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221 Review
178.25 Karma

Review on Kraken by Inioluwa Okedeji

Revainrating 4 out of 5

Kraken: A Cryptocurrency Exchange Bound To Give Users The Awesome Trading Experience.

Kraken is a cryptocurrency exchange based in the United States and proudly founded by Jesse Powell. Since its establishment in 2011 it has continued to provide with awesome trading experience. Being one of the largest cryptocurrency exchange in the world, one should expect nothing short of a top notch trading experience when making use of the platform and enjoying its awesome features.
The first thing one would notice on this exchange is its user interface which is quite attractive and can be sure to keep merchants and traders glued to the platform. Because as we all know that first impression lasts longer and isn't quite easy to shake off, the interface being very attractive will help to keep merchants coming back for more trading experience.
Since its establishment, Kraken has developed and grown rapidly even though it went through some trying times during its earlier years, which is quite normal for all developing projects to but right now it proudly boasts of being one of the largest exchanges in the world.
In other to accomplish its vision of providing a safe and cheap transaction and trading, the platform's security is highly fortified, such that it hasn't recorded any case of security breach since its inception which further proves the fact that the Kraken exchange plaform is one of the best exchanges around where users can get the ultimate trading experience.
Another important feature of this exchange is the conversion of cryptocurrencies to fiat currencies which will allow users convert their cryptocurrency assets into their local currency easily. Other trading features available are spot trading, margin trading and future trading all these and more are available on the Kraken exchange ensuring that users enjoy the ultimate trading experience.



Pros
  • Kraken platform's user interface is simple and very attractive.
  • The platform features easy conversion of cryptocurrencies into fiat currencies.
  • The exchange features a high security to ensure the safety of assets maintain the privacy of transactions.
  • It features steps and sections for different levels of traders and merchants both beginners and professionals alike
Cons
  • I can't point out any shortcoming in my experience but it is said that trading fees are considerably high in comparison to other exchanges.

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