What is Kraken?


Kraken Overview. Key Features and Reputation

kraken logo

Year Founded



San Francisco, USA

Regulatory Status

Maintains a focus on regulatory compliance, operating within various jurisdictions with licenses and registrations.

Suitable For

Traders of all experience levels, particularly those prioritizing security, a streamlined experience, and a focus on major cryptocurrencies.

Kraken is a well-established US-based cryptocurrency exchange known for its emphasis on security, compliance, and customer support. It caters to both experienced traders and those who prioritize a reliable, easy-to-use platform with educational resources. If security and regulatory alignment are top concerns, Kraken warrants strong consideration.


Kraken Assets & Features

Trading Tools

Interface types: Clean and intuitive platforms for both web and mobile, with varying levels of complexity.

Order Types: Market, limit, stop-loss, stop-limit, take-profit, and more complex conditional close orders.

Margin Trading: Offers margin trading with leverage.

Additional Features

Staking: Staking services available for a variety of popular cryptocurrencies.

Kraken Futures: Separate platform for derivatives trading.

Educational Resources: Extensive library of guides and articles.


Kraken Fees & Security

Fee Structure

Trading fees: Tiered maker/taker model with discounts based on trading volume. Can be slightly higher than some competitors.

Deposit/Withdrawal fees: Vary depending on the asset and method selected.


2FA, cold storage for the majority of assets, robust system security, and a history of prioritizing secure practices.

Kraken has maintained a strong security track record with minimal past incidents.


Kraken Customer Support


Ticket system, live chat, a comprehensive help center, and a dedicated support phone line.

Availability & Responsiveness

Kraken aims for high-quality support, though response times can occasionally be slow during peak periods.


Should You Consider Kraken for Your Crypto Needs?

Kraken could be an excellent fit if you prioritize the following:

  • Security and Reliability

    Kraken’s emphasis on security and regulatory compliance provides peace of mind.

  • User-Friendly Experience

    Intuitive platforms and educational resources are helpful for beginners and experienced traders alike.

  • Focus on Established Coins

    If you primarily trade major cryptocurrencies, Kraken’s selection is more than sufficient.

  • Customer Support

    Kraken’s multi-channel support and responsiveness are better than many other exchanges.

Important Considerations:

  • Slightly Higher Fees

    Kraken’s fees might be a bit higher compared to some less regulated competitors.

  • Limited Altcoin Selection

    If you extensively trade smaller-cap altcoins, other exchanges offer more variety.


How to track Kraken assets?

Monitor and capitalize all your Kraken assets with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.

Hodlezz app portfolio data and features

Easy guide to track and capitalize all your Kraken assets

Kraken app how to set API image

From the account tab, select [API]

From the API Setting page, select [Create API Key]

Kraken app how to set API image
Kraken app how to set API image

Follow the provided instructions and make sure the API is correctly set up to View/Read-Only

Copy the Public and Secret Key of your new API

Kraken app how to set API image

Use the Hodlezz mobile app to get more out of your CEX assets

Hodlezz app portfolio instructions

Open the Hodlezz mobile app and create a portfolio

Select the settings icon in your portfolio

Hodlezz app coin display
Hodlezz app Portfolio menu

Select [Add connector] from the menu

Select [Kraken] to sync all your Kraken assets

Kraken integration in Hodlezz app
API Setup in Hodlezz app instructions

Choose a name for your connector and insert your public and secret key of your Read-only API

Start tracking all your crypto assets now

Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.