Overview
Kraken has built a solid reputation as one of the world’s most respected cryptocurrency exchanges. It combines a robust trading suite with top-tier security measures to meet the needs of both newcomers and experienced traders alike.
The Kraken Review exchange is regulated by the New York State Department of Financial Services and has been battle-tested since 2011. Its commitment to security is evident in its spotless track record as one of the few crypto exchanges never to have fallen victim to a hack. The exchange also offers rigorous security measures such as two-factor authentication to safeguard user funds.
Extensive Cryptocurrency Options
The exchange boasts an extensive list of over 220 cryptocurrencies, covering both major coins like Bitcoin and Ethereum as well as more niche tokens such as Celestia (TIA), Sui (SUI), and Blur (BLUR). Kraken Pro features a tiered fee structure that rewards active trading with lower platform fees.
Users can deposit and withdraw fiat currencies on the site or use its mobile app for convenient access to the exchange on the go. The app allows for the same functionality as the desktop version and is highly rated by Android and iOS users for its aesthetic and functional design.
Signing up for a Kraken account is a quick and easy process similar to signing up for any other exchange or online brokerage service. A Kraken username and password are required along with identification verification documents to get started. To stay safe, it is recommended that you follow good online security practices and enable two-factor authentication for all account activities including login, withdrawals, and trades.