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 1% and total costs of €10.00 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+
Costs & Discounts
At Kraken the route sets the price: simple buys in the app and on the web cost a fixed fee plus a spread, while Kraken Pro charges maker and taker rates based on your volume over the last 30 days.
| Transaction | Cost at Kraken |
|---|---|
| Instant buy, instant sell and recurring buys | 1% plus spread in the price |
| Custom orders in simple mode | 1.5% plus spread |
| Kraken+ (subscription) | no trading fee up to USD 10,000 volume per month, spread and card fees still apply |
| Converting small balances | 3% below the minimum order size |
| Kraken Pro, tier 1 (up to USD 2,500 in 30 days) | 0.40% maker, 0.80% taker |
| Kraken Pro, tier 3 (from USD 10,000) | 0.22% maker, 0.38% taker |
| Kraken Pro, tier 5 (from USD 50,000) | 0.15% maker, 0.30% taker |
| Deposits and withdrawals | depending on method and currency, shown before you confirm |
How to save: Even in tier 1, Kraken Pro at 0.80% taker is cheaper than an instant buy at 1% plus spread, and limit orders as a maker cost 0.40%. If you buy less than USD 10,000 a month, look at Kraken+. See how Kraken compares in our crypto exchange comparison.
Fees as of 21 October 2026 according to the Kraken fee schedule.
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
- 629 cryptocurrencies tradable
- Savings plan and staking on one platform
Tradeable Assets
- Cryptocurrencies (629 coins, 516 of them against the euro)
- 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
Show 19 more comparisons
- Kraken vs Bitcoin.de
- Kraken vs Backpack
- Kraken vs Flatex
- Kraken vs 21bitcoin
- Kraken vs Scalable Capital
- Kraken vs eToro
- Kraken vs Trade Republic
- Kraken vs justTrade
- Kraken vs Traders Place
- Kraken vs Relai
- Kraken vs BISON
- Kraken vs finanzen.net ZERO
- Kraken vs Revolut
- Kraken vs Smartbroker+
- Kraken vs ByBit EU
- Kraken vs KuCoin
- Kraken vs Gate.io
- Kraken vs XTB
- Kraken vs Coinbase
Reviews of other crypto exchanges
Show 13 more reviews
Recent articles about Kraken
October 16, 2026 1:35 PM
Kraken parent Payward buys Saldo Bank: the first crypto firm with a bank of its own in the EU
Payward, the parent of Kraken, agreed on October 14 to buy the Lithuanian Saldo Bank and would be the first crypto firm with a bank of its own in the EU. What is established, what stays open until the planned completion in 2027 and what may change for the protection of your euros.
October 12, 2026 6:50 PM
Kraken Lands Full Dubai Licence: Dirham Trading Goes Live for UAE Crypto Investors
Kraken has won full VARA approval in Dubai, clearing the way for dirham trading, margin, staking and tokenized stocks. Here is what UAE traders get.
October 8, 2026 7:18 PM
Kraken delisting on October 23: what you can do about the 13 removed tokens
Kraken halts trading in 13 crypto assets on October 23, 2026, with withdrawals running until the end of January 2027. Eleven of the assets have a euro pair, and across all eleven together only around 22,300 euros changed hands in a single day.
October 4, 2026 4:27 AM
VANRY on Kraken: withdrawals stay blocked until five minutes past the deadline — what you can do now
Kraken has blocked VANRY withdrawals until December 10, 2026, 15:05 UTC, five minutes after its own withdrawal deadline. Selling is ruled out, withdrawing is blocked, and forced liquidation follows in December.
October 1, 2026 7:38 AM
Buying Ethereum with PayPal: a 72-hour withdrawal lock is the real price of the convenience
PayPal does not trade crypto-assets in Germany, yet it still works as a deposit route at a crypto exchange. What arrives in ether out of 100 euros, why the fee appears only on the final page and what the 72-hour lock means for your ETH.
September 28, 2026 7:34 AM
The Most Profitable Crypto Airdrops of the Week: Week 40 and the October 15 Sonic Deadline
Sonic burns 32.69 million unclaimed S tokens on October 15, and 11 days remain. At Kraken, the liquidation of the Beldex and Humanity remnants ended on October 2. Grass pays stage 2 in USDC rather than in GRASS. All the week 40 dates, checked at the source.
September 26, 2026 7:40 AM
The RAIN Token After the Enlivex Termination: What to Check on Access, Forced Sale and Holding Period
Enlivex terminated a share placement of 66,666,667 shares payable in RAIN tokens on September 22, 2026. The token sits 46.4 percent below its all-time high, and at Kraken the withdrawal deadline expired long ago.
September 23, 2026 10:11 AM
Kraken: 45 coins are on cancel only, 21 were announced – what to check when trading pairs are blocked
On September 23, 2026 we counted the public market directories of three trading venues. At Kraken, 82 of 1,450 trading pairs are listed as cancel only, a state in which an order can only be cancelled and no longer executed. The 45 underlying assets affected include just 21 that appear in the delisting notice we reported on September 3.
Similar articles on this topic
October 23, 2026 10:41 AM
Altcoin season explained, 17 of 50 coins beat Bitcoin: what to watch now
An altcoin season is a ratio, not a mood: only when 75 percent of the large coins beat Bitcoin over 90 days does it count as confirmed. We measured the three metrics behind it ourselves and show where they mislead.
October 23, 2026 10:23 AM
XRP price prediction: the 100-day average crosses the 200-day average, 6.05 billion XRP move onto exchanges: what matters now
Our reading: on October 21 XRP's 100-day moving average rose above its 200-day average, the first time in our measurable series since May 11. Over the same stretch exchanges took in 6.05 billion XRP, and the two numbers point in different directions.
October 22, 2026 10:27 PM
Oil above $112, Bitcoin below $82,000: what it means for Bitcoin as an inflation hedge
Brent jumps to a five-month high and the crypto market falls in step with technology stocks. This assessment separates what is documented for October 22 from what remains open about Bitcoin as protection against inflation.
October 22, 2026 7:25 PM
Crypto market loses 4.2 percent in a day: why Ethereum is giving up 5.4 percent
Nasdaq down 2.1 percent, Brent crude at a five-month high: the crypto market gives up 4.2 percent, and Ether falls considerably harder than Bitcoin, by 5.4 percent. What set off the sell-off, and what can actually be checked today.
October 22, 2026 4:17 PM
Railway hack hits crypto bots and wallets: what to check and replace now
US host Railway reports possible access to its customers' secrets. For crypto bots and wallets that is particularly dangerous: analysts already count outflows of around $371,000.
October 22, 2026 1:45 PM
Cryptocurrency explained: how digital money works without a bank
A cryptocurrency is an entry in a public ledger that neither a bank nor a central bank controls on its own. This piece explains how that ledger works, what separates Bitcoin from the euro, and which rules apply in Germany to buying, custody and tax.
October 22, 2026 1:36 PM
What is an issuer? Meaning, examples and issuer risk
Context: who the issuer is in the case of a share, an ETF, an ETN, a certificate, a stablecoin and a stock token, what MiCA and prospectus law understand by it, and what an issuer insolvency leaves of 10,000 euros. With tables and a worked example.
October 22, 2026 10:33 AM
Bitcoin crash history: every fall of more than 50 percent since 2011
Analysis: seven times since 2011 Bitcoin has lost more than half its value, most recently 53 percent to June 2026. Every crash with its high, low, duration and recovery, the triggers from Mt.Gox to the tariff liquidations, and what investors can take from them.