Is a top European based exchange
SEPA, Swift, JPY Bank Transfer, Crypto
Bitcoin: 0.001 BTC
Bitcoin Cash: 0.001 BCH
Ether: 0.005 ETH
Ether Classic: 0.005 ETC
Litecoin: 0.001 LTC
Zcash: 0.0001 ZEC
Monero: 0.05 XMR
Gnosis: 0.005 GNO
Ripple: 0.02 XRP
Lumen: 0.00002 XLM
Dogecoin: 2.00 XDG
Dash: 0.005 DASH
Augur: 0.01 REP
Iconomi: 0.2 ICN
Melon: 0.003 MLN
Eos: 0.5 EOS
Kraken is a top European based exchange and offers a variety of fiat to bitcoin pairs such as JPY, EUR, GBP and USD. Volume is decent especially on the JPY BTC pair after MT Gox's collaps - with Kraken assuming the mantle in that region. The exchange also has a smattering if popular crypto to crypto pairs including litecoin and dogecoin.
Another feature, but only for the brave is margin trading, with Kraken offering the ability to leverage your account balance on specific trading pairs. Although not for most this does give you cash more punch in the markets - but beware of margin calls draining your balance if the markets go against your trade.
Security is very high with their two factor authentication and PGP/GPG encyption.
Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for traders offering liquidity.
Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum. For JPY there is a minimum deposit of 5000 Yen and no transaction fee for deposit - but 20 Yen to withdraw.
US Based Exchange, with offices in Canada, Kraken is a major exchange which also provides Leverage of upto 5x and permits shorting. They allow you to automate trading by letting you place stoploss orders, and are fully compliant legally. Having 24/7 support across the year Kraken is one of the highest EUR volume exchanges.
User ReviewWrite review 0 reviews
You need to login to create review.