Kraken
US-regulated exchange known for security and reliability
4.6Crypto ExchangesMin $0
Kraken is one of the oldest and most security-focused crypto exchanges, founded in 2011. Strong reputation in the US, EU and UK. Offers spot, futures, margin, staking and OTC trading. Has never been hacked.
Pros
- Strong regulatory standing in the US, UK and EU
- High security track record — no major breach in 12+ years
- Proof-of-Reserves attestations published quarterly
- Wide fiat on-ramp support including SWIFT, ACH and Fedwire
Cons
- Trading fees higher than Bybit/Binance on entry tiers
- Smaller asset selection than KuCoin or Bybit
- Web interface less polished than competitors
Fees
Spot maker/taker: 0.25%/0.40% base, scaling down to 0.00%/0.10% at $10M+ 30-day volume. Futures maker/taker: 0.02%/0.05%. Stablecoin pairs: 0.20%/0.20%.
Regulation
FinCEN MSB (US), NYDFS BitLicense (Kraken NY), FCA (UK, crypto registration), VARA (Dubai), AUSTRAC (Australia), MFSA (Malta) and EU MiCAR licences in progress.
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