What is Kraken and how does it work?

Why Kraken? Building the Internet of money As one of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to our excellent service, low fees, versatile funding options and rigorous security standards -- but this is only part of the story.

Is Kraken a good crypto exchange?

However, it is host to some of the biggest and most prominent crypto exchanges, one of which is Kraken. It is one of the most reputable crypto exchanges worldwide. So if you're in the US (or anywhere in the world!) and looking for a crypto exchange to use, Kraken is one you should consider. What Is Kraken?

What is the history of Kraken?

In September 2013, Kraken was launched, offering Bitcoin, Litecoin, and euro trades initially before going on to add additional currencies and margin trading. In March 2014, Kraken received a $5 million Series A investment from Hummingbird Ventures and Bitcoin Opportunity Fund.

Is Kraken bad for business?

In April 2018, Kraken refused compliance with an investigation by the New York Attorney General's Office regarding the measures taken by cryptocurrency exchanges to protect their customers from market manipulation and money laundering, finding the associated expenditure to be bad for business.