United States of America
Full trading platform
Since 2024
Volume 24H: $131,526,640
Kraken is one of the biggest US-based digital asset exchange platforms in the world, being considered one of the top players in the industry. Users can trade Bitcoin (BTC) and Ethereum (ETH) in exchange for EUR, USD, CAD, GBP, and JPY. Also, Kraken offers leveraged trading on US-based Bitcoin and Ethereum exchanges. This platform is heavily backed by venture capital groups like SBI Investment.
Kraken has received heavy investments, having a nice design and good UX features. It's suitable for inexperienced traders, since it has a very thorough FAQ section where users can find a lot of information about its many trading functions.
Crypto Currencies Support
Traditional Currency Support
- Canadian Dollar (CAD)
- Euros (EUR)
- Japanese Yen (JPY)
- US Dollar (USD)
Language Support
- English
- Japanese
Country Support
- Australia
- Canada
- European Union
- Hong Kong
- Japan
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Norway
- Russian Federation
- Singapore
- Switzerland
- Turkey
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Platforms Systems
- Web Interface
- Mobile App
- API
Stock Market Options
Interface
customisation:
- Allows customization of charts
- Allows the movement or resizing of boxes
- Allows Advanced and Basic option
- Allows customized alerts and notifications
Advanced
Options:
- Limit Order
- Market Order
- Stop Order
- One Cancel Other Order
- Post Only Order
- TWAP (Time Weighted)
- Dark Pools
- Take Profit Order
Discounts For
The Big Traders:
- Volume based discounts
Special
Services:
- Margin Trading up to 5x
Kraken's servers reside in locked racks, in locked private cages, inside a top-tier professional data center: this means armed guards, video surveillance, and retina scans. Kraken declares that it holds full reserves, developing a state of the art auditing process in order to maintain its reputation as being liquid at all times. All new deposits go directly to cold wallets with air-gap isolation.
Summary:
Advanced Security Features:
- Email reports of logins
- Monitor bahavior patterns for suspicious activity
- Ability to define a withdrawal white list
- Limit amount of daily trades
- Limit amount of daily withdrawls
- Email Notification of withdrawal
Security Features:
- SSL
- Bank Level Encryption
- Protection from DDoS attackes
- Regular Auditing Programs
- Regular data replication and backup
- PGP/GPG email encryption
Legal Registration or Compliance:
- FinCen registration (US)
- KYC/AML Compliant
- Incorporation Documents
Kraken is one of the largest digital asset exchange platforms, operating in Canada, EU, Japan, and the US. Currently this platform oversees the claims of lost Bitcoins on Mt Gox. The CEO and co-founder of this company is Jesse Powell, a Bitcoin enthusiast and founder of Verge Center for the Arts in Sacramento, California. Kraken has been subject of many debates in the news over the years.
Summary:
Kraken is definitely one of the biggest online exchanges, having received large investments through venture capital funding over time. Although the platform tends to get sluggish from time to time, slowing down transactions, Kraken remains one of the best choices for digital asset trading, having solid security, extended trading features, and overall positive feedback from users.
Deposit/Withdrawal Options:
Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto
Functionality:
Kraken offers extensive functionality for professionals and lots of trading pair options. The platform provides advanced stock market features through the account tier level upgrades. Kraken has high liquidity, offering fast funding and low fees for Bitcoin dark pool. The advanced order types and margin trading leverage of up to 5x will suit the needs of any trading professional.
Most common
customer complaint:
Some users complain of platform errors and slow response time on transactions.
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