What is Kraken?
Kraken, a 2011-founded crypto exchange, supports hundreds of assets, offers spot and margin trading, tiered maker-taker fees, fiat on-ramps, proof-of-reserves security, 24/7 support, mobile apps.
Kraken
What it is
A veteran crypto exchange built for people who care more about execution than fireworks. It offers spot and futures trading, staking in select regions, and fiat on-ramps in multiple currencies.
Why it works
Clean, no-nonsense interfaces (Kraken and Kraken Pro) deliver deep books, solid order types, and transparent fees. Security posture is serious, with cold storage and recurring proof-of-reserves checks.
Where it falls short
Conservative listings mean fewer shiny memes. Verification is strict, and funding/withdrawal paths vary by country. Support is competent but can lag when markets melt down.
Who it’s for
Traders and long-term holders who want reliability over hype. If you prize risk controls and regulatory alignment, Kraken feels grown-up. If you chase 500x leverage and lottery tokens, look elsewhere.
What features and use cases does Kraken offer?
- Secure crypto exchange for spot, margin, and futures trading (where available) with advanced order types
- Fiat on/off-ramps via bank transfers across multiple currencies, plus instant buy/sell
- Kraken Pro and mobile apps offering advanced charting, depth tools, and low-latency execution
- Strong security stack: cold storage, 2FA/U2F, withdrawal whitelists, and proof-of-reserves audits
- API access (REST/WebSocket) for programmatic trading, market data, and automation
- Staking/Earn rewards and recurring buys to automate portfolio growth (in eligible regions)
- OTC desk and high-liquidity order books for large trades and institutions
- 24/7 customer support and compliance/KYC onboarding
Prices
| Category | Description | Price |
|---|---|---|
| Account registration | Create and maintain a Kraken account | free |
| Kraken Pro access | Advanced trading interface access | free |
| API access | Use of public/private API endpoints | free |
| Instant Buy/Sell (most crypto) | Simple buy/sell for most cryptocurrencies | 1.5% per transaction |
| Instant Buy/Sell (stablecoins & FX pairs) | Simple buy/sell for stablecoins and forex pairs | 0.9% per transaction |
| Card processing fee (debit/credit) | Additional fee when paying by card via Instant Buy | 3.75% + €0.25 |
| Online banking processing fee | Additional fee when using online banking/ACH via Instant Buy | 0.5% |
| Crypto deposits (most assets) | Depositing crypto to your Kraken account | free |
Prices may vary by region. We do not guarantee the accuracy of prices. For current information see: https://www.kraken.com
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