Kraken

Connecting you with Kraken...

Why Kraken?

95% of Kraken user funds are held in cold storage locations worldwide. Opening a regular Kraken account takes minutes, while the Kraken Pro account can take days.

Fees

Purchases made with a credit card on the Kraken platform attract a charge of 3.75% and $0.25. Purchases made through a bank account attract a charge of 0.5%. Trading fees for stablecoins are 0.9%, while fees for altcoins are 1.5%.

Getting Started

Opening a Kraken account requires you to provide your email address, name, address, Social Security Number (SSN), and other personal information/ 24/7 customer service is available through telephone, email, and live chat.

We recommend Kraken because...

Pros & Cons

  • Advanced features like staking and margin trading
  • Low Bitcoin withdrawal fees
  • Educational materials for new users
  • Several customer service options
  • Simple user interface
  • Only a few fiat currencies are accepted
  • Platform has been hacked before
  • Without Kraken Pro, trading fees are high

FAQs about Kraken

What is Kraken?

Kraken is one of the biggest Bitcoin exchanges worldwide. They are well known for their platform for buying and selling cryptocurrency online with exceptional service, low cost, variety of funding options and high-quality security.

Why should I use Kraken?

There are lots of reasons why you should use Kraken. Some examples include:

  1. Access to 65+ cryptocurrency funding options
  2. Access to maximum cryptocurrency liquidity.
  3. Access to its competitive margin trading
  4. Access to OTC desk which includes extensive trades.

How much does Kraken cost?

Joining Kraken does not cost anything. However, their fees range per trade (0% - 0.26%), and credit card purchases have 3.75% fees and 1.7% fees for online banking processing.

How do I get started with Kraken?

You need to go to their website and sign up to get started with Kraken. If you're new to cryptocurrencies, Kraken provides guides on the basic of trading cryptocurrency and have 24/7 global support.

Is Kraken safe?

Kraken is committed to ensuring your funds and privacy are protected from theft and fraudulent activities. They have a team of experts with experience in consumer data breaches and provide 24/7 surveillance, SSL encryption and two-factor account authentication. Additionally, 95% of all deposits are kept in cold storage.

Car loan?
Personal Loan?

Top deals await you just a short
application away!