Kraken

Kraken Exchange Review

Centralized

Kraken Exchange Rating Analysis

  • Kraken is the longest-operating crypto exchange, having been founded in 2011 and continued operations to this day, without being hacked or having any major negative events. This track record has made a name for the exchange as one of the most secure places to trade cryptocurrency.

    Although Kraken has great reputation, it is not perfect: it is notorious for experiencing technical issues, failing to provide service for some of its users at times of heavy market volatility due to a sharp increase in site usage, and taking the site down for an upgrade scheduled for two hours, which went on to last 48 hours. These issues, however, were mainly present up and until mid-2017, and Kraken has since focused on improving the site's performance and service uptime.

    Kraken is a very easy-to-use exchange, providing interfaces which cater to new and pro traders alike, and enable them to trade cryptocurrencies against fiat in a fairly easy way - provided they're willing to undergo mild KYC procedures. The exchange does offer higher trading fees than much of the industry, although they do decrease as the user's monthly trading volume goes up, all the way to zero fees, and the exchange is more focused on ""heavier"" users, or ""whales"".

    Kraken does not offer a large amount of cryptocurrencies to trade, namely 20 different coins, but these coins have multiple pairs for each one, mostly BTC, ETH and several fiat pairs, and are very liquid in relation to the rest of the market. They also offer the trading pair USDT/USD. To conclude, Kraken has been tried and tested as a secure place to store cryptocurrencies (provided they must be on a centralized platform) and trade them. We believe Kraken is very fitting and attractive to a certain type of trader which looks for high liquidity and platform security, but might not be for every investor, which sometimes does not care about fiat trading and simply wants to trade more ""exotic"" coins.

    Kraken Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      22,550.824 BTC

      • Kraken Total Trading Pairs

        151

        • Kraken Margin Trading

          Yes

          • Kraken Deposit Fees

            EUR SEPA Deposit (Free) - EEA countries only, USD Bank Wire Deposit ($5 USD) - US only

            • Kraken Trading Fees

              Trading - 0.16% Maker, 0.26% Taker Stablecoin - 0.2% Dark Pool - 0.36% Margin Fees - Full list here

              • Kraken Fiat Deposit

                Yes

                • Accepted Payment Methods

                  Crypto to Crypto, Crypto to FIAT

                  • Kraken Native Token

                    No

                    • Native Token Smart Contract

                      N/A

                      • Kraken Trading Markets
                        • Kraken Stablecoins Trading

                          Kraken Markets Data

                          Market Price Volume (24h) Change (24h) Last update
                          ADA/BTC Ƀ 0.00000475 ADA 965,547.5

