Review on Kraken by Pedro O. Alvino M.
Considered as one of the best exchanges according to its history and…
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 cryptocurrencies, Kraken is a platform in which many consider the safest, where countries like Japan and banks in Europe have a lot of confidence, making it the most respectable in the world
Updated 5 years ago
Rating changed from 4 to 3
Now it has listed a good liquidity cryptocurrency nano in several markets. It also has a program available to Kraken customers called WebSockets Private Application Program Interface (API) that is an advertising platform for software developers who create applications to access market and trade data.
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.
