Kraken Reviews
Established crypto exchange with 629 tradable coins, 516 of them directly against the euro. On the market since 2011, authorised in the EEA through Ireland's Payward Europe Solutions Limited.
Kraken Rating
Our Opinion
Kraken is considered one of the oldest and most established crypto exchanges and has been active in the market since 2011. With over 380 tradable cryptocurrencies as well as savings plan and staking features, the platform is appreciated by long-term investors. The extensive security protocols, including 2FA and account lock, are rated positively.
The trading fees of 0.99% and total costs of €9.90 per trade are in the middle range compared with cheaper providers. The lack of EU regulation or a BaFin license is occasionally criticized. Cost transparency is regarded as limited, which some users see as room for improvement.
Kraken is considered particularly suitable for investors who value a long-established platform with a wide coin selection and want to use savings plans and staking — even without EU regulation.
Pros & Cons
- 629 cryptocurrencies tradable, 516 of them directly against the euro (measured on 3 September 2026 via Kraken's public API)
- MiCA authorisation in the EEA through Payward Europe Solutions Limited, Ireland, supervised by the Central Bank of Ireland
- Savings plan and staking are offered
- On the market since 2011, one of the oldest crypto exchanges
- Kraken Pro at 0.40 % maker and 0.80 % taker is far cheaper than the simple buy route
- The simple buy route costs 1 % for instant and recurring trades, 1.5 % for custom orders
- The cheaper Pro rates require getting to grips with an order book interface
- Since 9 July 2026 volume tiers apply across products; the tier follows the highest of three values
- Kraken itself gives no consistent coin count, its own pages range from 200+ to 600+
User Experiences
AI Analysis1,184 analyzed reviewsOur AI collects and analyzes user reviews of Kraken from the web and summarizes the key findings.
According to the analyzed user reviews, Kraken is often described as simple and easy to understand, especially with regard to the app and basic usability. At the same time, users mainly report criticism of support-related topics and costs, so the overall picture from a user perspective is mixed.
Users particularly appreciate Kraken’s intuitive app and clear design, which are repeatedly described in reviews as easy to use. According to the reviews, getting started is quick for many users, and overall navigation is also mentioned positively. Some users report that the app does not open immediately, which makes usability appear limited from the perspective of individual reviews.
This analysis is based on 1184 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect users’ experiences and do not represent the site operator’s own assessment. All information without guarantee. Status: March 2026. This comparison does not constitute investment advice.
Features
Feature Scope
Highlights
- On the market since 2011 with a significant market presence
- Comprehensive security protocols incl. 2FA and account lock
- 380+ cryptocurrencies tradable
- Savings plan and staking on one platform
Tradeable Assets
- Cryptocurrencies (380+ coins)
- Staking products
- Savings plan investments
Trading Options
- Spot trading (buying and selling)
- Savings plan function
- Staking
- Wallet transfer to external wallets
About Kraken
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Recent articles about Kraken
September 11, 2026 4:22 PM
Kraken Disruption Meets Delisting Deadline: How to Check Whether Your Coin Can Still Be Withdrawn Today
Deposits and withdrawals on several networks have been disrupted at Kraken since September 4, and since this morning Polkadot as well. For one of the affected tokens trading also ends at 14:00 UTC: we went through all 725 of the exchange's funding services ourselves.
September 5, 2026 4:11 PM
Kraken Withdrawal Deadline on 25 September: Why Humanity and Beldex Holders Have Two Tokens in Their Account
Kraken closes withdrawals for four tickers on 25 September 2026 at 14:00 UTC: $H, $HUMANITY, $BDX and $BELDEX. Anyone holding a balance in June has had two positions since, and both expire in the same minute.
September 4, 2026 10:32 AM
Crypto Deadlines This Autumn: Nine Cut-Off Dates Checked, and Only Three Leave You Time After Trading Ends
Nine running crypto deadlines, eleven provider pages, one query date: we counted how much time really lies between the end of trading and the withdrawal cut-off. In six of nine cases the stated date is the end of the line.
September 3, 2026 4:41 AM
Kraken Delists 21 Tokens: Trading Ends September 11, and Europe Has No Second Venue
Kraken switches off trading and deposits for 21 cryptocurrencies on September 11, 2026 at 14:00 UTC, while withdrawals run until December 10. Our September 3 survey shows that at Bitvavo, Coinbase and Bitstamp none of these tokens currently accepts a deposit.
August 27, 2026 10:32 AM
A Securities Account at the Crypto Exchange: Why Capital Gains Tax and Anlage KAP Are on You
On August 18, 2026 Kraken opened trading in more than 7,000 US stocks to customers in the European Economic Area, provided by a Cypriot investment firm. That puts the securities account abroad, and German capital gains tax, loss offsetting and the saver’s allowance now run through your own tax return.
August 27, 2026 7:29 AM
Dust Attack on Kraken: Why 12,000 Tiny Deposits Froze Customer Accounts
Between August 17 and 24, Kraken received almost 12,000 tiny amounts from wallets that analytics services attribute to the sanctioned exchange HTX. The automated sanctions screening then froze the accounts of customers who had nothing to do with it.
August 23, 2026 4:43 AM
Withdrawal Hold and Minimum Amount: Why Your Balance Will Not Leave Before the Deadline
A withdrawal hold pins your balance down for days after certain deposits, and a minimum withdrawal amount blocks small residual holdings entirely. On August 22, 2026 we checked which trading venues name these two rules publicly at all.
August 22, 2026 10:37 PM
Transferring Delisted Tokens: 16 of 21 Kraken Assets Have No Fallback Exchange
On 27 August at 14:00 UTC Kraken closes withdrawals for 21 delisted tokens, and from 1 September the exchange sells the remainder itself. Our count of 34 tokens against six venues shows which assets still have a transfer destination at all.
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Crypto ETN in Your Portfolio: How to Check Who Really Owes You the Bitcoin
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September 12, 2026 7:13 AM
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September 11, 2026 4:22 PM
Kraken Disruption Meets Delisting Deadline: How to Check Whether Your Coin Can Still Be Withdrawn Today
Deposits and withdrawals on several networks have been disrupted at Kraken since September 4, and since this morning Polkadot as well. For one of the affected tokens trading also ends at 14:00 UTC: we went through all 725 of the exchange's funding services ourselves.
September 11, 2026 4:13 PM
How to Calculate Your Liquidation Price: When the Exchange Closes Your Leveraged Position
The liquidation price is the level at which your exchange force-closes a leveraged position. Here are the formula for long and short, a worked example, and the cost items that squeeze the buffer tighter in practice than the arithmetic suggests.