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Abuja
1 Level
443 Review
750.75 Karma

Review on Kraken by Amos joseph

Revainrating 4 out of 5

Kraken

The aim of kraken is to make crypto available and adoptive by users around the world the platform has been around since 2011 one of the oldest trading company around and still operating perfectly with users confidence and good rating.
Storage of some part of it's crypto are done using offline and some percentage are used for daily transaction.
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It support fiat currency for exchange trading pairs are not much due to country restriction deposit are almost free with lower cost withdrawal has limit. Company like Bloomberg, wall Street recommend kraken, only problem is since kraken is a US base company it has restriction on some countries to participate in trading.

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Pros
  • Been operating for many years now with good user rating and we'll regulated with aim of making crypto adaptive to it users
  • Has few major trading pairs with considerable liquidity and leverage
  • Good security system and friendly user interface recommended by major business sectors in the world
Cons
  • Restricted to other countries users.

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