● TOP EXCHANGE · 2026 CEX PROOF OF RESERVES FINCEN MSB FCA REGISTERED
Kraken review
Most trusted exchange for security-conscious traders
The verdict
8.0 / 10 · BUY
Never been hacked in 13 years, strong regulatory standing, and a solid product. Fees are reasonable and the platform suits both beginners and professionals.
◆ BUY IT IF
- Unmatched security record — zero hacks in 13 years
- Strong regulatory standing in US, EU, UK
- Good customer support (24/7 live chat)
- Kraken Bank adds banking features for US users
◇ SKIP IT IF
- Smaller coin selection than Binance/OKX
- Higher fees than Binance
- UI can feel dated vs competitors
- Not available in all US states
§ 01 SCORE BREAKDOWN
Seven axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
FinCEN MSB (US). FCA registered (UK). VASP registered in EU countries. Kraken Bank holds Wyoming SPDI charter.
Trading fees
Maker 0.16% · Taker 0.26%
Coin selection
200 coins supported
Liquidity
CEX — order-book depth
User experience
Security
Publishes Proof of Reserves
Support
§ 02 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- FinCEN MSB (US). FCA registered (UK). VASP registered in EU countries. Kraken Bank holds Wyoming SPDI charter.
- KYC required
- Yes
- Proof of Reserves
- Yes
- Founded
- 2011
- Type
- CEX
Fees
- Maker fee
- 0.16%
- Taker fee
- 0.26%
- Withdrawal fee
- Variable by asset; free for fiat via bank transfer
Trading
- Spot trading
- Yes
- Futures trading
- Yes
- Margin trading
- Yes
- Copy trading
- No
- Supported coins
- 200
Other features
- Earn / staking
- Yes
- Debit card
- No
- Fiat on-ramp
- Yes
§ 03 FAQ
Frequently Asked Questions
Is Kraken safe to use? +
Kraken FinCEN MSB (US). FCA registered (UK). VASP registered in EU countries. Kraken Bank holds Wyoming SPDI charter.. The platform publishes proof of reserves.
What are Kraken's trading fees? +
Kraken charges 0.16% maker fee and 0.26% taker fee. Futures fees start at 0.02% maker / 0.05% taker. Staking has no extra fee.
How many coins does Kraken support? +
Kraken supports 200 coins and tokens. Spot trading is available. Futures trading is also supported.
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