Kraken Logo

Krakenreview

  • Regulated exchange
  • High security
  • Easy to use
  • Many features
1,690 visitors have chosen Kraken.
Screenshot Kraken
Our overall rating

Kraken is a reliable choice for users who value security, clear regulation and a polished user experience. The platform is regulated in multiple jurisdictions and has earned a strong reputation over many years. It is known for consistent compliance and a strong focus on safeguarding client assets, from custody practices through to resilient infrastructure. On pricing, Kraken Pro is usually the more cost effective way to trade, while instant buys via certain payment methods are convenient but can carry higher fees. The app feels modern, fast and stable, which makes day to day use straightforward. What stood out in our own testing is customer support. Responses were fast, helpful and solution oriented, which is not something you can take for granted with a platform of this size. We also use Kraken ourselves because of its dependable infrastructure, sensible Pro pricing and solid security setup. For newcomers, the standard app keeps things simple without feeling limiting. Kraken Pro is better suited to experienced users who want deeper tools, advanced order types and more control over execution.

Philipp Duringer
by Philipp Duringer

About Kraken

Fees

0.99%
average

Number of cryptocurrencies

450+
large selection

Payment methods

  • Bank
  • Credit card
  • PayPal
  • Apple Pay

Description

Kraken is one of the most established crypto platforms globally, founded in 2011. It has a strong track record of security and regulatory compliance and is known for a clean, user-friendly app and fair fees. Alongside simple instant buys for beginners, Kraken Pro offers advanced order types and tools for more experienced traders.

Other

Company headquarters
USA
Founding year
2011
Social media
1.63M followers

Our Kraken rating

Review result

Overall rating
Kraken
Ease of use
Kraken: 10 of 10
Ease of use (Kraken)
10/10
Kraken Logo
complexsimple
Features
Kraken: 9 of 10
Features (Kraken)
9/10
Kraken Logo
basiccomprehensive
Fees
Kraken: 7 of 10
Fees (Kraken)
7/10
Kraken Logo
highlow
Security & trust
Kraken: 9 of 10
Security & trust (Kraken)
9/10
Kraken Logo
weakstrong
Beginner-friendliness
Kraken: 9 of 10
Beginner-friendliness (Kraken)
9/10
Kraken Logo
unsuitableideal
Support
Kraken: 9 of 10
Support (Kraken)
9/10
Kraken Logo
poorexcellent

Our opinion

Kraken is a reliable choice for users who value security, clear regulation and a polished user experience. The platform is regulated in multiple jurisdictions and has earned a strong reputation over many years. It is known for consistent compliance and a strong focus on safeguarding client assets, from custody practices through to resilient infrastructure. On pricing, Kraken Pro is usually the more cost effective way to trade, while instant buys via certain payment methods are convenient but can carry higher fees. The app feels modern, fast and stable, which makes day to day use straightforward. What stood out in our own testing is customer support. Responses were fast, helpful and solution oriented, which is not something you can take for granted with a platform of this size. We also use Kraken ourselves because of its dependable infrastructure, sensible Pro pricing and solid security setup. For newcomers, the standard app keeps things simple without feeling limiting. Kraken Pro is better suited to experienced users who want deeper tools, advanced order types and more control over execution.

Pros and cons

What we like:

  • Easy to use
  • High reputation and trust
  • Low fees on Kraken Pro
  • Robust regulatory compliance
  • Helpful customer support

What we don't like:

  • Higher fees for instant purchases in the app

Kraken user reviews

3.1/5
Overall rating

App Store

around 14,600 ratings

4.7/5

Google Play Store

around 36,700 ratings

3.3/5

Trustpilot

around 2,900 ratings

1.4/5

Powered by AI

What users say about Kraken

Our artificial intelligence (AI) collects and analyzes user experiences about Kraken from across the web and summarizes the most important insights for you in a clear and concise way.

User review summary for Kraken

Overall, users have had mostly positive experiences with Kraken. The platform is praised for its wide range of cryptocurrencies, advanced trading options, and security measures. However, some users have expressed a desire for improvements in customer service and platform stability.

Kraken preview

Kraken features

Features

Real crypto
Yes
Transferable to own wallet
Yes
DCA plan
Yes
Staking
Yes
NFT marketplace
No
Trading tools
Yes
Two-factor authentication
Yes

Special features

Tradeable assets

  • Cryptocurrencies
  • Derivatives

Trading options

  • Kraken Pro for trading
  • Derivatives
  • Margin trading (leverage)
  • Short/long positions

About Kraken

Kraken Logo
Kraken
 (Exchange)

Company

Company
Payward, Inc.
Headquarters
USA
Company size
Large
Regulation
MiCA (PESL), FinCEN, FINTRAC, AUSTRAC
Founder
Jesse Powell
Founding year
2011

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