Kraken

228 reviews, 79% of them positive; 10K WHUF vouched for them by 1 person.79% positive · 228 reviews· 10K WHUF vouched· Influence factor 165, above 33% of accounts

The record

From 127 activities · May 2026

Kraken is one of crypto's longest-running exchanges, founded in 2011 and widely trusted for its security-first approach—it has never suffered a major hack resulting in customer fund losses. The platform emphasizes cold storage custody, regular Proof of Reserves audits, regulatory compliance across multiple jurisdictions, and transparent operations. Users consistently praise its reliability, clean interface, solid liquidity, and professional tools for both beginners and experienced traders. Beyond spot trading, it offers futures, margin, staking, and newer products like xStocks (tokenized equities) and Ink Chain (an Ethereum L2). While some note occasional friction during high-demand token sales and fees that can be steep on the standard app, Kraken is broadly recognized as a dependable, no-nonsense platform that prioritizes stability and user protection over hype.

What people say

Received · 228 Given · 0

Vouched · 1 person · 10K WHUF at stakeAll vouches ›

1217Jero10d ago 10K WHUF“Best exchange with high ethics”

“Great user experience”I have been using Kraken for almost 5 years now and never had any serious problems. Had a great onboarding experience, the UI is great and the support as well. Would sincerely recommend it.

jasko · 1396· 1y ago9

“Kraken — Reliability Traders Appreciate”Kraken remains one of those exchanges you keep coming back to thanks to its reliable performance strong liquidity and intuitive interface. I like the fast order execution the wide selection of trading pairs and the overall experience that feels well suited for both active traders and long term investors.

Volinets · 1408· 3mo ago16

“AMAZING CEX”A reputable exchange that people can refer to. The liquidity is moderate, not as low as other smaller exchanges, which will help you limit the risk of slippage. However, other features need improvement because there is nothing groundbreaking.

GranSoldado · 1281· 1y ago11

“Solid US-based CEX”

EEL · 2115· 1y ago11

“Reliable CEX”Kraken is one of the most reliable CEXs out there. No hacks have occurred, W security, regular proof-of-reserves updates, licensed or registered across multiple jurisdictions (including the EU & UK) & good fiat infrastructure (EUR/USD). One issue worth pointing out is that the fees are currently quite high for small users. But on the other hand, you pay them for a fast, reliable experience & the security of your funds. And if you aren’t a day-to-day trader, you are unlikely to notice them. I would put this CEX alongside Coinbase, OKX & Bybit. Great for the average retail user!

Valerka Mops · 1430· 3mo ago8

“one of my favorite crypto exchanges”kraken has always been one of the exchanges i enjoy using the most. the interface is clean, the overall experience feels polished, and everything works the way you expect it to. the team keeps improving the platform and continues to build new products, which gives me confidence in its long term direction. for me, it remains one of the most reliable and enjoyable exchanges in the crypto space

Cooper15 · 1557· 3mo ago8

“One of the OG exchage.”Kraken has been in this industry for a very long time, I haven't personally used it as it's not available in my country. But I do consume a lot of web3 content from around the world, and reputable people only got positive things to say about kraken. However it's not as big as binance or upbit, but kraken holds it's own. Maintaining such good reputation for a very long time isn't easy in web3.

Jeetu · 1427· 3mo ago8

“secure and reliable”Kraken is a highly trusted cryptocurrency exchange, excelling in security, innovation, and user experience. With robust features like advanced 2FA, a privacy-focused Kraken Wallet, and new asset listings like $DOG and SWEAT, it caters to both retail and institutional traders. Its global reach, evidenced by a MICA license and partnerships, along with a user-friendly interface and strong community engagement on X, makes Kraken a top-tier platform. Recognized by Forbes as the best crypto platform in 2024, it’s a reliable choice for secure and diverse trading.

WAGMI🫡❤️ | · 1245· 1y ago10

“One of the Most Trusted Exchanges in Crypto”Kraken has built one of the strongest reputations in the industry by focusing on security, transparency, and long term reliability. While many exchanges have come and gone over the years, Kraken has remained a trusted platform through multiple market cycles. What stands out most is the company's commitment to crypto fundamentals. Strong security practices, Proof of Reserves, educational content, and public support for self custody have helped Kraken earn the trust of both newcomers and experienced users. The onboarding process is smooth, the interface is easy to navigate, and customer support is consistently rated among the best in the industry. Kraken may not always be the first exchange to launch every new feature or list every trending token, but that measured approach has helped reinforce its reputation as a dependable platform rather than one driven by hype. Like any centralized exchange, I would not recommend storing significant long term holdings on the platform. However, for trading, buying, selling, and moving funds on and off chain, Kraken remains one of the most reliable choices available today. Overall, Kraken continues to set a high standard for what a centralized exchange should be. It has earned its reputation through years of consistent execution and a clear commitment to user security and trust.

smo · 1607· 3mo ago9

“ICO Could Have Been Handled Better”Really disappointed with how Kraken handled the YieldBasis ICO. The sale was heavily botted, most of us never even saw the buy button live before it was sold out. On top of that, the website went down right when people were trying to get in. After all the buildup, the whole experience felt unfair and poorly managed.

chinnie 🌶️ · 1255· 1y ago · neutral9

“Support team is too bad, deposit money is still not seen after 3 days, this project has signs of scam”I joined the first launchpad on this project, I deposited money but it's been a few days, my money still hasn't come up and the support team keeps making excuses asking me to wait patiently. Just think about the project, I deposited money for a few days but it hasn't come up and the project support team is very bad, I'm feeling very worried about my money.

Amax 🎋 · 1253· 1y ago · negative9

“Great exchange. Few friends used and staked eth”

Andrew Forte · 1343· 1y ago25

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