Overview of Kraken CEX

On the market since 2011
5.0
How Holder TrustScore is calculated

Weighted average: base score on a 5-point scale with a weight of 10, and review signals with a weight of 1 each. Signals include author ratings, AI text analysis and historical ratings. This is an analytical measure, not an average user rating or a guarantee of reliability.

Reviews: 0
Trading Volume, 24h
Spot
$ 796.1M
Futures
$ 357.6M
Open Interest (OI)
$ 488.3M
Market share
1%
Tools
Spot
1413
pairs
Futures
212 +10
contracts
Number of crypto
707
Number of fiat currencies
7
In Market 15 years Jurisdiction United States For Russia Blocked Website Kraken kraken.com Verification (KYC) Not required Type Centralized (CEX)

Check official registers

Compare the legal entity, website, services and authorisation dates with the original source. One brand may operate through several companies.

Website to check: https://www.kraken.com/

Coverage is limited to connected sources. No match does not prove a lack of authorisation; a match does not confirm that services are available to you.

Regulation and licenses

Legacy data · verification required
EU
MiCA CASP Legacy status; not reverified
Central Bank of Ireland (CBI) · Payward Global Solutions Limited

Legacy data does not establish current authorisation or website ownership. Check the legal entity, services and dates in the official source. Open the registry and checker

Kraken fees

Trading

Trading — rates and conditions
Service / marketRateRequirements
Kraken Pro Spot Crypto · maker 0.4%
  • Tier: Tier 1
  • Region: Published service; availability restrictions apply
  • Tier 1: entry volume, without asset-based qualification.
Kraken Pro Spot Crypto · taker 0.8%
  • Tier: Tier 1
  • Region: Published service; availability restrictions apply
  • Tier 1: entry volume, without asset-based qualification.
Kraken Pro Futures · maker 0.02%
  • Tier: Tier 1
  • Region: Published service; availability restrictions apply
  • Tier 1 Pro Futures; availability and volume qualification differ for Canada, the US and New Zealand.
Kraken Pro Futures · taker 0.05%
  • Tier: Tier 1
  • Region: Published service; availability restrictions apply
  • Tier 1 Pro Futures; availability and volume qualification differ for Canada, the US and New Zealand.
Stablecoin-base, pegged and FX · maker 0.2%
  • Tier: Volume $0+
  • Region: Published service; availability restrictions apply
  • Stablecoin as base; not an ordinary BTC/stablecoin pair.
Stablecoin-base, pegged and FX · taker 0.2%
  • Tier: Volume $0+
  • Region: Published service; availability restrictions apply
  • Stablecoin as base; not an ordinary BTC/stablecoin pair.

Withdrawal

Withdrawal — rates and conditions
Service / marketRateRequirements
Withdrawals Depends on conditions
  • Depends on currency, network and method; see the withdrawal form.

Other services

Other services — rates and conditions
Service / marketRateRequirements
Kraken App Perps opening 0.25%
  • Separate app product; percentage of position notional.
Kraken App Perps closing 0.25%
  • Percentage of closed notional.

Trading Volumes Chart of Kraken

Cryptocurrency Market Volume

XBT
24%
USDC
17%
ETH
12%
USDT
11%
XRP
5%
Остальные
31%
XBT/USD
15%
ETH/USD
8%
USDT/USD
6%
XBT/USDC
6%
XRP/USD
5%
Остальные
61%

Trading pairs of Kraken

Pair Price Volume, 24h Spread Exchange Share
XBT/USD
$ 85 555
85 531.6 USD
$ 320.5 mln. 0.0101 % 40.26 %
ETH/USD
$ 2 735.6
2 734.86 USD
$ 168.3 mln. 0.0104 % 21.14 %
USDT/USD
$ 0.999962
0.99969 USD
$ 121.1 mln. 0.011 % 15.21 %
XBT/USDC
$ 85 549
85 572.05 USDC
$ 115.1 mln. 0.01 % 14.45 %
XRP/USD
$ 1.49
1.49 USD
$ 96.8 mln. 0.0336 % 12.15 %

Cryptocurrency List Kraken

Cryptocurrency Price Volume, 24h Market Cap
XBT Bitcoin
$29 044.96
$ 573.9 mln. $ 1.6 Tn.
USDC USDC
$0.149
$ 397.6 mln. $ 70.8 bln.
ETH Ethereum
$1 281.49
$ 284.4 mln. $ 279.5 bln.
USDT Tether
$0.149
$ 262.4 mln. $ 178.9 bln.
XRP XRP
$1.49
$ 127.4 mln. $ 80.7 bln.

Detailed Review of Exchange Kraken

Founded in 2011 by Jesse Powell in San Francisco, USA, Kraken began operations in September 2013 after two years of development and testing. Initially supporting Bitcoin, Litecoin, and Euro, it later added other altcoins and margin trading. Since 2014, Kraken has established itself as a reliable platform and was included in the Bloomberg Terminal.

In March 2017, Kraken acquired Cryptowatch, a website for real-time cryptocurrency tracking. By 2023, the project expanded its market in Europe by acquiring BCM.

Features of Kraken

Security

Kraken employs advanced encryption technologies and two-factor authentication via Google Authenticator or Yubikey, ensuring a high level of security.

Interface

The platform features a user-friendly interface that is convenient even for beginners, with round-the-clock support from specialists.

Liquidity

High liquidity and low costs are ensured through the Proof of Reserves Audit solution.

Margin Trading

Margin trading is available with a leverage of up to x5, including advanced order types.

Diversity

Available in over 190 countries, offering more than 200 tokens and fiat currencies.

Mobile Application

Support for various devices, including smartphones and tablets, allows for managing trades anytime and anywhere.

Advantages and Disadvantages of Kraken

Advantages

  • Diversity of Cryptocurrencies: 231 cryptocurrencies for convenient and quick trading.
  • Margin Trading: Increased "buying power" and effective capture of potential tokens.
  • Asset Rewards: Opportunity to earn rewards through staking.
  • Interface: High-quality user interface with an attractive design.
  • High Liquidity: Enhances transaction execution capability.

Disadvantages

  • Limited Customer Support: Lack of 24/7 technical support and long response times.
  • Card Payment Limitations: Only euros are accepted, leading to additional conversion fees.
  • Currency Availability: Some cryptocurrencies are unavailable in Australia, complicating investment expansion.
  • Privacy: Mandatory account verification may impact data privacy.
  • High Costs: Kraken Pro has high fees, limiting accessibility for retail investors.

Frequently asked questions

Why do Kraken Pro and the app show different perpetual fees?

They are different products: Pro Futures Tier 1 uses 0.02%/0.05% maker/taker; App Perps charges 0.25% on opening and closing.

Can assets reduce Kraken Pro spot fees without high volume?

Yes. Cross-platform tiers consider qualifying trading volume and assets on platform; futures volume can also count. Availability and qualification rules depend on jurisdiction.

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