Kraken Review

Read our concise, full review on the pros and cons of Kraken

Written by Angelo Martins
Last updated January 2025
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Kraken Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Bit Trade PTY Ltd 5 : 1
CryptoFacilities Ltd up to £85,000 5 : 1
Payward Asia, K.K. 5 : 1
Payward Ventures, Inc
United States
5 : 1
Payward Canada Inc
Canada
5 : 1

Kraken User reviews

4.5
(3)
Ranked 4 out of 652 (Cryptocurrency Exchanges)
This rating is based on 0 reviews by users that proved they are real customers of this company and 3 that did not.All reviews undergo significant human and technical moderation.Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.
8 January 2025
Approved reviewer
Location: Taiwan
8 January 2025
5.0
Approved reviewer
I’m new to crypto, but this app makes it pretty easy. The interface is user-friendly, and I can quickly run through categories like memecoins or layer 1s to find out which ones are up or down the most. It’s also awesome that they add new tokens every week - on par with the other exchanges. I’ve started using the AutoTrader feature too—it’s perfect for someone like me who doesn’t have time to monitor trades all day.
2 January 2025
Approved reviewer
Location: Taiwan
2 January 2025
5.0
Approved reviewer
Great app! Super easy to navigate, and I love the new tokens they add every week. The futures trading tools are very useful, and I like that I can set stop-loss conditions to manage my trades overnight. Plus, I can buy crypto with my local currency (e.g., PHP or HKD).

Kraken Overall rating

4.7
Ranked 1 out of 652 (Cryptocurrency Exchanges)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Popularity
4.9
3
Regulation
5.0
1
Liquidity
4.7
1
Pricing rating
Not rated
1
Features
Not rated
1
Customer Support
Not rated
1

Kraken Volume

$1.1 Billion Volume 24h
-41.52%
$468.0 Million Volume 24h (Spot)
$669.3 Million Volume 24h (Derivatives)

Kraken Profile

Company Name Payward Ventures, Inc.
Categories Cryptocurrency Exchanges
Primary Category Cryptocurrency Exchanges
Year Founded 2011
Headquarters United States
Office Locations Canada, Singapore, United Kingdom, United States, Virgin Islands, British
Fiat supported
AUDCADCHFEURGBPJPYUSD
Funding Methods Swift, Sepa, Etana, Custody, Crypto wallets
Maximum leverage 5 : 1
Financial Instruments Cryptocurrencies, Staking (cryptocurrencies)
Accepts Canadian clients
Accepts Japanese Clients
Accepts US Clients
Trading API
Negative balance protection
Social trading
Regulatory deposit insurance

Kraken Fees

0.26% - Taker Fee
0.16% - Maker Fee

Visit link to see detailed info about Kraken fees: Fees

Kraken Fees Calculator

Pending orders 0.16% Maker fees US$133.62
Instant Orders 0.26% Taker fees US$217.14
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Kraken Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
r.kraken.com
Organic monthly visits 7,724,797 (100%)
Organic traffic rank 21 out of 605 (Cryptocurrency Exchanges)
Paid monthly visits 24,567 (0%)
Total monthly visits 7,749,364
Bounce rate 34%
Pages per visit 7.54
Average visit duration 00:05:41.3150000