Kraken
Rating: 3.5 / 5Kraken is a US-based cryptocurrency exchange established in 2011, just two years after the mining of the first Bitcoin block, the Genesis block. It caters to 10M+ clients from 190+ countries with quarterly trading volume exceeding $200 billion. Cryptocurrency traders can use the mobile app or the advanced Kraken Pro web-based trading platform. I reviewed this cryptocurrency exchange to determine if it is the best place for your cryptocurrency portfolios. Should you trade and invest with Kraken?
Kraken is a US-based cryptocurrency exchange established in 2011, just two years after the mining of the first Bitcoin block, the Genesis block. It caters to 10M+ clients from 190+ countries with quarterly trading volume exceeding $200 billion. Cryptocurrency traders can use the mobile app or the advanced Kraken Pro web-based trading platform. I reviewed this cryptocurrency exchange to determine if it is the best place for your cryptocurrency portfolios. Should you trade and invest with Kraken?
Broker Details
- Headquarters
- United States
- Established
- 2011
- Min Deposit
- $0
- Execution
- Market Maker
Trading Conditions
- Retail Loss Rate
- Undisclosed
Accounts & Funding
- Funding Methods
- 6+
- Deposit Options
- Credit CardsWire TransferDebit CardsOther
- Withdrawal Options
- Credit CardsWire TransferDebit CardsOther
Platform & Features
- Trading Platforms
- Other, Proprietary platform
Pros
- Lightweight, web-based trading platform and user-friendly mobile app
- Staking for non-US clients
- Trusted exchange with over 12 years of operational history
Cons
- Operates under unfriendly US cryptocurrency regulations
- Expensive fees for the Kraken Instant Buy feature
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