1 Level
40 Review
24 Karma
Review on Kraken by Aniruddh Ravel
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 release on Google Play Store. Without Smartphone support, a large portion of the market does not have access to mobile trading experience.
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
