Kraken
The Regulated Veteran with Phone Support and Strong Security
3% deposit match up to $30,000 + Spin to Win
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At a Glance
Fees
Features
Security
Regulation
Licensed USA/UK/EU
KYC
Yes
Securitysfeatures
2FA, Global Settings Lock
Insurance Fund
Separate fund
Deposit
Pros
- On the market since 2011 — one of the oldest providers
- Licensed in USA, UK, and EU
- Phone support available
- Global Settings Lock as additional security feature
Cons
- Higher spot fees (0.16%/0.26%)
- Only 250+ trading pairs
- Maximum leverage only 50x
- KYC required
Verdict
Kraken is an established crypto exchange headquartered in San Francisco, USA. Kraken is one of the oldest crypto exchanges (since 2011) and licensed in USA, UK, and the EU. The platform offers phone support and strong security features, but has higher spot fees than the competition.
The platform offers 250+ trading pairs and leverage up to 50x. Key strength: On the market since 2011 — one of the oldest providers. Staking options round out the offering.
On the other hand: Higher spot fees (0.16%/0.26%). If you can live with that, Kraken is a solid platform with an overall rating of 4.3/5.