                          Ƀ 3.0e-8

                          0.64%

                          2020-04-06 12:33:13
                          ADA/CAD CAD 0.05314 ADA 2,088.52

                          CAD -0.0013

                          -2.40%

                          2019-11-30 18:55:03
                          ADA/ETH Ξ 0.0002189 ADA 196,792.0

                          Ξ -0.0000047

                          -2.10%

                          2020-04-06 12:36:07
                          ADA/EUR € 0.03154 ADA 8,716,689.8

                          € 0.0018

                          5.91%

                          2020-04-06 12:36:07
                          ADA/USD $ 0.03403 ADA 7,917,904.9

                          $ 0.0020

                          6.09%

                          2020-04-06 12:35:52
                          ALGO/BTC Ƀ 0.00002495 ALGO 106,944.9

                          Ƀ -0.0000011

                          -4.08%

                          2020-04-06 12:33:14
                          ALGO/ETH Ξ 0.001150 ALGO 50,875.9

                          Ξ -0.000089

                          -7.16%

                          2020-04-06 12:36:07
                          ALGO/EUR € 0.1657 ALGO 970,312.8

                          € 0.00041

                          0.25%

                          2020-04-06 12:36:07
                          ALGO/USD $ 0.1783 ALGO 962,851.3

                          $ -0.0013

                          -0.70%

                          2020-04-06 12:21:42
                          ATOM/BTC Ƀ 0.0003115 ATOM 15,815.6

                          Ƀ 0.000012

                          4.15%

                          2020-04-06 12:20:19
                          ATOM/CAD CAD 5.14 ATOM 13.50

                          CAD -0.22

                          -4.05%

                          2019-11-30 20:54:56
                          ATOM/ETH Ξ 0.01425 ATOM 1,344.07

                          Ξ 0.000021

                          0.15%

                          2020-04-06 12:03:06
                          ATOM/EUR € 2.07 ATOM 47,642.9

                          € 0.18

                          9.73%

                          2020-04-06 12:35:45
                          ATOM/USD $ 2.24 ATOM 86,869.7

                          $ 0.21

                          10.49%

                          2020-04-06 12:34:46
                          BAT/BTC Ƀ 0.00002185 BAT 54,413.3

                          Ƀ 1.4e-7

                          0.64%

                          2020-04-06 12:04:51
                          BAT/ETH Ξ 0.0009989 BAT 9,535.10

                          Ξ -0.000038

                          -3.64%

                          2020-04-06 11:49:57
                          BAT/EUR € 0.1441 BAT 357,068.1

                          € 0.0075

                          5.51%

                          2020-04-06 12:20:19
                          BAT/USD $ 0.1573 BAT 220,184.1

                          $ 0.0098

                          6.61%

                          2020-04-06 12:36:09
                          BCH/BTC Ƀ 0.03417 BCH 887.44

                          Ƀ -0.00057

                          -1.64%

                          2020-04-06 12:34:59
                          BCH/EUR € 226.40 BCH 6,731.92

                          € 7.70

                          3.52%

                          2020-04-06 12:35:51
                          BCH/USD $ 244.00 BCH 8,019.44

                          $ 8.10

                          3.43%

                          2020-04-06 12:36:15
                          BTC/CAD CAD 10,086.2 Ƀ 43.87

                          CAD 379.20

                          3.91%

                          2020-04-06 12:22:01
                          BTC/CHF CHF 7,099.00 Ƀ 19.09

                          CHF 447.40

                          6.73%

                          2020-04-06 12:35:40
                          BTC/DAI DAI 7,039.80 Ƀ 1.26

                          DAI 355.40

                          5.32%

                          2020-04-06 12:18:42
                          BTC/EUR € 6,624.20 Ƀ 6,721.71

                          € 328.60

                          5.22%

                          2020-04-06 12:36:21
                          BTC/GBP £ 5,837.10 Ƀ 47.48

                          £ 247.80

                          4.43%

                          2020-04-06 12:13:38
                          BTC/JPY ¥ 765,252.0 Ƀ 0.07000

                          ¥ 17,823

                          2.38%

                          2020-04-06 05:59:21
                          BTC/USD $ 7,134.00 Ƀ 7,801.91

                          $ 338.80

                          4.99%

                          2020-04-06 12:36:11
                          BTC/USDC USDC 7,129.97 Ƀ 7.57

                          USDC 345.93

                          5.10%

                          2020-04-06 12:02:34
                          BTC/USDT ₮ 7,106.00 Ƀ 32.38

                          ₮ 331.00

                          4.89%

                          2020-04-06 12:20:24
                          DAI/EUR € 0.9370 DAI 41,189.4

                          € -0.0033

