Kraken
Founded 2011 · United States
24H Volume
$43.4M
30D Volume
$34.7B
Trading Pairs
1,409
Listed Coins
641
Execution Quality
BTC/USDT · SpotKey Metrics
Spread (5K)
0.82 bps
Spread (100K)
3.44 bps
Slippage (5K)
0.41 bps
Slippage (100K)
1.72 bps
Grade Breakdown
| Retail | Institutional | |
|---|---|---|
| Spread | B | B- |
| Slippage | B | B- |
| Consistency | C+ | B- |
| Bid/Ask Balance | C+ | A |
| Fragmentation | B | C+ |
Key Competitors
BTC/USDT · Spot| # | Exchange | Spread @100K | Slippage @100K | Grade | |
|---|---|---|---|---|---|
| 1 | Kraken (You) | 3.44 bps | 1.72 bps | B- | |
| 2 | 0.25 bps | 0.12 bps | A | View | |
| 3 | 0.02 bps | 0.01 bps | A | View | |
| 4 | 0.61 bps | 0.31 bps | A- | View | |
| 5 | 0.29 bps | 0.15 bps | A- | View | |
| 6 | 1.10 bps | 0.55 bps | B+ | View |
About Kraken
Kraken is a global cryptocurrency and digital asset platform that offers spot and derivatives trading, staking, and related financial products for retail and institutional clients. The company emphasizes security, regulatory compliance, and deep liquidity, while providing a wide range of crypto assets, tokenized stocks, and advanced trading tools through its web, mobile, and professional-grade interfaces. Its educational and support resources are designed to make digital asset investing more accessible to users at all experience levels.
Strengths
- Never been hacked - strong security track record
- Multiple fiat currencies supported
- Strong EUR liquidity
- Available in most US states
- Proof of Reserves audits
Considerations
- Lower overall liquidity than Binance
- Higher fees than offshore exchanges
- Interface can be complex for beginners
- Customer support wait times