Kraken review
FlixoCrypt rating
Key facts
| Type | CEX (Exchanges (CEX)) |
|---|---|
| Trading fees | Maker 0.25% → 0.00% (Pro, volume) · Taker 0.40% → 0.10% |
| Withdrawal | Varies by asset |
| Free to use | Yes |
| KYC required | Yes |
| Regulated | Yes — US state MTLs; Various international registrations |
| Supported assets | 230+ |
| Country availability | United States, EU, UK, 190+ countries |
| Restricted regions | None listed |
| Available in India | Yes |
| Affiliate commission | revenue_share · 20% trading-fee revenue share (PLACEHOLDER — pending affiliate approval) |
| FlixoCrypt rating | 4.4 / 5 |
| Best for | Security-conscious traders who want a long-standing, reliable exchange |
| Last verified | 2026-06-29 |
Overview
Kraken is one of the oldest US-based exchanges, respected for security, reliability and transparency (regular proof-of-reserves). Kraken Pro offers competitive maker/taker fees, while the instant-buy flow is pricier. It supports 230+ assets across 190+ countries and requires KYC. It is a frequent choice for users who value a long, breach-free operating history.
Availability
Kraken is available in: United States, EU, UK, 190+ countries. Always confirm availability for your country on the official site, as regional support changes. India: Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
Pros
- Strong security and reliability reputation
- Competitive Pro fees
- Regular proof-of-reserves
Cons
- Simple "Instant Buy" fees are high
- Interface less polished than Coinbase
- Some features region-limited
Who it is for
- Best for: Security-conscious traders who want a long-standing, reliable exchange.
- Avoid if: You only use the high-fee instant-buy flow.
Verdict
A reliable, security-first exchange; use Kraken Pro for the competitive fees.
Related
Kraken FAQ
What is Kraken? +
Kraken is one of the oldest US-based exchanges, respected for security, reliability and transparency (regular proof-of-reserves). Kraken Pro offers competitive maker/taker fees, while the instant-buy flow is pricier. It supports 230+ assets across 190+ countries and requires KYC. It is a frequent choice for users who value a long, breach-free operating history.
Is Kraken safe? +
Kraken is regulated in one or more jurisdictions. Long track record with no major custody breach; strong proof-of-reserves history. As with any platform, use strong security and only hold what you need on it.
Does Kraken require KYC? +
Yes — identity verification (KYC) is required for most features.
What are Kraken's fees? +
Kraken fees: maker 0.25% → 0.00% (Pro, volume), taker 0.40% → 0.10%; withdrawals: Varies by asset. Always confirm current fees on the official site, as crypto fees change often.
Is Kraken available in India? +
Yes. Indian residents face 30% tax on crypto gains and 1% TDS on transactions above ₹50,000 per the Finance Act 2022.
What is Kraken best for? +
Security-conscious traders who want a long-standing, reliable exchange.
When should you avoid Kraken? +
Avoid Kraken if: You only use the high-fee instant-buy flow.
What are the main pros and cons of Kraken? +
Pros: Strong security and reliability reputation; Competitive Pro fees; Regular proof-of-reserves. Cons: Simple "Instant Buy" fees are high; Interface less polished than Coinbase; Some features region-limited.
Is Kraken regulated? +
Yes. US state MTLs; Various international registrations
When was this Kraken review last verified? +
This review was last verified on 2026-06-29 against the official site.
Reviewed by Arjun Mehta
Crypto analyst; 8+ years covering exchanges, wallets and DeFi
Last verified:
Sources
- Kraken — official site — verified