Kraken

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Kraken
Trading pairs:
58

Kraken is a world leader in bitcoin/euro exchange. Besides euro, it works with other fiat currencies: Canadian/US dollars, British pounds and Japanese yen. Kraken positions itself as “the best bitcoin exchange” and indeed, its system is sharpen better for bitcoin trading. Despite this fact, owners of other cryptocurrencies are also welcomed to this platform. There are more than 50 trading pairs, mobile app, API and comprehensive knowledge database available for its users. A specific characteristic of Kraken exchange is its verification process. Every user should be verified for being admitted to trading activities and this verification is proceeded in 4 tiers. Consequently, your deposit and withdrawal possibilities will grow with every completed tier.

Kraken Fees

The Kraken fee schedule also goes in tiers, but here we speak about trade volume tiers. It works by the following rule – the more total volume you trade, the lower fees you receive. Kraken developed a schedule for every trading pair, but these schedules are almost the same for all of them. You will be charged on a per-trade basis and fees will be usually calculated as a percentage of the trade's quote currency volume. As regards withdrawal fees, Kraken processes them in accordance with another, fix schedule, which doesn’t have tires.Here you will pay a fix amount of currency you want to withdraw. For example, for bitcoin withdrawal you will pay 0.001 BTC and for ether one - 0.005 ETH.

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Kraken Reviews

Huang
4 months ago

Many people have heard about this exchange for sure. But I will write my own feedback on this platform. The exchange has a large volume of trades. It is really popular on the web. For trading on the exchange is a fairly large list of currency pairs but there are other exchanges on which the list of currencies is much larger. As an additional security measure you can scan the QR code. To use all the functionality of the exchange you need to undergo account verification. There are several levels of verification. I do not often use this exchange although I have quite a lot of trading experience with cryptocurrencies. The interface of the exchange is inconvenient, rather complicated. The exchange is designed more for advanced traders and miners. In the autumn of 2017 I was often thrown out of the exchange and it was necessary to reenter my account. Recently I rarely work on this exchange. However you can try use it. Show full review…

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Kraken is a reputable cryptocurrency exchange that supports many trading pairs and offers a secure place to perform trading activities. It is a popular exchange platform in crypto market and its users appreciate many features that Kraken provides: free deposits in some fiat currencies, fast SEPA withdraws, low fees, advanced security level, etc. Despite the fact that Kraken has a complicated interface, many traders prefer it to other platforms because here they have possibility to trade with better conditions.

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