Kraken Exchange

88 Articles 2 Followers

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.  

The funniest crypto week of Feb 12

12 Feb 2023 4 minute read 6 comments Dave Sawyer

Cryptofans we love ya!!! Thinking of y'all makes our heart go pitter-pat!!! Thank the heavens for this chance to be here with y'all stalwart pioneers of crypto, hanging out at Igor's party hut!! Ain't life grand!!  It's late, and we are lit, but we h...

Transferred my Publish0x earnings from Kucoin to Kraken

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...

Kraken Fined $30 Million by SEC, will Halt Staking for U.S. Customers

10 Feb 2023 2 minute read 15 comments ZeroRequiem

Hey Peeps!     On February 9th, Kraken announced, via their blog, that they have agreed to a settlement with the U.S. Securities and Exchange Commission (SEC) regarding their Crypto Staking service.  The settlement comes as a result of the SEC charg...

The List of Centralized Exchanges Under Investigation by the US Grows to Three: Kraken Joins Binance and Coinbase

27 Jul 2022 2 minute read 2 comments Cje95

Yesterday reports came out announcing that the number of major centralized exchanges under investigation had grown to three. When looking at how regulators would crack down on crypto and enforce rules and regulations it makes the most sense to go aft...

The funniest crypto week of Dec 11th

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...

Crypto Exchanges are Playing sides to win support

9 Jan 2023 1 minute read 4 comments Yugocean

     Centralized crypto platforms are facing 2 serious issues - Been accused of cyber crime by, and non- cooperate with investigators. Losing the trust of investors after FTX collapse, and they are losing money (Read Here).  So they are in attemp t...

Krystal Newsflash (17th Feb 2023)

18 Feb 2023 4 minute read 1 comment Krystal Wallet

Welcome to our recap of the major stories in the crypto world! Here’s what has happened over the past week: Paxos ordered to halt stablecoin minting 🛑 Just last week, Paxos, the issuer of BUSD, USDP and PAXG, was reported to be investigated by the Ne...

Kraken Exchange CEO Jesse Powell Resigns

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...

Why Kraken is Better than Coinbase

30 May 2022 1 minute read 2 comments 1securemf

Kraken: Security, Staking, and Market Variety   It's not just because Kraken has lower trading fees than Coinbase, Kraken is a superior exchange in several ways.   Safety Kraken is considered unmatched in terms of security. Kraken has never been hack...

Jesse Powell blasts US regulations for harming the crypto industry.

22 Feb 2023 1 minute read 2 comments Yugocean

Jesse Powell, the co-founder of Kraken, blasted US regulators for opposing the goals of the cryptocurrency sector. According to Powell, officials are pushing bad actors to harm venture capital as part of a plan to undermine the cryptocurrency ecosyst...