Kraken Exchange

100 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.  

Kraken: Canceled affiliations in Italy and new KYC request

2 Apr 2024 1 minute read 1 comment KMatt

Kraken is one of the most well-known cryptocurrency exchanges in the world, with over 6 million users in 190 countries, founded in 2011 and with a wide range of services, from trading, to staking, futures, OTC and others.Formula 1 fans will surely ha...

I signed up to Kraken specifically for this token

18 Dec 2023 1 minute read 4 comments LeftFooted

Yesterday I signed up to Kraken specifically because there's one token I'm accumulating that I can't really trade anywhere else apart from Kraken. And But I like octopuses, and Kraken is sort of one of the OGs in the crypto world so why no...

Gary G takes the L (*laughs in crypto*)

2 Dec 2023 1 minute read 4 comments LeftFooted

At one point it looked like there was a war between the Securities Exchange Commission (SEC) and the crypto world and the SEC was winning. But things change. The SEC and its top dog Gary G(ensler) took an L in the XRP case. And they're about to ta...

Binance vs. Other Centralized Exchanges: A Comparative Analysis

30 Nov 2023 1 minute read 3 comments Cryptofab

I recently read in a blog post that Binance has 160M+ users. I was intrigued by this number, as it is significantly higher than what thought. I decided to do some digging to compare with other centralized crypto exchanges the trading volumes as per C...

Crypto Musings for the Day - 25 NOV 2023

25 Nov 2023 1 minute read 0 comments JaiChai

During my treadmill workout - and of course, earning multiple crypto tokens, a few things caught my eye on my news feed and emails: - The SEC, you know, the government entity that's supposed to "protect" investors?, has become a major roadblock for t...

Is Binance Still the Best Crypto Exchange?

8 Oct 2023 1 minute read 4 comments Cryptofab

As you may have noticed, Binance has launched a new domain for UK users and partnered with Limited to comply with new financial promotions rules in the UK. This has led some people to wonder if Binance is still the best crypto e...

The Kraken

5 Oct 2023 2 minute read 0 comments OfTheFreeMarket

“The reason we are all here is that the current financial system is outdated.” –Charlie Shrem The amount of crypto exchanges is getting too high to count, and new projects are coming online everyday, but few have been online as long as the EURO co...

Kraken Will Be The Next Robinhood?

28 Sep 2023 1 minute read 3 comments KMatt

The Kraken exchange, one of the "oldest" platforms in the crypto industry (for 12 years), having survived several bear markets, and always among the top exchanges in terms of innovation and popularity, has announced that it will open to the trading...

Your crypto transactions exceeded $20k in a year? You may be on IRS's radar

4 Jul 2023 1 minute read 0 comments Coinpaper

IRS is chasing tax evasion in the crypto market. The agency obtained a court order obligating Kraken to disclose extensive personal user data and transaction details.The Internal Revenue System (IRS), always eagerly looking for opportunities to fill...

Binance Joins Lightning Network

16 Jun 2023 1 minute read 1 comment ⚡ Daniela ⚡

In a groundbreaking move that has captured the attention of anyone knowing about Bitcoin, Binance has taken another giant leap towards revolutionizing transactions by running a node on the Lightning Network. The company has recently opened lightning...