The kraken review is a cryptocurrency exchange that offers users the ability to buy, sell and trade various assets in a secure environment. The site is designed to meet the needs of both new and experienced traders alike.

The exchange features a user-friendly interface and a robust selection of trading options, including margin trading, futures, and advanced order types. In addition, users can use the kraken mobile app to access the full suite of functionality on the go.

Unlike some of its competitors, the kraken platform allows you to set price alerts, which send push notifications when an asset hits a certain target. However, this feature is only available to kraken pro users and isn’t offered by all competing exchanges. Explore here

Kraken’s fees are competitive and refreshingly transparent. They fall in the middle of the pack when compared to Coinbase, OKX, and KuCoin, but slightly higher than those of Binance. Fees for Maker and Taker orders also vary depending on the type of asset being traded.

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Despite its reputation as one of the most trustworthy crypto exchanges, kraken has not been without its share of issues. In June of 2024, the exchange was hit by a major hack that resulted in the loss of $3 million worth of digital assets. Fortunately, the incident was quickly addressed and users were compensated. In the aftermath, some users were wary of resuming transactions on the site. However, in light of the reassurances provided by management, most users have returned to the kraken platform with confidence.