What is a kraken?

The kraken (/ˈkrɑːkən/) is a legendary cephalopod-like sea monster in Scandinavian folklore of giant size.

Is Kraken a good crypto exchange?

Kraken is a reputable crypto exchange that takes security seriously. The platform has a history of conducting ongoing penetration tests to increase the level of protection on its system both via internal and external teams.

Is Kraken better than Binance?

Although Kraken and Binance focus on users with at least some knowledge of crypto and investing, Kraken’s website and exchange are easier to navigate. It’s also simpler to search for and access help articles on Kraken. But, of course, if you’re new to investing, the charting options on both platforms can feel overwhelming.

Is Kraken a real name?

Kraken was a name bandied about for a while. Locals seemed to like it too, according to team leadership. Fun fact: “Kraken” was the name of a sea monster from Pirates of the Caribbean, a series of movies produced by team co-owner Jerry Bruckheimer.