Kraken is a Bitcoin and cryptocurrency exchange platform where you can buy, sell and trade Bitcoin and other cryptocurrencies. Kraken trading platform may be for you if you are an experienced crypto trader, a total beginner, or a business with trading needs.
Jesse Powell founded Kraken back in 2011 to stimulate the adoption of cryptocurrency by anyone who wanted it. To give you and others financial liberation by providing a secure and quick platform to start investing in digital currencies.
As one of the first (and biggest) Bitcoin exchanges globally, Kraken is also one of the best places to trade crypto online. Low fees, excellent service, rigorous security standards, and versatile funding options are helping Kraken to stay as one of the best Bitcoin exchange platforms after all these years. Employing hundreds of people worldwide, the Kraken team works hard to empower you to invest in your financial independence.
Kraken: A Bitcoin Exchange For All
Suppose you are new to cryptocurrency but want to expand your trading portfolio to digital currencies. In that case, Kraken has an excellent knowledge base for crypto beginners with learning resources about Bitcoin and cryptocurrency trading, videos, and a podcast to quickly get you started.
If you a seasoned crypto trader and wonder if it will cost you less or look for a feature that your current Bitcoin and cryptocurrency trading platform does not include Kraken may offer the solution looking for since Kraken provides competitive prices and, in some cases, 0% fees.
Kraken also offers a solution for businesses looking for a crypto solution. Institutions like investment banks, brokers, FCMs, mutual, pension, and hedge funds, insurance firms, endowments, and other asset managers, proprietary trading firms, high-frequency trading firms, algorithmic trading firms, crypto-related business, ATMs, crypto payroll, or wallet services can benefit from Kraken API and their premium onboarding system to set it all up.
Kraken Bitcoin and Crypto Exchange Platform Features
Kraken cryptocurrency and Bitcoin exchange platform provides you with all the features you need to buy, sell and trade crypto at whatever trading expertise level you are.
- Security: Your cryptocurrency investments, digital assets, and identity are protected.
- Speed: Trade easily online and quickly to get the price you want on your assets.
- Low Fees: Trade with fees as low as 0% and get rewarded as you invest and trade more.
- 24/7 Support: Access a support team member via live chat at any time, or review the support documentation to find the answer you need.
- Fiat and Crypto Funding Options: Fund your account easily from wherever you are.
- Advance Trading Options: Grow your profits 5X when using margin trading.
- Large Trades: Access personalized service from the Kraken Trading Desk for larger transactions.
- Cryptocurrency Futures Investing: Maximize returns with up to 50x leverage.
- Real-time and Reference Rate Indices: Access accurate and aggregated prices for multiple cryptocurrencies at any time.
You will want to choose the best account level depending on your trading expertise level. Kraken offers three different account tiers — Starter, Intermediate, and Pro — that allow you to access different limits on bank transfers, cryptocurrency deposits, withdrawals, and additional features as you move up levels, like trading futures or OTC.
Sell, Buy, and Trade Bitcoin and Cryptocurrencies with Kraken
If you are new to crypto trading, you may want to review their videos, podcast, and learning knowledge base to start getting familiar with how to invest in Bitcoin and cryptocurrencies. Then, get started with trading in Kraken; it is quite simple and straightforward:
- Create an account: You will an email address, a username, and a strong password.
- Get verified: Choose the trading level or the account type you want to get verified for. The documentation and processing time varies depending on the account level you are applying for:
- For the Starter level, provide some personal details and get verified in a couple of minutes.
- For the Intermediate level, provide proof of ID and get verified in five minutes.
- For the Pro level, provide some financial info and get verified in a few days.
- Fund your account: Once verified, get in the funding tab of your account to deposit fiat currency, cryptocurrencies, or digital assets.
Now you are ready to start trading Bitcoin and other cryptocurrencies with Kraken.