In this
Kraken Exchange Review discussion, I will mainly focus on Its features, functions and pros and cons.
Kraken is recognized as one of the oldest and largest cryptocurrency and digital asset trading platforms. Kraken was founded in 2011, in San Francisco. This cryptocurrency exchange offers margin trading, over-the-counter (OTC), and offers an advanced trading platform for its customers.
Kraken also offers a minimalist yet sustainable trading fee schema in the cryptocurrency exchange industry where a trader's monthly trading volume increases, the trading fee decreases accordingly.
In 2014, Kraken Exchange was named as the top cryptocurrency exchange in terms of Euro volume for Bitcoin trading.
Features and Services24/7 Customer SupportBug Bounty: Kraken gives away bitcoin as a reward for notable bug finders.
Kraken Futures: Qualified clients can use up to 50x with Ethereum, Litecoin, Bitcoin Cash, Ripple and Bitcoin futures available on Kraken.
Margin Trading: The Kraken Trade Engine allows clients to use up to 5x, manage positions with advanced order options, and pay low charges.
Excellent Security: Features Including two-factor-authenticator, withdrawal email confirmations, API key, global setting time lock etc.
Staking: Kraken supports Polkadot (DOT), Cosmos (ATOM), Tezos (XTZ), Bitcoin (XBT), Euro (EUR), and US Dollar (USD).
Kraken Pro: Mobile app (Supported both Android and iOS devices)
What's more?
Besides all these features, Kraken offers both a web platform and a mobile app. Kraken's web interface is not beginner-friendly. However, pro traders and investors can enjoy its advanced features and functionalities in their day-to-day trading life.