • Maybe the exchange may list more coins and particularly stable coins to make change easier. Interface is not user-friendly, not very intuitive for novice.

I registered with this exchange before the late 2017 hype that caused many exchanged problems, so I had no issues with creating an account and funding it the next day. Their support is very friendly, helpful and instant. I required their assistance twice. Once because I made a deposit from a bank account that was not in my name and I didn't know this was not allowed. The second time was on March when I required more than 3 months old log files about an ICO I had joined using the exchange's…

Pros
  • Quick and professional support Fiat currency deposit/withdraw with minimum fees (at least for SEPA transfers from Europe) Good prices (like most exchanges)
Cons
  • Only withdraw logs from the last 3 months mention the blockchain ID. Then you get a Kraken ID. Their fully featured trading platform is not visible at first sight (trade.kraken.com) Only a 16 coins are available (plus EUR and TUSD)

Registration requires the need to provide proof of English ID and address, and does not support other languages.The cash refinancing method only supports bank transfer and does not support credit cards.

Pros
  • Supports currency transactions.The application for registration is simple, the cash-out is quick (usually 24-48 hours), the fee is low, the transaction volume is large, and the security is high. It supports computer-side and mobile-end applications.
Cons
  • Registration requires the need to provide proof of English ID and address, and does not support other languages.The cash refinancing method only supports bank transfer and does not support credit cards.

Revainrating 5 out of 5

Coinfox

Coinfox

Pros
  • This is the best bitcoin exchanger I've seen. But the most interesting thing is that in this exchanger very much appreciate their users. If a person does not understand something or does not know how, Technical Support is always ready to help. And the most important thing is that the support of Kraken answers immediately! I very long chose between exchangers, and stopped on this one. After all, in this case the most important thing is that the platform would be completely reliable. With the withdrawal of money, I thought that there would be problems, but it turned out that I was in vain worried. With the conclusion of problems did not arise, therefore, and put 5 stars. And what about the registration you ask? And registration on Kraken at the highest level, because I always like registering on the main page, do not look. I went in and immediately entered the mail, password, Name and everything, the registration process is over. In general, I concluded. Kraken is the best bikoyan exchanger
Cons
  • No cons are noticed

I'm on Binance Kucoin, Huobi, HitBTC, Mercatox, Realcoin, more too. Oh yeh Coinbase is the other lousy service American junk. Poliniex is OK but Kraken poor selection also. Support was patent but.....

Pros
  • Can't say they never gave me tier 3 as required in America......
Cons
  • Could not get the verification process with the Passport piece of paper with all kind of writing and dates and signatures and selfie all on my phone in robustly high quality which my phone won't take in reverse camera mode....