                          -0.35%

                          2020-04-06 12:25:28
                          DAI/USD $ 1.01 DAI 181,721.5

                          $ -0.0042

                          -0.41%

                          2020-04-06 12:00:44
                          DAI/USDT ₮ 1.01 DAI 38,277.4

                          ₮ -0.0046

                          -0.46%

                          2020-04-06 12:25:28
                          DASH/BTC Ƀ 0.009870 DASH 286.43

                          Ƀ -0.00010

                          -1.00%

                          2020-04-06 12:31:57
                          DASH/EUR € 65.10 DASH 2,429.32

                          € 2.29

                          3.64%

                          2020-04-06 12:33:53
                          DASH/USD $ 70.32 DASH 2,128.53

                          $ 2.76

                          4.09%

                          2020-04-06 12:28:43
                          DOGE/BTC Ƀ 0.00000027 DOGE 16,157,369.4

                          Ƀ -1.0e-8

                          -3.57%

                          2020-04-06 12:10:13
                          DOGE/EUR € 0.001786 DOGE 6,871,240.7

                          € 0.000061

                          3.51%

                          2020-04-06 12:27:35
                          DOGE/USD $ 0.001919 DOGE 2,022,478.8

                          $ 0.000041

                          2.17%

                          2020-04-06 10:31:16
                          EOS/BTC Ƀ 0.0003496 EOS 28,304.4

                          Ƀ 0.0000055

                          1.60%

                          2020-04-06 12:10:01
                          EOS/ETH Ξ 0.01611 EOS 1,932.79

                          Ξ -0.00017

                          -1.04%

                          2020-04-06 11:00:14
                          EOS/EUR € 2.32 EOS 96,228.6

                          € 0.14

                          6.67%

                          2020-04-06 12:22:00
                          EOS/USD $ 2.50 EOS 66,420.1

                          $ 0.16

                          7.05%

                          2020-04-06 12:10:12
                          ETC/BTC Ƀ 0.0007440 ETC 5,878.06

                          Ƀ -0.0000050

                          -0.67%

                          2020-04-06 12:25:26
                          ETC/ETH Ξ 0.03420 ETC 489.03

                          Ξ -0.0011

                          -3.05%

                          2020-04-06 12:35:18
                          ETC/EUR € 4.92 ETC 27,277.6

                          € 0.20

                          4.20%

                          2020-04-06 12:35:18
                          ETC/USD $ 5.30 ETC 12,434.8

                          $ 0.20

                          3.90%

                          2020-04-06 12:07:43
                          ETH/BTC Ƀ 0.02178 Ξ 11,722.1

                          Ƀ 0.00066

                          3.13%

                          2020-04-06 12:36:10
                          ETH/CAD CAD 219.90 Ξ 192.90

                          CAD 14.77

                          7.20%

                          2020-04-06 12:35:56
                          ETH/CHF CHF 152.97 Ξ 27.45

                          CHF 10.17

                          7.12%

                          2020-04-06 12:34:55
                          ETH/DAI DAI 149.31 Ξ 7.45

                          DAI -3.39

                          -2.22%

                          2019-11-30 20:27:32
                          ETH/EUR € 144.40 Ξ 80,803.5

                          € 11.28

                          8.47%

                          2020-04-06 12:36:27
                          ETH/GBP £ 126.19 Ξ 563.72

                          £ 8.37

                          7.10%

                          2020-04-06 11:50:17
                          ETH/JPY ¥ 16,873.0 Ξ 44.30

                          ¥ 1,093.00

                          6.93%

                          2020-04-06 09:28:50
                          ETH/MCD MCD 152.71 Ξ 119.63

                          MCD 11.66

                          8.26%

                          2020-04-06 12:28:54
                          ETH/USD $ 155.46 Ξ 58,685.6

                          $ 11.99

                          8.36%

                          2020-04-06 12:36:22
                          ETH/USDC USDC 154.17 Ξ 200.97

                          USDC 9.51

                          6.57%

                          2020-04-06 12:17:11
                          ETH/USDT ₮ 155.04 Ξ 1,176.24

                          ₮ 11.82

                          8.25%

                          2020-04-06 12:35:34
                          ETH/XBT XBT 0.02178 Ξ 11,722.1

                          XBT 0.00066

                          3.13%

                          2020-04-06 12:36:10
                          EUR/CAD CAD 1.53 € 4,892.40

                          CAD -0.010

                          -0.65%

                          2020-04-06 12:35:56
                          EUR/CHF CHF 1.07 € 13,607.7

                          CHF 0.010

                          0.98%

                          2020-04-06 11:47:32
