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.  

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