Kraken review

Kraken is one of the oldest crypto exchanges that has been around since 2014 and currently boasts more than 2.2 million users. On average per day the exchange sees trading volume of  100-300 million. Per month Kraken has over 4 million visitors. It is among the widely used exchanges where users can buy bitcoin through debit/credit card, SWIFT, SEPA and Bank wire.

Please note that fees may vary based on your country or purchase amount. 

  • Highly liquid and high buy limits

 

  • Supports bitcoin purchase via bank wire transfer

  • Debit and credit card purchases supported

  • More than 30 different cryptos supported

  • Avaoilbek to users from 180+ countries

  • Daily trading volume 100-300 mln

  • Staking bonuses supported for Tezos, Dollar, Euro and Bitcoin

  • Kraken OTC

  • Long track record

  • Kraken doesn’t have a native token

  • Customer support is nit reliable

  • Charge High trading fees 0-1-0.42%​

Why is Kraken a trusted exchange?

Kraken has a good reputation due to its long history having been around since 2014. It is among the leading crypto exchanges in terms of compliance and users from over 180 countries can access and traded on the exchange safely.

Kraken Vs. other exchanges

Although Kraken has a good reputation and it is among the best platform to but btc safely at competitive prices there are other cryptocurrency exchanges out there also offering exceptional trading services. Here is how Kraken compares with other crypto exchanges.

  • Boasts more than 2.2 million daily users

 

  • Trading fees 0.1-0.42%

  • More than 30 different cryptos supported

  • Available to users from 180+ countries

  • Daily trading volume 100-300 mln

  • Highly trusted to buy BTC 

  • Enjoys more than 12 million daily users

 

  • Least trading charges 0.1-0.2%

  • Supports more than 190 different coins

  • Available to users from 180 countries

  • Daily trading volume 10 bln -12 bln

  • Binance OTC

  • Largest exchange globally in volume and most trusted

  • Enjoys more than 5 million users

 

  • Trading fees 0.1% - 0.4%

  • More than 118 crypotcurrencues supported

  • Huobi is available in over 130 countries

  • Daily trade volume 500 mln – 2 bln

  • OTC Huobi

Disclaimer

The information provided by the website is for educational purposes and should therefore not be considered as investment or financial advice by those who use the website. Note that cryptocurrencies have a considerable amount of risk and thus the need to consult with your financial advisor so that you can understand the risks involved. Avoid trading with money that you cannot afford to lose because there are no guaranteed profits. 
About US
The BestPlacetoBuyBitcoin website is strict to be used for research. It was designed as a professional guide through which traders can identify the three best cryptocurrency exchanges through which they can invest in cryptocurrencies. The information provided on the website is based on a strict analysis of the services provided by the exchanges with the highest trading volumes. We evaluate various factors including a comparison of trading volumes, cryptocurrencies listed, trading fees, the payment methods supported, number of users, and the countries where the exchanges are available. Our goal is for our website to be a useful tool through which people can select the ideal cryptocurrency trading platform. We aim to act as a guide that will help traders avoid the many scam platforms out there, and instead focus on helping them find a legitimate service that will align with their interests. We are proud to be a part of the blockchain and cryptocurrency movement and we select the best platforms that are suited especially for beginners in the crypto space.
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