Summary
Kraken is a leading cryptocurrency exchange renowned for its robust trading features, security measures, and institutional-grade services. With 253 coins and 500 trading pairs, Kraken caters to both retail traders and institutional investors. The platform supports fiat currencies, margin trading, futures, and over-the-counter (OTC) transactions, making it a versatile choice for diverse trading needs.
π Discover why Kraken is a top choice for serious traders
Overview
| Key Details | |
|------------|--|
| π Exchange Rank | 4.0 (#16) |
| π 24H Volume | $0 (#1) |
| π Headquarters | United States |
| π
Founded | 2011 |
| π§ Liquidity Rank | 0.045 (#12) |
| π Security Score | 9.86/10 |
Kraken is best suited for experienced traders due to its advanced order types, including margin trading (up to 5x leverage) and futures contracts.
Supported Assets
Cryptocurrencies
- 253 coins (e.g., Bitcoin, Ethereum, Ripple)
- 500 trading pairs
Fiat Currencies
- USD, EUR, CAD, GBP, and more
Fees
Trading Fees
- Maker fee: 0%β0.16%
- Taker fee: 0%β0.26%
- Fees depend on 30-day trading volume and currency pair.
Deposit & Withdrawal Fees
| Transaction Type | Fee |
|------------------|-----|
| Crypto Deposits | Free |
| Crypto Withdrawals | Varies by coin |
| Fiat Deposits | $1β$100 (bank transfer: $20β$100) |
| Fiat Withdrawals | Flat $4.00 |
π Compare Krakenβs fees with other top exchanges
Features
Spot Trading
- Instant buying/selling of cryptocurrencies.
Margin Trading
- Up to 5x leverage for long/short positions.
Futures Trading
- Contracts for Bitcoin, Ethereum, Ripple, Bitcoin Cash.
OTC Trading
- Large-volume trades with personalized service.
Business Accounts
- Higher API limits, OTC desk access, and custom withdrawal/deposit limits.
Mobile App
- Trade, monitor portfolios, and access charts on iOS & Android.
Security
Cold Storage
- 95% of funds stored offline in geographically distributed vaults.
Two-Factor Authentication (2FA)
- Mandatory for withdrawals and sensitive actions.
CER Cyber Security Score (CSS)
- 9.86/10 β industry-leading security.
IP Whitelisting
- Restrict account access to trusted IP addresses.
FAQs
Is Kraken regulated?
Yes. Kraken complies with U.S. and international financial regulations.
Does Kraken support fiat deposits?
Yes. Multiple fiat currencies are supported, listed under the "Cash" section.
Can I short-sell on Kraken?
Yes. Margin trading allows short positions with up to 5x leverage.
Is Kraken available to U.S. traders?
Yes. U.S. citizens can trade on Kraken.
How long does verification take?
- Crypto verification: 1β3 days
- Fiat verification: 1 day
Kraken stands out for its security, advanced trading options, and institutional-grade services. Whether you're a beginner or a pro, it offers tools to suit every traderβs needs.