An Overview of Kraken Exchange for beginner crypto traders
Are you tired of looking for a perfect, secure, and reliable crypto exchange platform for executing your crypto trades? If yes, then look no further than Kraken Exchange. According to my personal opinion and by keeping an eye on various cyber-attacks in the crypto market, it is the best option to be chosen for executing your crypto trades. If you want to know more about the platform, then dive with us in our further sections of this write-up.
In our further content, we will cover two easy step-by-step guides that will help you in Kraken sign up and Kraken login. Along with that, we will also cover some advantages and disadvantages of using this platform.
Why choose Kraken Exchange?
There are several advantages of Kraken Exchange, which you will be able to take after your Kraken login.
- The platform lets you buy more than 200 different available cryptocurrencies.
- On its official website, you can easily find relevant information including, supported assets, how to close an account, minimum investment, and more.
- Whether you are an Android user or an iOS user, if you want to access your account on your mobile, then you can easily perform Kraken login through its mobile App.
- If you face any issues while using the platform, then the support team of Kraken is available 24*7 for you over call and chat.
- Along with that, the platform also offers a margin trading feature that lets you trade with up to 5x leverage.
The dark side of Kraken Exchange:
Along with the advantages of using Kraken Exchange, there are some disadvantages also which are mentioned as follows,
- Offers only limited options for funding your account.
- The platform is not available for the users of New York or Washington State.
- It does not offer insurance funds for assets on the platform.
- Charges high trading and withdrawal fees of up to 0.26% and $35.