Kraken Pro: Crypto Trading

8pm i went to the site to. I was greeted with virtual help. I had questions so I asked the IA a question. Seconds later a real support member greeted me and ask every question I had. Signup process was very easy. I am a experienced trader and I must say, this platform is top tier. But something else stands out more than just software and usability; access. With a support team that responsive, I can rest assure that whenever a issue comes, i will be able to handle accurately with a real support team. This is what matters most. It is when the mistakes happen that may cost you the most. I plan on creating a long term relationship with Kraken

I really WANT to like Kraken. But it’s really only for serious traders with a larger portfolio. I wanted to switch from Coinbase after reading reviews and exploring the website. I thought I did my homework but I can’t help but feel misled by Kraken’s fantastic marketing. The KYC and AML process is painful - it took a week to have my account verified (but I get the importance of this for customers in the USA considering the large deposit limits). You can only deposit USD via wire transfer. So that’s a 1-3 day waiting period and $25+ charge from your bank, and then another $5 from Kraken. I guess I assumed that Kraken would allow ACH/EFT deposits like Coinbase. The app is pretty good overall, and so is the desktop website. There’s a lot to like here. I would like to think that as I grow my portfolio and fall deeper into the rabbit hole of crypto, I will get more use out of Kraken. But for now, being somewhat new to the space, its not for me. If you’re not a serious trader with a larger portfolio, stick to something more suitable for beginners like Coinbase. Beginners and retail investors with less than $10k will likely be disappointed.

Kraken is the way to go guys. I did the research and tried out all the most popular US crypto exchanges for weeks. Compared to Coinbase and the others, Kraken offer several more of the best crypto coins you’ll want, their fees are among the lowest their and their user interface is the best I saw for intermediate to advanced users. Don’t get duped by Coinbase charging you 1.99% deposit fees, 2% “spread fees” for exchanging coins and only offering a few of the best crypto coins. Coinbase altogether or upgrade to Kraken. Trust me, you’ll be glad you did.

Everything works flawlessly with ONE exception. There is a delay in updating your balances and positions when you first open the app. Delay is about 10 seconds, give or take. Not a huge deal but worth noting. There have been times when I pulled up the app when I first awake in the morning, where it shows me my long position was doing really well (for example), only to change 10 seconds later to show that this position had actually been closed out over night. I would give the app 5 stars if they improve that refresh rate, but otherwise no complaints.

Hey There, I give this an excellent review . Since it has various volatile Cryptocurrency and the ability of exchanging it against FIAT instantly . I’m using Kraken since 2017 or 2016 but up still today it’s of great use and provide good feeds and live value of the exchange pairs . It’s being quite easy back in 2017 to verify my account. Experimenting FIAT deposit and withdrawal is still on the horizon .