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Kraken

4.6/5
Trust Score: 10/10
0.16%
Maker Fee
0.26%
Taker Fee
200+
Cryptocurrencies
centralized
Exchange Type

About Kraken

Kraken is one of the longest-running cryptocurrency exchanges, founded in 2011 by Jesse Powell. Known for its strong security practices and transparent operations, Kraken has never been hacked and regularly publishes proof of reserves.

Why Choose Kraken?

Kraken combines the trust of a decade-long track record with professional trading features. It's particularly popular in Europe due to excellent EUR support and competitive fees for high-volume traders.

Security First

Kraken pioneered many security practices now standard in the industry. The exchange stores 95% of funds in cold storage, requires 2FA, and offers Global Settings Lock for additional protection. Regular third-party audits verify proof of reserves.

Trading Features

Kraken Pro offers a professional trading interface with advanced order types, charting tools, and API access. Kraken Futures provides up to 50x leverage on major cryptocurrencies, while margin trading supports 5x leverage on spot markets.

Staking Rewards

Kraken offers on-chain staking for various cryptocurrencies with competitive rewards. Unlike some competitors, Kraken allows users to unstake most assets at any time.

Who Is Kraken Best For?

Kraken suits security-conscious traders and institutions who value transparency and proven reliability. It's excellent for EUR-based users and those seeking margin/futures trading with a reputable exchange.

Founded: 2011 San Francisco, USA

Pros

  • One of the oldest and most trusted exchanges
  • Excellent security track record
  • Competitive fees for active traders
  • Supports margin and futures trading
  • Strong fiat currency support
  • Proof of reserves audits

Cons

  • Interface less intuitive than competitors
  • Limited payment options in US
  • No debit card offering
  • Customer support can be slow

Features

spot Trading
futures
margin
staking
nft
debit Card
p2p

Fee Structure

Fee Type Amount
Maker Fee 0.16%
Taker Fee 0.26%
Deposit Fee Free for crypto
Withdrawal Fee Varies

Security Features

Two-Factor Authentication
Cold Storage
Insurance Fund
Regulated in: USA, UK, EU, Canada, Australia, Japan

Start Trading on Kraken

Sign up today and start trading with one of the world's leading exchanges.

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Payment Methods

Bank Transfer Wire Transfer SWIFT SEPA Fedwire

Supported Fiat Currencies

USD EUR GBP CAD AUD JPY CHF