
- 240+ margin trading pairs and 1000+ spot trading pairs.
- Longest-running centralized exchange with one of the cleanest security histories.
- Proof-of-reserve ratios for major cryptos are published on the website.
- Users can self-verify their proof-of-reserves.
- Strong US dominance: 11000+ stocks tradable on the exchange.
- Kraken+ subscription offers zero-fee trading (for at least $10,000 trading volume per month) and several other benefits.
Kraken is a centralized cryptocurrency exchange offering a comprehensive suite of trading and investing services. The platform has bifurcations for experienced traders and new investors. It counts among the best centralized exchanges in terms of liquidity and security, among other factors.
Boasting a Kaiko Liquidity score of 84, Kraken has fairly deep order books, complemented by a competitive fee structure. More than 240 margin trading pairs and over 1000 spot trading pairs are available on Kraken as of January 2026.
Kraken Pro is the trader-focused version of the platform, available both as a desktop application and a website. User experience is fairly consistent across phones and PCs. Kraken Pro has a highly customizable interface, offering several charting tools, API access, and more.
One of Kraken’s strongest geographical dominance is in North America, especially the US. US citizens can now trade over 11,000 stocks and ETFs using Kraken Pro.
Although Kraken’s regular platform offers various basic and advanced features, it’s an easy-to-use platform. Instant buy/sell/convert orders and even custom price targets can be placed on the basic platform. Additionally, the Earn program can also be accessed here. You can use the Auto-Earn feature to put your (eligible) crypto to work across staking and opt-in rewards programs; payouts get transferred weekly.
Kraken also offers various recurring buy options, covering both cryptos and stocks. It is increasingly turning into a one-stop financial services suite, covering blockchain and, now increasingly, traditional finance.
Disclaimers:
Not investment advice. Crypto trading involves risk of loss and is offered to US customers through Payward Interactive, Inc. View legal disclosures at kraken.com/legal/disclosures.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here.
Cancel anytime. Subscription benefits vary by region. Other fees may apply.
Availability of margin trading services is subject to certain limitations and eligibility criteria. Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement to learn more.
Geographic restrictions apply. Projected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change. Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked. Please refer to Kraken’s Terms of Service for additional information.
Securities and brokerage services offered by Kraken Securities LLC, member FINRA/SIPC. Digital asset services offered by Payward Interactive Inc., (NMLS ID:1843762) a FINCEN registered money services business, not a member of FINRA/SIPC and not FDIC insured.