Kraken

KrakenKraken is one of the most popular cryptocurrency exchanges. It is in first place in terms of trading volume in the BTCBTC/EUR pair.

Kraken is owned by Payward Payward Inc. The exchange is not controlled by any supervisory authority, but this is a standard situation for the cryptocurrency world (at least for today).

Kraken has managed to gain the trust of its users. No successful hacking attacks on the exchange have been recorded. In addition, Kraken was chosen as a platform through which users who were victims of the Mt.Gox scam could claim their lost funds.

Kraken has managed to gain the trust of its users. No successful hacking attacks on the exchange have been recorded. In addition, Kraken was chosen as a platform through which users who were victims of the Mt.Gox scam could claim their lost funds. Mt.Gox was a huge Japanese bitcoin bitcoin exchange that filed for bankruptcy in 2014 after a series of questionable incidents. The company was placed under special administration, with Kraken acting as a trusted partner to process payments to creditors.

Kraken keeps most of its assets in cold wallets, of course, except for those directly used to secure trades.

You will find quite a few tools for trading on Kraken. Kraken is primarily known as a platform for trading bitcoin and Ethereum Ethereum against fiat (USD and EUR), but altcoins are also present.Krakenpresent. Kraken provides leverage for only a few instruments. Its size varies from 1:2 to 1:5. Uncovered trades are charged a fee of 0.01% to 0.02% depending on the instrument. The commission is deducted every 4 hours.

Moreover, the commission is charged for participation in trading. Its size depends on the trading volumes of the last 30 days and on the role in which you act: from 0% to 0.16% for market makers and from 0.1% to 0.26% for managers. This size of commissions corresponds to the market average.

The TradingViewTradingView interface is used to build charts. It means that you will always have access to a wide range of technical analysis tools. The chart opens in an additional window that you can move and change as you see fit. Kraken also has a pretty good mobile app, which is currently only available to iOS iOS users.

You can only deposit fiat into the exchange using a bank transfer. Traditional payment methods, such as bank cards, PayPal PayPal or SkrillSkrill, are not supported. In addition to fiat, you can use cryptocurrencies to fund your account

Tier 1 - digital currencies can be deposited/withdrawn. Both digital and fiat currencies are available for trading. The size of the deposit is unlimited. You can withdraw up to $2,500 per day and up to $20,000 per month in equivalent. To pass this level of verification it is enough to provide name/surname, date of birth, country of residence and to confirm the phone number.

Tier 2 (Tier 2) - giving your address, you can deposit and withdraw fiat money by bank transfer from your account in European bankEuropean bank (SEPASEPA). You can deposit and withdraw up to $2.000 and $10.000 per day. Increasing the limits for cryptocurrencies: you can withdraw up to $5.000 per day and up to $50.000 per month.

Tier 3 (Tier 3) - to increase your deposit/withdrawal limits, provide proof of identity and proof of address that you specified in Tier 2. In fiat you will be able to deposit and withdraw $25,000 per day and $200,000 per month. In cryptocurrency - no limit for deposits and withdrawals - $50,000 per day and $200,000 per month.

Tier 4 - if you find Tier 3 limits too low you will have to contact support to agree on the possibility of raising the limits: $100.000 per day and $500.000 per month for deposits and withdrawals of fiat currency and cryptocurrencies.