03Custody modelCustodial exchange with cold storage reserves.
04Identity verificationIntermediate and Pro verification tiers
FomoNewZ verdict
Who Kraken is built for
Kraken is strongest when used through its order-book product with an understood maker/taker schedule. It is a credible research candidate for active traders, but funding methods and regulatory coverage still require country-level checking.
Best for: Traders who want a conventional order book, transparent tiering and multiple funding routes.
Established cryptocurrency exchange with security focus and deep fiat support.
Supported countries
190+ countries supported
Supported assets
BTC, ETH, SOL, XRP, 200+ assets
Custody model
Custodial exchange with cold storage reserves.
Identity verification
Intermediate and Pro verification tiers
Fees
Kraken Pro
Maker from 0.16%, Taker from 0.26%
Rewards
Staking
Proof of Stake on-chain staking
Limits
Withdrawals
High limits on Pro tiers
Independent review
Kraken, examined in context
Fee discipline
Kraken Pro calculates trading fees using pair, maker/taker role and rolling 30-day volume. A canceled order does not incur a trade fee, while an executed order uses the applicable tier. Instant purchase should be evaluated from its final confirmation quote.
Funding and regulation
Deposit, withdrawal and cash-funding costs are method-specific. Check which Kraken entity serves the account and which protections or restrictions apply before transferring a material balance.
Product questions
Kraken FAQ
How do Kraken Pro fees work?
They use a maker/taker schedule based on the trading pair and rolling 30-day volume. The current tier should be checked on Kraken before placing an order.
Does Kraken charge for canceled orders?
Kraken's fee guidance says canceled, unfilled orders do not incur a trading fee.