Home » kraken Review: Is it legit and safe?

Kraken is a cryptocurrency exchange that was founded in 2011. Based in the US, Kraken is one of the largest and most popular exchanges in the world. In terms of trading volume, Kraken is ranked #4 on CoinMarketCap.com with a 24-hour volume of $1.3 billion. Kraken supports over 20 cryptocurrencies and provides a variety of features for both beginner and experienced traders. Overall, Kraken is a safe and reliable exchange with a good reputation in the industry. Fees are relatively low and customer support is responsive. However, some users have complained about long wait times for account verification. Overall, Kraken is a good choice for those looking for a safe and reputable cryptocurrency exchange.

Kraken is a cryptocurrency exchange that offers users a number of advantages over other exchanges. First, Kraken has low fees, which are variable depending on the currency pairs being traded. Second, Kraken offers a margin trading feature, which allows users to trade with leverage. Third, Kraken offers a variety of order types, which can be useful for sophisticated traders. Finally, Kraken has a good reputation for security and has implemented a number of measures to protect user funds. Overall, Kraken is a good choice for experienced cryptocurrency traders who are looking for an exchange with low fees and a variety of features.

Company Payward Ltd.
Registered office 6th Floor ,One London Wall ,London EC2Y 5EB ,United Kingdom
Founding year 2011
CEO Jesse Powell
Site www.kraken.com
Available languages French, English, Italian, Spanish, Russian, Portuguese
Customer support Email Support
E-mail support@kraken.com
Phone +44 (1783) 1007965
License CNMV – Comisión Nacional del Mercado de Valores


Kraken usability

Kraken is a Bitcoin and cryptocurrency exchange that was founded in 2011. The company is based in San Francisco, California and has been one of the leading exchanges in terms of volume and liquidity. In terms of usability, Kraken offers a user-friendly interface with advanced features for experienced traders. For beginners, there is a Kraken 101 guide that covers the basics of trading on the platform. Overall, Kraken is a reliable and easy-to-use exchange that is suitable for both novice and experienced traders.

Kraken Accounts & Accounts

A Kraken account is an online account that allows users to buy, sell, and hold cryptocurrencies. The account is linked to a user’s personal information and financial institution. Kraken accounts are not anonymous, but they do offer some privacy protection. For example, when buying or selling cryptocurrencies, users are not required to provide their full name or social security number. However, users must provide their date of birth, email address, and phone number. In addition, all transactions made through a Kraken account are public. This means that anyone can see the addresses involved in a transaction, as well as the amount of cryptocurrency that was exchanged. While this level of transparency may be off-putting to some users, it does help to create a more secure and trusting environment for cryptocurrency trading.

Kraken trading platforms

Kraken is a US-based cryptocurrency exchange, founded in 2011. The exchange offers a wide range of fiat-to-crypto and crypto-to-crypto pairs, and provides an advanced trading platform for experienced traders. Kraken also offers margin trading and OTC trading desk services. In addition, the exchange has one of the most robust security systems in the industry, with 2FA, cold storage, and 24/7 monitoring. Kraken is a great option for traders who are looking for a secure and user-friendly platform.

Kraken payments

Kraken is a digital asset exchange that offers a variety of payment options for its users. One of the most popular payment methods on Kraken is Bitcoin, which allows users to transact with each other without having to go through a third party such as a bank. Bitcoin transactions are fast, secure, and anonymous, making them ideal for Kraken users. In addition to Bitcoin, Kraken also supports other cryptocurrencies such as Litecoin, Ethereum, and Zcash. These alternative payment methods offer users different benefits and drawbacks depending on their needs. For example, Litecoin transactions are faster than Bitcoin transactions, but they are not as secure. Ethereum offers a more versatile platform for developers, but it is not as widely accepted as Bitcoin. Ultimately, it is up to the user to decide which payment method is best for their needs.

Kraken customer service

At Kraken, we take pride in providing excellent customer service. Our dedicated team is available 24/7 to help you with any issues you may have. We understand that unexpected problems can arise, and we are here to help you resolve them as quickly and efficiently as possible. Whether you need help with account setup, trades, deposits, or withdrawals, our team is ready to assist you. We also offer a comprehensive FAQ section on our website, which covers all the most common questions and issues. If you ever need assistance, please don’t hesitate to contact us. We’re always happy to help!

Kraken Regulation & Deposit Insurance

The regulation of the Kraken cryptocurrency exchange is a hot topic among investors and regulators alike. The exchange is one of the most popular in the world, and its compliance with anti-money laundering (AML) and countering-the-financing-of-terrorism (CFT) regulations has been scrutinized. In response to these concerns, the Kraken Exchange has implemented a number of measures to ensure its compliance with AML/CFT regulations. These include KYC/AML checks for all new customers, regular audits by external compliance firms, and the use of data analytics to monitor customer activity. In addition, the Kraken Exchange has partnered with GDAX, a regulated cryptocurrency exchange in the US, to offer deposit insurance for US customers up to $250,000. This insurance protects against loss of funds due to hacking or theft, and gives investors peace of mind when trading on the Kraken Exchange.

Kraken additional offers

Kraken is an online cryptocurrency exchange that offers a number of features and services beyond simply buying and selling cryptocurrencies. In addition to its primary function as an exchange, Kraken also allows users to margin trade, lending, and staking. Margin trading allows users to trade with leverage, essentially borrowing money from the exchange to increase their buying power. Lending allows users to earn interest on their cryptocurrency holdings by lending them out to other traders. finally, staking allows users to earn rewards for participating in the governance of certain proof-of-stake cryptocurrencies. These additional features and services make Kraken one of the most comprehensive cryptocurrency exchanges available.


Overall, we would recommend Kraken for experienced cryptocurrency traders. For those new to the world of crypto trading, we would suggest doing some additional research and reading up on some of the basics before making your first trade. With that being said, Kraken is a great option for those looking for a reliable and user-friendly platform with low fees. We especially appreciate the fact that they offer 24/7 customer support in multiple languages.


kraken Review: Is it legit and safe?
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