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Kraken Review
4.5/5 Rating
Founded: 2011 HQ: San Francisco, USA
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Overview
Kraken is one of the oldest and most respected cryptocurrency exchanges, founded in 2011. Known for its rock-solid security (never been hacked), competitive fees on Kraken Pro, and excellent staking rewards.
Pros
- ✔ One of the oldest and most trusted exchanges
- ✔ Strong security track record (never hacked)
- ✔ Excellent for spot and margin trading
- ✔ Kraken Pro for advanced traders
- ✔ Good staking rewards
Cons
- ✖ Higher fees on basic interface
- ✖ No credit/debit card deposits
- ✖ Fewer coins than Asian competitors
Trading Fees
| Fee Type | Rate |
|---|---|
| Maker Fee (Spot) | 0.16% |
| Taker Fee (Spot) | 0.26% |
| Deposit Fees | Varies by method (Bank transfers usually free) |
*Fees may be lower for high-volume traders or when paying with native tokens.
Key Features
- 🪙 200+ Coins Supported Assets
- 📈 5x Leverage Max Leverage
- 💳 3 Methods Deposit Options
- 🛡️ High Security Proof of Reserves
Frequently Asked Questions
Is Kraken safe?
Yes, Kraken is considered a safe platform with a rating of 4.5/5. It employs industry-standard security measures like cold storage and 2FA. However, always enable all security features on your account.
Can I use Kraken in the US?
Yes, this exchange is fully licensed and available in the United States.
4.5 /5
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Overall Rating
Quick Facts
Founded 2011
HQ San Francisco, USA
Mobile App Yes (iOS/Android)