Kraken.Com Reviews (Jan 2021) Get the Facts Below >> Do you want to be rich? Then find out how new currencies are taking over and how you can earn more money.
Today, the definition of financial investment and asset building has completely changed. New and advanced technologies have developed currencies like crypto and many other variations, which have changed the entire scenario.
In today’s article “kraken.com Reviews” of the United States, we will discuss various cryptocurrencies and how Kraken helps build and trade in the currency.
What is Cryptocurrency?
Have you ever gone to a gaming zone where you had to buy tokens in exchange for real money so that you can play the game of your choice? Cryptocurrencies are similar to that.
You can buy them online to exchange real money and use them to purchases goods and services. Moreover, you can also sell them when the currency price rises, depending on the market forces.
What is Kraken.com?
Our research for “kraken.com Reviews” found that it is the 4th largest cryptocurrency exchange in the world (as of Jan 2021). It was founded in 2011 by Jesse Powell and is headquartered in California, United States.
As of 2021, it is available in 48 U.S. states and 176 countries and lists 40 cryptocurrencies for the trade.They’ve employed an independent cryptographically third-party audit to prove that customer’s funds are properly held.
Services Provided
It provides an advanced trading platform that includes spot trading and margin trading. The site offers a lot of trading option, but it’s not that user-friendly for beginners.
It offers dedicated account managers for frequent high-volume traders, above 100k dollars, to take care of their trading needs.“kraken.com Reviews” found that the website also offers dark pool trading, an order book not visible to the rest of the market.
Currencies and Payment methods
The website offers and supports 40 different cryptocurrencies.It accepts the following currencies:
- Euro
- Australian dollar
- Canadian dollar
- U.S. dollar
- British pound
- Swiss franc
- Japanese yen
Deposits and withdrawals occur within 1-5 days of business days and can be made via SEPA, SWIFT, or domestic transfers.
Kraken Fees
The company is known for offering the lowest fee in bitcoin exchanges. The costs will depend on the volume of transactions of the last 30 days.
We found that generally, the fees depend on the following type of transactions:
- Spot trading fees: 0-0.26%
- Stable coin trading fees: 0-0.2%
- Dark pool fees: 0.2-0.36%
kraken.com Reviews
The sites enjoy a good reputation, but it has got mixed reviews. Few customers have stated that the site isn’t that helping. Few claims that their money or account got blocked after they started using the website for trade.We found happy customers as well, and they were satisfied with the services of the website.
Final Verdict
The site is considered to be recent and has a credibility score of 59%. It is not beginner-friendly. Although it has adequate security and advanced traders can use it for a secure trading experience.As of now, their website is down, and they promise to come back soon.In the end, “kraken.com Reviews” suggests you be cautious while using the website.