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Kraken is a US-based cryptocurrency exchange founded by Jesse Powell in 2011. The exchange provides its users with crypto-to-crypto as well as crypto-to-fiat and vice versa trading on a wide array of the most popular crypto assets.
The available crypto markets on Kraken include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), and the available fiat-to-crypto markets include US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), Japanese Yen (JPY), and the Great British Pound (GBP). In total Kraken features trading for 22 different cryptocurrencies.
Kraken is an ideal cryptocurrency exchange for all levels of experience because it has different trading interfaces for each level. For instance, traders can choose from Simple, Intermediate, Advanced, and Pro. The exchange supports all of the standard charting and analysis tools as well as an influx of leading technical indicators. Traders can choose from simple market order types to more advanced limit order types.
In addition to standard crypto trading, Kraken supports margin trading, futures, indices, over-the-counter (OTC) crypto markets, and managed accounts. Therefore, Kraken is an extremely feature rich cryptocurrency exchange that adhere to nearly every type of customers needs. Kraken even supports institutional crypto trading by offering higher limit funding and withdrawal options, the highest available API rate limits, and full access to Kraken’s trade desk and account management services.
As for Kraken trading fees, the exchange offers volume based trading fees that start at 0.16% for makers and 0.26% for takers. After a 30-day trading volume of $50,000 or more, the trading fees get reduced as the volume increases.
11 Dec 2022 2 minute read 2 comments Dave Sawyer
We figured out why crypto spring is so slow. The CoinGecko icon on the app is still stuck in Halloween, will it ever go away? THAT is what has caused all the trouble. This thing: Please make it go away. We are deleting the app and will reinstall...
2 Dec 2022 1 minute read 9 comments cryotosensei
Now that FTX is no longer around, I can no longer withdraw my Publish0x earnings on Kucoin and send them to FTX. This motivated me to set up an account with Kraken. Let's see if I will be able to cash out my Publish0x earnings successfully with Krake...
12 Nov 2022 1 minute read 2 comments cryotosensei
Nothing is perfect. Neither is Kraken Kraken enjoys rave reviews, not least because its customer service staff answer enquiries at lightning speed. FTX was my go-to exchange whenever I needed to move my shitcoins accumulated on Kucoin to somewhere el...
12 Nov 2022 1 minute read 2 comments cryotosensei
The collapse of FTX meant that I could no longer transfer my Publish0x earnings on Kucoin to it and subsequently transfer it to Gemini for my off-ramping purposes. So I’m currently searching for other viable ways. Transferring USDC from Kucoin to Gem...
10 Nov 2022 1 minute read 4 comments dinoshark
PSA: Not your keys, not your crypto Though this is a post about CEXs, I'd like to stress that once you deposit your crypto/fiat in these platforms, you no longer have full control over your funds. There's no guarantee these exchanges won't collapse...
24 Oct 2022 1 minute read 1 comment D3v3l
Kraken, an EE.UU.-based cryptocurrency exchange, joined the list of platforms that restrict service to Russian customers. The decision is the result of the most recent sanctions the European Union (EU) imposed on the largest land-based nation for its...
27 Sep 2022 1 minute read 0 comments cryotosensei
There are crypto exchanges and there is THE crypto exchange. In terms of customer service, Kraken beats the competition hands down as its personnel regularly answer the sub’s enquiries at lightning speed. The saying, “familiarity breeds contempt” doe...
21 Sep 2022 2 minute read 1 comment CryptoJD
Jesse Powell, chief executive of the Kraken digital currency exchange, is stepping down. David Ripley, the company's current chief operating officer, will take on the CEO role in the coming months. He has been with the company since its inception in...
12 Aug 2022 3 minute read 0 comments DigitalEarthFederation
Business 4.2/5 Branding Kraken is one of the leading crypto exchanges giving users a combination of low fees and the right mix of coins. It is a U.S based crypto exchange and also the only one in the country that provides advanced trading tools li...
6 Aug 2022 1 minute read 3 comments vanassen.eth
A quick recap of the market health assessment according to the research team at Kraken; Kraken Intelligence. The report is called " Weathering the Storm." BTC gained close to 20%, and decreased in volatility from near 90% to near 60%. ET...