                          EUR/GBP £ 0.8826 € 13,067.7

                          £ -0.0048

                          -0.54%

                          2020-04-06 11:40:51
                          EUR/JPY ¥ 117.44 € 1,332.07

                          ¥ -0.40

                          -0.34%

                          2020-04-06 08:53:42
                          EUR/USD $ 1.08 € 238,015.1

                          $ 0.00039

                          0.04%

                          2020-04-06 12:36:22
                          GBP/USD $ 1.22 £ 9,950.24

                          $ 0.0060

                          0.49%

                          2020-04-06 11:25:16
                          GNO/BTC Ƀ 0.001550 GNO 609.25

                          Ƀ 0.000040

                          2.65%

                          2020-04-06 12:18:26
                          GNO/ETH Ξ 0.07190 GNO 1,721.65

                          Ξ -0.00030

                          -0.42%

                          2020-04-06 12:36:07
                          GNO/EUR € 10.31 GNO 2,017.70

                          € 0.73

                          7.62%

                          2020-04-06 12:36:08
                          GNO/USD $ 11.09 GNO 223.42

                          $ 0.76

                          7.36%

                          2020-04-06 12:33:57
                          ICX/BTC Ƀ 0.00003487 ICX 148,832.0

                          Ƀ 1.0e-8

                          0.03%

                          2020-04-06 12:02:53
                          ICX/ETH Ξ 0.001619 ICX 20,514.5

                          Ξ -0.000038

                          -2.30%

                          2020-04-06 11:29:24
                          ICX/EUR € 0.2310 ICX 382,149.5

                          € 0.011

                          5.19%

                          2020-04-06 12:21:24
                          ICX/USD $ 0.2486 ICX 153,634.9

                          $ 0.012

                          5.03%

                          2020-04-06 12:13:02
                          LINK/BTC Ƀ 0.0003359 LINK 13,832.5

                          Ƀ -3.4e-7

                          -0.10%

                          2020-04-06 12:25:23
                          LINK/ETH Ξ 0.01548 LINK 8,068.39

                          Ξ -0.00050

                          -3.14%

                          2020-04-06 11:27:50
                          LINK/EUR € 2.22 LINK 164,723.5

                          € 0.10

                          4.74%

                          2020-04-06 12:31:11
                          LINK/USD $ 2.39 LINK 138,596.7

                          $ 0.12

                          5.17%

                          2020-04-06 12:35:51
                          LSK/BTC Ƀ 0.0001427 LSK 7,946.44

                          Ƀ -9.2e-7

                          -0.64%

                          2020-04-06 12:00:40
                          LSK/ETH Ξ 0.006560 LSK 1,047.20

                          Ξ -0.00019

                          -2.75%

                          2020-04-06 10:38:15
                          LSK/EUR € 0.9362 LSK 26,803.7

                          € 0.034

                          3.73%

                          2020-04-06 12:16:30
                          LSK/USD $ 1.02 LSK 9,611.19

                          $ 0.044

                          4.52%

                          2020-04-06 12:16:13
                          LTC/BTC Ƀ 0.005974 Ł 2,014.15

                          Ƀ -0.0000060

                          -0.10%

                          2020-04-06 12:15:17
                          LTC/EUR € 39.62 Ł 11,582.6

                          € 1.96

                          5.20%

                          2020-04-06 12:36:04
                          LTC/USD $ 42.70 Ł 16,614.0

                          $ 2.09

                          5.15%

                          2020-04-06 12:36:04
                          MLN/BTC Ƀ 0.0004070 MLN 1,032.64

                          Ƀ 0.0000020

                          0.49%

                          2020-04-06 12:27:02
                          MLN/ETH Ξ 0.01876 MLN 934.60

                          Ξ -0.00028

                          -1.47%

                          2020-04-06 12:35:19
                          MLN/EUR € 2.69 MLN 3,764.28

                          € 0.19

                          7.38%

                          2020-04-06 12:35:19
                          MLN/USD $ 2.90 MLN 214.22

                          $ 0.20

                          7.41%

                          2020-04-06 12:28:11
                          NANO/BTC Ƀ 0.00008445 NANO 69,361.6

                          Ƀ -0.0000012

                          -1.41%

                          2020-04-06 12:26:16
                          NANO/ETH Ξ 0.003858 NANO 18,148.3

                          Ξ -0.00019

                          -4.74%

                          2020-04-06 11:48:58
                          NANO/EUR € 0.5586 NANO 118,072.7

                          € 0.017

                          3.15%

                          2020-04-06 12:29:54
                          NANO/USD $ 0.6016 NANO 54,697.9

                          $ 0.019

