Kraken
Founded 2011 · San Francisco, CA
24H Volume
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30D Volume
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Trading Pairs
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Listed Coins
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About Kraken
Kraken is one of the oldest and most respected cryptocurrency exchanges, founded in 2011. Known for its strong security track record (never been hacked), Kraken has built a reputation for reliability and transparency in the crypto industry.
The platform offers a comprehensive suite of trading products including spot, margin, futures, and staking. Kraken is particularly popular in Europe due to its strong EUR trading pairs and multiple fiat on-ramps. The exchange also offers Kraken Pro for advanced traders with lower fees and more sophisticated trading tools.
Fee Schedule
Last updated: 2024-12-01
| Tier | Maker Fee | Taker Fee | Volume Requirement |
|---|---|---|---|
| Starter | 0.25% | 0.40% | < $50K |
| Intermediate | 0.20% | 0.35% | ≥ $50K |
| Pro | 0.14% | 0.24% | ≥ $100K |
| Pro+ | 0.12% | 0.22% | ≥ $250K |
| Advanced | 0.10% | 0.20% | ≥ $500K |
Fees shown are for Kraken Pro. Instant Buy has higher fees.
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