Kraken

Kraken

One of the oldest and most secure cryptocurrency exchanges with advanced trading features.

Recommended#4 Global
BitScout Verified
Tested by our team
Trading Fee
0.26%
Cryptos
200+
Fiat Currencies
7
Employees
2,500
Founded
2011
Tier 1 JurisdictionUnited States

About Kraken

Kraken is one of the oldest cryptocurrency exchanges, founded in 2011 by Jesse Powell. Known for its robust security measures and advanced trading features, Kraken has never been hacked in its 13+ year history. The exchange offers a wide range of trading pairs, margin trading up to 5x, and futures trading. Kraken Pro provides advanced charting tools and order types for professional traders. Kraken is particularly popular among serious traders due to its low fees, deep liquidity, and comprehensive API. The exchange is regulated in multiple jurisdictions and maintains strong compliance standards.

Pros

  • Excellent safety score
  • Tier 1 jurisdiction (strong regulation)
  • Staking available
  • Derivatives trading
  • Mobile apps available
  • Live chat support

Cons

  • No phone support
  • No FDIC insurance

Features & Services

Staking
Derivatives
Margin
NFTs

Available Platforms

Web iOS Android Desktop

What We Tested

Account Creation
KYC verification process
Deposit Test
Fiat & crypto deposits
Withdrawal Test
Speed & fees verified
Trading Experience
UI, execution, tools
Customer Support
Response time & quality

Company Info

Legal NamePayward, Inc.
HeadquartersSan Francisco, USA
CEODave Ripley
StatusPRIVATE

Best For

Advanced TradersLow FeesSecurity
Kraken Review 2025: Fees, Security & Features | BitScout