Kraken
The Veteran Exchange
Overview: Kraken is one of the oldest cryptocurrency exchanges, founded in 2011. It is known for its strong security measures, wide range of cryptocurrencies, and advanced trading features. Kraken is particularly popular among European traders and institutions.
Pros:
- High Security: Kraken is renowned for its security protocols, including two-factor authentication and cold storage.
- Wide Range of Assets: Kraken supports over 100 cryptocurrencies, offering a good mix of popular and niche coins.
- Advanced Trading: Kraken offers futures, margin trading, and a range of advanced order types, making it a favorite among professional traders.
Cons:
- User Interface: While powerful, Kraken's interface can be less intuitive for beginners.
- Slow Customer Support: Some users have reported slow response times from customer support.
Verdict: 9.4/10 - Kraken is perfect for advanced users and institutions who value security and a wide range of assets.
