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Kraken Cryptocurrency Exchange

Kraken-Cryptocurrency-Exchange Kraken Cryptocurrency Exchange

Currently, 59 currency pairs are traded on Kraken. Commission for operations depends on the pair and volume of the transaction and for most pairs does not exceed 0.26%. It is allowed to deposit and withdraw funds with the help of a crypto-currency purse, or by bank transfer. To start any operations, you need to verify your account: for trading, as well as entering or withdrawing funds from cryptotices, it is enough to specify personal data, you need to provide copies of documents to use the bank transfer. The daily limit of withdrawal of funds in fiat money is 25 thousand dollars, for crypto-currency is the equivalent of 50 thousand dollars.

Most of the users' funds are stored on "cold" or "semi-cold" carriers, all personal information of clients is encrypted, and two-factor authorization is possible when setting up access to the account. This exchange is well suited for those who want to always have the opportunity to withdraw money earned in fiat money. In addition, the daily limits on withdrawal in the crypto currency at Kraken are also among the highest on the market, it is convenient for large players.

The hometown of this exchange is San Francisco, where it was officially registered in 2011. At the moment on the stock exchange you can trade in crypto currency (BTC, LTC, NMC, NSP, XDG, XVN) and fiat money (USD, EUR, JPY, GBP). There are several options for input and output of funds, depending on the type of currency. For dollars, the list of available methods is limited to bank transfer and ABA, euro can be entered or withdrawn by bank transfer, SWIFT and SEPA. Initially, the commission for all transfers is 0.2% of the amount, but as the trade turnover increases, it decreases. Each user of the exchange can have one of five levels of verification.

The level of verification depends on the features that are available to the user on the exchange:

  • for the zero level everything is limited to observation;
  • verification of the first level makes it possible to enter and withdraw the crypto currency, and the second level - to conduct the same operations with the national one;
  • verification of the third and fourth levels increases the limits of the turnover of funds.

The best bitcoin exchange is needed for serious and professional bitcoin traders. Bitcoin security must be impeccable. Banking relationships must be sound and reliable. The trading engine must be fast. Order types must be advanced. And profits must be able to be multiplied with Bitcoin margin trading so you can leverage long bitcoin positions or short bitcoin positions.

Location: San Francisco, USA


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