Do you know if Kraken is trustworthy and reliable? Do not worry, we will cover everything from supported cryptocurrencies and payment methods to customer support in this review. Letโ€™s have a look!

Kraken At a Glance

Minimum Trade 0.0001 BTC
Number of Cryptocurrencies More than 150
Account fees No deposit and withdrawal fees
Mobile App Mobile app is available
Customer Service 24/7 live Phone and chat support
Location United States

Kraken: Pros and Cons

Pros Cons
Secured platform Not available in all US states
Provide great user support Limited number of funding options
Support more countries  Slow verification process on Pro account
Large amount of digital assets  
Low exchange and transaction fee  
Best for crypto staking and margin trading
High liquidity  
Extensive educational material  

Kraken Features

Kraken is a full-service exchange offering many features, making it a popular choice among users. Letโ€™s have a look!

Customer Service

Kraken customer support is always available to assist you. They provide support through email, and users can also contact them directly through their chat feature. Moreover, their website has a detailed FAQ page that provides answers to common queries about account related matters, fees and trading.

Mobile App

Kraken has mobile apps that you can use on both Android and iOS devices. These apps are perfect for customers who want to access their accounts easily especially when they are on the move. Kraken offers three different versions of mobile apps for investing, pro trading and future trading.


Kraken is safe and secure platform. It hasnโ€™t been hacked and follows top security measures. 95% of deposits are kept offline, ensuring enough reserves for withdrawals. User information is encrypted and monitored 24/7. Additional security measures include 2FA, secure payments, and email configuration for withdrawals.


Traders on Kraken can earn 24% annually by staking their crypto. Staking on Kraken gives traders the power to earn massive rewards on their fiat currency and crypto holdings. Traders can also unstack their assets at any point in time without any penalities.

Available Assets on Kraken

Kraken offers more than 160 cryptocurrencies. Here is the list of available cryptocurrencies and coins on Kraken:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USD (USDT)
  • Ripple (XRP)
  • Cardano (ADA)
  • Solana (SOL)
  • Polkadot (DOT)
  • USD Coin (USDC)
  • Dogecoin (DOGE)
  • Uniswap (UNI)
  • Litecoin (LTC)
  • Shiba Inu (SHIB)
  • Stellar Lumens (XLM)
  • DAI (DAI)
  • Polygon (MATIC)
  • Tron (TRX)
  • Avalanche (AVAX)
  • Cosmos (ATOM)
  • Wrapped Bitcoin (WBTC)
  • Chainlink (LINK)
  • Ethereum Classic (ETC)
  • Monero (XMR)
  • Filecoin (FIL)
  • Bitcoin Cash (BCH)
  • Aptos (APT)
  • Lido DAO Token (LIDO)
  • Near Protocol (NEAR)
  • Quant (QNT)
  • Internet Computer (ICP)
  • Apecoin (APE)

Kraken Trading Fees

The table below shows the pricing tier for Kraken:

Pricing Tier Maker Fee Taker Fee
Less than $50,000 0.16% 0.26%
$50,001 to $100,000 0.14% 0.24%
$100,001 to $250,000 0.12% 0.22%
$250,001 to $500,000 0.10% 0.20%
$500,001 to $1,000,000 0.08% 0.18%
$1,000,001 to $2,500,000 0.06% 0.16%
$2,500,001 to $5,000,000 0.04% 0.14%
$5,000,001 to $10,000,000 0.02% 0.12%
More than $10,000,000 0.00% 0.1%

Kraken Funding Methods

Methods Buy Sell Speed
Bank Account (ACH) โœ” โœ” 3-5 business days
Credit/Debit Card โœ” โŒ Instant
Wire Transfer โœ” โœ” 1-3 business days
Cryptocurrency โœ” โœ” Instant

Reviews Highlights

Kraken Review

Frequently Asked Questions

Is Kraken good for beginners?

Kraken has relatively simple interface but it is more appropriate for advanced traders. Because beginners find it tricky rather than others.

What funding options does Kraken support?

Kraken offers a wide range of funding options depending on the userโ€™s location. These includes wire transfers, SWIFT deposits, credit/debit card payments, local bank transfers and more.
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