Kraken Reviews
Established US crypto exchange with 380+ coins, savings plan, staking, and fees starting at 0.99% since 2011.
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
- Over 380 cryptocurrencies available
- Savings plan and staking offered
- On the market since 2011 – one of the oldest crypto exchanges
- Payment methods: SEPA instant bank transfer, PayPal, and credit card
- Wallet transfer fees of approx. €1.49
- Minimum investment possible from €1
- Trading fees of 0.99% could be improved compared with cheaper exchanges
- Total costs of €9.90 per trade occasionally criticized
- Cost transparency is assessed as limited
- No EU regulation or BaFin license available
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
Compare Kraken
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Recent articles about Kraken
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.
August 20, 2026 1:18 PM
Kraken Liquidates Rain (RAIN): Withdrawal Deadline Ends on 15 September 2026
Kraken switches off withdrawals for Rain (RAIN) on 15 September 2026 at 14:00 UTC and then sells any remaining balances itself. Our own measurement of the trading venues shows why the alternative route is narrower than a rank of 13 by market capitalisation would suggest.
August 20, 2026 4:29 AM
Euro Trading Pairs at Crypto Exchanges: At Coinbase Exchange 34 of 399 Assets Have a Euro Order Book
On August 17, 2026 we counted the market directories of four crypto exchanges: 2,629 active trading pairs, 821 base assets. Where the euro pair is missing, one purchase turns into a chain of two trades, and the intermediate step is a separate transaction for tax.
August 19, 2026 7:16 AM
Crypto Exchange Deadlines: Seven Cut-Off Dates Run Out by August 31
Between August 17 and August 31, 2026, deadlines expire at seven providers that affect investors in Germany. We recorded the dates ourselves on August 16 and wrote down which step each platform demands.
August 18, 2026 4:45 PM
Crypto Savings Plans Compared: What Bison, justTRADE and Kraken State on Fees, Minimum Instalment and Interval
Crypto savings plans advertise free execution, yet the price almost always sits in the spread. On August 14, 2026 we retrieved nine provider pages and evaluated which terms actually stand there.
August 18, 2026 10:11 AM
Kraken Delisting: 56 Tokens Face Forced Liquidation, First Withdrawal Deadline August 27
Kraken is removing 56 cryptocurrencies from trading across three parallel cycles and then sells any remaining balances itself. The first withdrawal deadline ends on August 27, 2026 at 14:00 UTC.
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