                          3.35%

                          2020-04-06 12:34:14
                          OMG/BTC Ƀ 0.00008013 OMG 7,306.63

                          Ƀ -0.0000012

                          -1.50%

                          2020-04-06 10:45:30
                          OMG/ETH Ξ 0.003683 OMG 3,744.04

                          Ξ -0.00017

                          -4.40%

                          2020-04-06 10:55:05
                          OMG/EUR € 0.5250 OMG 9,027.47

                          € 0.016

                          3.06%

                          2020-04-06 12:29:41
                          OMG/USD $ 0.5722 OMG 8,452.58

                          $ 0.032

                          5.87%

                          2020-04-06 09:31:24
                          PAXG/BTC Ƀ 0.2318 PAXG 48.49

                          Ƀ -0.0060

                          -2.52%

                          2020-04-06 12:27:47
                          PAXG/ETH Ξ 10.89 PAXG 3.40

                          Ξ -0.66

                          -5.68%

                          2020-04-06 07:55:41
                          PAXG/EUR € 1,549.88 PAXG 108.07

                          € 44.66

                          2.97%

                          2020-04-06 11:50:35
                          PAXG/USD $ 1,644.84 PAXG 92.37

                          $ 25.10

                          1.55%

                          2020-04-06 12:27:47
                          QTUM/BTC Ƀ 0.0001863 QTUM 4,731.70

                          Ƀ -0.0000012

                          -0.64%

                          2020-04-06 12:34:46
                          QTUM/CAD CAD 2.37 QTUM 0.1309

                          CAD -0.14

                          -5.46%

                          2019-11-30 21:28:52
                          QTUM/ETH Ξ 0.008576 QTUM 187.74

                          Ξ -0.00037

                          -4.18%

                          2020-04-06 10:31:28
                          QTUM/EUR € 1.23 QTUM 38,346.9

                          € 0.047

                          4.00%

                          2020-04-06 12:33:07
                          QTUM/USD $ 1.33 QTUM 12,734.8

                          $ 0.058

                          4.60%

                          2020-04-06 12:34:51
                          REP/BTC Ƀ 0.001395 REP 2,146.91

                          Ƀ -0.000048

                          -3.33%

                          2020-04-06 12:27:27
                          REP/ETH Ξ 0.06427 REP 515.28

                          Ξ -0.0044

                          -6.39%

                          2020-04-06 12:33:54
                          REP/EUR € 9.21 REP 10,166.8

                          € 0.16

                          1.77%

                          2020-04-06 12:26:29
                          REP/USD $ 9.94 REP 2,745.98

                          $ 0.13

                          1.36%

                          2020-04-06 12:34:58
                          SC/BTC Ƀ 0.00000020 SC 3,818,332.2

                          Ƀ -2.1e-9

                          -1.04%

                          2020-04-06 12:28:47
                          SC/ETH Ξ 0.00000922 SC 803,467.8

                          Ξ -4.0e-7

                          -4.16%

                          2020-04-06 12:28:47
                          SC/EUR € 0.001320 SC 12,694,540.0

                          € 0.000050

                          3.94%

                          2020-04-06 12:35:40
                          SC/USD $ 0.001420 SC 2,510,194.6

                          $ 0.000080

                          5.97%

                          2020-04-06 12:29:58
                          TRX/BTC Ƀ 0.00000184 TRX 903,708.9

                          Ƀ 8.5e-8

                          4.84%

                          2020-04-06 12:15:37
                          TRX/ETH Ξ 0.00008697 TRX 25,210.3

                          Ξ 0.0000034

                          4.11%

                          2020-04-06 08:30:23
                          TRX/EUR € 0.01218 TRX 2,497,674.7

                          € 0.0012

                          10.52%

                          2020-04-06 12:23:10
                          TRX/USD $ 0.01314 TRX 4,056,051.2

                          $ 0.0011

                          9.60%

                          2020-04-06 12:29:05
                          USD/CAD CAD 1.41 $ 15,334.7

                          CAD -0.0073

                          -0.51%

                          2020-04-06 11:20:49
                          USD/CHF CHF 0.9891 $ 28,655.4

                          CHF 0.0091

                          0.93%

                          2020-04-06 12:34:55
                          USD/JPY ¥ 109.17 $ 246.75

                          ¥ 1.04

                          0.96%

                          2020-04-06 05:59:22
                          USDC/EUR € 0.9267 USDC 54,435.1

                          € -0.00090

                          -0.10%

                          2020-04-06 12:31:25
                          USDC/USD $ 1.00 USDC 332,228.9

                          $ 0.00010

                          0.01%

