Kraken Review: Scam and Fake or not?
Kraken is a well-known crypto exchange, also offering several other products such as staking.
But is Kraken a scam?
No, it is not: According to our experience and review, Kraken is a safe crypto exchange.
About Kraken
This is everything you need to know about this crypto exchange at a glance:
| Name | Kraken |
|---|---|
| Website | kraken.com |
| Company | Payward Trading Ltd. |
| Address | c/o SHRM Trustees (BVI) Limited, Trinity Chambers, Ora et Labora Building, Road Town, Tortola, VG1110, British Virgin Islands |
| CEO | Jesse Powell |
| Founder | Jesse Powell, Thanh Luu |
| Founded | 2011 |
| Contact | Live Chat, Ticket System, Phone |
| Cryptocurrencies | 185+ |
| Markets | Spot, Margin, Derivates |
| Services | Staking, NFTs, Learn, API |
| Promotions | none |
| FIAT | USD, EUR, CAD, JPY, GBP, CHF, AUD, AED |
| Payment Methods | Credit Cards, Wire Transfer |
| Fees | 0% to 0.16% maker fees, 0.10% to 0.26% taker fees, several discount options, other fees might apply for different services |
| App | Kraken – Buy Bitcoin & Crypto, available for iOS and Android |
| KYC | 4 verification levels: Starter, Express, Intermediate, Pro |
| Languages | English, Spanish, Filipino, French, Italian, Portuguese, Russian, Vietnamese, Turkish, Ukrainian, Chinese, Japanese |
What profi say about Kraken and crypto investing:
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Heinrich Hase Kraken is a well-regarded cryptocurrency exchange known for its robust platform and wide selection of digital assets. However, individuals new to cryptocurrency trading might encounter challenges navigating its features. To simplify the process, utilizing trading bots and platforms with experienced traders executing trades on your behalf could lead to significant profits. With an initial investment of $250-$500, it's feasible to achieve daily earnings of around $1500. Kraken offers various trading options, yet beginners might benefit from exploring alternatives that offer user-friendly interfaces and educational resources for better guidance. While Kraken is a reputable exchange, newcomers should be aware of the learning curve and might prefer platforms that provide more comprehensive support to ensure a smoother entry into the world of cryptocurrency trading. |
