Kraken Review

Kraken Exchange Review

About

Based out of San Francisco, founded in 2011, the Kraken Bitcoin exchange Is now the largest exchange trading in Euro.

Often thought of as a British Bitcoin exchange, Kraken is the trustee for the on-going bankruptcy proceedings relating to the Mtgox case.

 

Getting Started / Verification

It’s super easy to create an account on Kraken, the sign-up process won’t take you longer than 5 minutes.

Verification like most of the larger exchanges can take a few days which is better than some.

Coin Support

MANY including, EOS, ETC, ETH, LTC, BTC, BCH, DSH and MORE.

 

Fees

Fees vary from pair to pair however the most common fee schedule is as follows:

 

Maker Taker Volume
0.16% 0.26% < 50,000
0.14% 0.24% < 100,000
0.12% 0.22% < 250,000
0.10% 0.20% < 500,000
0.08% 0.18% < 1,000,000
0.06% 0.16% < 2,500,000
0.04% 0.14% < 5,000,000
0.02% 0.12% < 10,000,000
0.00% 0.10% > 10,000,000

 

Conclusion

 

Kraken is one of the second-generation Bitcoin exchanges, it had the benefit of learning from some of the epic mistakes made by others and has subsequently earned the reputation of one of the safest exchanges in the world.

Kraken has 3rd party audits on its systems and has passed with flying colours.

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