                          2020-04-06 12:34:21
                          USDC/USDT ₮ 0.9988 USDC 38,923.5

                          ₮ -0.0011

                          -0.11%

                          2020-04-06 12:34:19
                          USDT/CAD CAD 1.42 ₮ 3,726.38

                          CAD -0.0085

                          -0.59%

                          2020-04-06 12:11:46
                          USDT/EUR € 0.9290 ₮ 1,122,093.7

                          € 0.00090

                          0.10%

                          2020-04-06 12:36:14
                          USDT/GBP £ 0.8188 ₮ 33,428.3

                          £ -0.0041

                          -0.50%

                          2020-04-06 11:50:54
                          USDT/USD $ 1.00 ₮ 4,610,838.2

                          $ 0.00070

                          0.07%

                          2020-04-06 12:35:16
                          WAVES/ETH Ξ 0.006266 WAVES 727.01

                          Ξ -0.00029

                          -4.38%

                          2020-04-06 12:24:12
                          WAVES/EUR € 0.8932 WAVES 48,552.9

                          € 0.017

                          1.91%

                          2020-04-06 11:46:46
                          WAVES/USD $ 0.9659 WAVES 32,988.3

                          $ 0.023

                          2.41%

                          2020-04-06 12:00:43
                          WAVES/XBT XBT 0.0001366 WAVES 4,089.73

                          XBT -0.0000022

                          -1.59%

                          2020-04-06 10:12:14
                          XLM/BTC Ƀ 0.00000680 XLM 1,355,960.7

                          Ƀ 6.4e-7

                          10.39%

                          2020-04-06 12:32:34
                          XLM/EUR € 0.04498 XLM 11,934,846.5

                          € 0.0062

                          16.10%

                          2020-04-06 12:36:00
                          XLM/USD $ 0.04843 XLM 4,082,277.5

                          $ 0.0066

                          15.64%

                          2020-04-06 12:34:33
                          XMR/BTC Ƀ 0.008011 XMR 12,693.9

                          Ƀ 0.000074

                          0.93%

                          2020-04-06 12:35:23
                          XMR/EUR € 52.99 XMR 7,125.27

                          € 2.87

                          5.73%

                          2020-04-06 12:35:04
                          XMR/USD $ 57.12 XMR 8,479.10

                          $ 2.97

                          5.48%

                          2020-04-06 12:35:01
                          XRP/BTC Ƀ 0.00002645 XRP 659,631.5

                          Ƀ 5.0e-8

                          0.19%

                          2020-04-06 12:20:36
                          XRP/CAD CAD 0.2680 XRP 147,805.3

                          CAD 0.011

                          4.33%

                          2020-04-06 12:25:27
                          XRP/EUR € 0.1755 XRP 12,521,618.0

                          € 0.0090

                          5.43%

                          2020-04-06 12:36:20
                          XRP/JPY ¥ 19.78 XRP 2,864.88

                          ¥ 0.14

                          0.72%

                          2020-04-06 04:37:06
                          XRP/USD $ 0.1891 XRP 13,005,255.8

                          $ 0.0097

                          5.39%

                          2020-04-06 12:36:29
                          XTZ/BTC Ƀ 0.0002449 XTZ 335,094.6

                          Ƀ -0.0000033

                          -1.33%

                          2020-04-06 12:26:01
                          XTZ/CAD CAD 1.76 XTZ 8,405.62

                          CAD 0.018

                          1.00%

                          2019-11-30 23:36:26
                          XTZ/ETH Ξ 0.01126 XTZ 45,612.5

                          Ξ -0.00050

                          -4.27%

                          2020-04-06 12:15:32
                          XTZ/EUR € 1.62 XTZ 570,139.3

                          € 0.059

                          3.77%

                          2020-04-06 12:35:42
                          XTZ/USD $ 1.74 XTZ 839,804.7

                          $ 0.057

                          3.36%

                          2020-04-06 12:35:47
                          ZEC/BTC Ƀ 0.005050 ZEC 1,456.44

                          Ƀ 0.00020

                          4.12%

                          2020-04-06 12:26:06
                          ZEC/EUR € 33.54 ZEC 4,457.03

                          € 2.97

                          9.70%

                          2020-04-06 12:31:32
                          ZEC/JPY ¥ 3,063.79 ZEC 0

                          ¥ 0.0

                          0.00%

                          2019-11-27 11:35:40
                          ZEC/USD $ 36.00 ZEC 2,902.30

                          $ 3.07

                          9.32%

                          2020-04-06 12:14:20

                          Kraken Withdrawals

                          • Daily Withdrawal Limit

                            Depending on asset, verification level and residency.

