Kraken was founded in 2011 and is headquartered in San Francisco, United States. It is one of the oldest cryptocurrency exchanges in the world. Across more than 13 years of operation, Kraken has built a reputation for security and has not suffered a major platform security incident.
Security Kraken stores more than 95% of client assets in cold wallets, meaning offline storage designed to reduce hacking risk. The platform also undergoes regular third-party security reviews.
Regulation and licensing Kraken holds licenses and registrations in major markets including the United States, the European Union, the United Kingdom, and Canada. It is one of the exchanges operating under compliance frameworks in multiple jurisdictions.
Broad trading selection The platform supports 200+ crypto assets and offers spot, margin, futures, and xStocks trading, giving users with different risk preferences several ways to participate.
Low fees Spot maker fees can be as low as 0.16%, and higher monthly trading volume can reduce rates further, which is useful for active traders.
Kraken works for both beginners entering crypto for the first time and experienced traders who need more advanced tools. New users can start with spot trading, then explore additional features as they become familiar with the platform.
Registering with a referral code may also give new users access to rewards of up to $200, subject to Kraken's latest official terms.
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