a prominent, well-established and a go-to platform to purchase and retail cryptocurrency online

Kraken is one of the most extensive and oldest Bitcoin exchange platforms in the world dating back to as early as 2011.  Kraken operates globally with a team of well-trained and dedicated Client Engagement crypto and finance specialists who speak several languages. They work around the clock to come up with customized solutions. What’s more when they are available even during the holiday seasons. Kraken is a centralized organization offering greater reliability. Most importantly, Kraken has more than 6 million clients in almost 190 countries, making it the world’s fourth-largest crypto exchange by trading volume. In 2021 itself, Kraken created more than $320 billion in trading volume which was more than triple the volume of the year prior.

Kraken consists of two trading platforms, namely: Kraken and Kraken Pro. You will be able to find a myriad of tools you need to build and manage a cryptocurrency growth portfolio. The newbies on Kraken would perform best on the main Kraken platform. Kraken Pro is for the more seasoned users who would also like to mingle with the advanced margin and futures features.

FinCEN regulates Kraken. Furthermore, Kraken Bank is regulated by the Wyoming division of banking. Kraken is registered as a Money Services Business (MSB) with FinCEN in USA and FINTRAC in Canada.

In Australia, Kraken (as the entity “Bit Trade Pty Limited”) is registered as a Digital Currency Exchange and regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC)

Payward Asia, K.K. is registered as a Crypto Asset Exchange Operator with the FSA in Japan.

Gemini Exchange

Fineco bank



The evidence above show the complete reliability of Kraken for its users.


Kraken is primarily based in San Francisco. With regard to Euro volume and liquidity, it is the world’s biggest global digital asset. It encompasses client base trades of over 90 digital assets working through 7 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF and AUD. Since been founded in 2011, Kraken was the first U.S-based crypto institution to receive a state-chartered banking license, in addition to the first exchanges to allow spot trading with margin, regulated derivatives and index services. You will find more guarantee in the fact that Kraken is supported by leading investors such as Tribe Capital, Hummingbird Ventures, Blockchain Capital and Digital Currency Group to name a few.



Kraken allows trading over 176 countries exclusive of New York or Washington. This means that their features are more aligned with global users than those based just within the USA. Live chats offer support availability 24/7 along with centers for guides and questions and answers. Kraken’s margin trading shows leverage up to five times which can considered standard in the industry. Kraken also has a well-rated mobile app offering all features equivalent to a web browser. However, the app isn’t available in 5 countries and one territory. Kraken also sports some very reliable security features such as 2FA withdrawal email confirmation, air-gapped cold storage, strict surveillance, precise API key permission control and SSL encryption. Its cryptowatch is an extremely handy and free tool that analyzes and generates data on over 2,000 cryptocurrency markets. Traders can easily surveil price movements and market trends across various platforms and set price alerts. For more consistency in notification, investors can pay one credit per alert.

Kraken encourages maker-taker fees, which are amongst the lowest in the industry. The transaction fees are calculated according to the volumes that are traded in a 30-day rolling period. The schedules are simple, straightforward and well-consolidated for the ease of clients.

Revised fee schedules are promptly posted and the dates are in effect as exactly as mentioned in each post. Kraken charges fees only per trade. Trade’s quote currency volume is taken in to consideration when calculating fees. User fee volumes apply for trades that have happened within the thirty days prior and are measured using “Fee Volume Currency”. You receive discounts as you earn them. Volumes-based discounts are available for investors of all sizes who are rewarded for their trades. The OTC service is a special and more customized tool for traders who are not frequent, yet do large volumes. All in all, kraken has something good for everyone.

Kraken is comprised of an unmatched support team that works around the clock to bring about unique solutions to their customers via several forms of communication. The 24/7 live chat is the route for speedy and reliable solutions. Let’s not forget the email option for those trying to get around a busy schedule. For more verbal communication, there is a group of very keen support specialists Monday to Friday from 6 AM to 6 PM EST (U.S.) or 10 AM to 10 PM GMT (UK and Europe). The support center stores an infinite number of articles on troubleshoot problems and self-learning for the more academic individuals. Kraken’s support library is a result of constant communication with clients that has created a cache of valuable knowledge comprising everything from getting started to frequently asked questions about the Kraken platform. In order to get information on advanced order types and API usage, Kraken has made Advanced Trading Documentation available to its clients. Furthermore, there is a plethora of interesting blog posts, videos and podcasts that pique clients’ interest to learn more. All the above show evidence as to why Kraken maintains a 90% client satisfaction score which is a track record in itself.


Your Kraken account has a lock period of 3 days by default which is processed by the Global Settings Lock. Creating a master key allows you to turn off the GSL at your free will.

Moving in and out of market is the only means of maximizing profits. At Kraken, trade execution is done at price convenient for you. Your asset’s liquidity is measured by how fast it can be bought or sold at a stable price on a given market. If you can sell of your assets as quickly as possible, close enough to your asking price, your asset shows more liquidity.

The largest exchange of euro volumes in the world, takes place on Kraken, thus making it one of the top exchanges by bitcoin liquidity.

Kraken’s heavy client engagement in trading has made it rise to the top of exchanges by volume for all of the assets they list. This in turn guarantees the best prices for tokens that are traded.


Another enhancer of liquidity is the low maker fees. Low commissions result in more positions being opened by market makers. Kraken’s maker fees are some of the lowest in the industry – starting at 0.16% and going as low as 0.00%!


Kraken Terminal is Kraken’s trading interface. It has various features such as consolidated charts, a number of technical indicators, and a well-organized interface for entering, cancelling and replacing orders. You can experiment on Kraken Terminal using the quick guides made available to you.


Minimum order size is regulated by base currency. The Buy Crypto button allows a lower minimum order size. The minimums are 1 unit of currency for USD, EUR, GBP, CAD, AUD, CHF and 110 JPY. For crypto-to-crypto the minimum is the equivalent value of 1 USD.


Kraken uses Basic Attention Token (BAT) to give more leverage in viewing advertisements on the platform. BAT is exchanged between advertisers, publishers and internet users on the basis of their web activity which results in an organized merchandising between these three groups. BAT powers a novel kind of digital advertising platform. In 2017, Brave completed with an initial coin offering (ICO) for BAT. A billion BAT was sold within 30 seconds collecting $35 million. During the particular time, 500 million BAT was reserved by Brave Software.

Of that total, 200 million BAT was set aside for the Brave team, with 300 million BAT reserved to be sold at a later date to promote the platform.

This review is only the tip of the iceberg. There is much more to experience underneath. is what you should be clicking right now to unlock a world full of infinite potential in cryptocurrency.


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