                            • Kraken Withdrawal Fees

                              EUR SEPA Withdrawal (€0.09) EEA countries only USD Bank Wire Withdrawal ($5 USD) US only USD Bank Wire Withdrawal ($35 USD+0.125%) - worldwide (only flat $5 USD if withdrawing $50,000 USD+)

                              • Kraken Withdrawal Fees Discount

                                Tier discount. Full details here.

                                • Proof of Reserves

                                  N/A

                                  Kraken Overview

                                  • Kraken was founded on July 2018, 2011 by Jesse Powell, the current CEO of Kraken. Kraken is a cryptocurrency exchange or digital asset exchange based in the United States with operations in Canada, the European Union (EU), Japan and the US. This crypto-asset platform is owned and operated by Payward, Inc. based in San Francisco, California.

                                    A Kraken review reveals that Kraken provides Bitcoin pricing to the Bloomberg Terminal – a computer software system provided by Bloomberg L.P. Furthermore, Kraken seems to serve the crypto space via 70+ active markets and currency pairs, including trading access to 20+ digital assets (or cryptocurrencies). Digital assets available for trading at Kraken include: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, Tether, EOS, Stellar, BitcoinSV, Tezos, Ethereum Classic, Cardano, Monero, Zcash, Dash, Qtum, etc.

                                    Kraken provides a proof-of-reserves audit process that makes it possible for users of this digital asset exchange to verify that their Kraken account balances are included in Kraken’s audit. Furthermore, a review of Kraken exchange shows that their mission is to help advance the adoption of cryptocurrency by empowering investors and supporting institutions.

                                    History shows that Kraken struggled during most part of 2017, especially during the 2017 crypto bull market, as a result of performance issues and DDoS attacks. It got so bad that Kraken CEO Jesse Powell had to apologize for the site issues in November 2017, while praising Kraken’s impeccable record.

                                    Kraken acquired Crypto Facilities – a leading and regulated crypto exchange and index provider. This enables Kraken to offer Bitcoin futures trading with leveraging of up to 50x on futures orders.Though its problems in the past may concern some users, the exchange closed down for a month in January 2018 to update its servers and fix the issues. This shows that Kraken takes any and all issues and complaints very seriously.
                                    Kraken features many unique and exciting functions, such as its “Dark Pool”, futures trading and its use of Kraken API. The Kraken Dark Pool is a feature where traders can conduct trades that are not visible publicly in order books. This allows for a little bit more anonymity than other exchanges.

                                    Kraken is very user-friendly as it is an entry-level exchange. New cryptocurrency investors can start trading here with ease, as fiat currencies are supported. The fiat currencies available on the platform are USD, JPY, CAD, GBP, and EUR. Euro has the largest trading volume on the platform. Though the cryptocurrencies available on the exchange are not necessarily impressive, the most popular ones are available on the platform. These include BTC, BCH, ETH, DASH, LTC, XRP, etc.

                                    The exchange charges different fees for takers and makers. It is known for its relatively low trading fees, which vary between 0% and 0.26%. Takers are generally charged 0.26%, while makers’ fee is 0.16%, though these fees become lower and lower as users’ trading volumes go higher. Maker fees can go as low as 0%, while takers’ can go down to 0.10%. These fees aren’t necessarily very low, as the global industry average is 0.25%. However, it does provide Kraken with significant market appeal.

                                    As Kraken’s story started with CEO Jesse Powell’s aim to create a safer cryptocurrency exchange after seeing the hacking of Mt. Gox, the platform takes security very seriously. Funds are stored offline and the commonly used two-factor authentication system is used. Additionally, the system that is used on the platform enables staff members to only be able to access users’ accounts for data verification and nothing else. The exchange has not suffered from any issues concerning its security, which is most definitely comforting for its users. This is especially impressive when considering the fact that the exchange is one of the very first ones to be established.

                                    One of the disadvantages of Kraken’s security system is that anonymous trading is not allowed. All accounts are verified before they can start trading for maximum security. Accounts and their verifications processes are divided into three: Starter, Intermediate, Pro. Their respective features are explained in detail on their website.

                                    Kraken Exchange KYC and AML

                                    • Kraken Exchange KYC and AML

                                      Valid ID, proof of residence.

                                      • Kraken AML Policy

                                        AML Policylink

                                        Kraken Exchange Additional Information