Kraken is one of the oldest cryptocurrency platforms in the crypto market, catering to both new and expert cryptocurrency traders.
By supporting over 200 cryptocurrencies, including altcoins and meme coins, Kraken gives investors more choices along with deep liquidity. The platform ranks No.
1 in Europe in large order executions with over 35% market . In February, the platform launched an institutional offering to vide solutions spot and over-the-counter (OTC) trading, custody and staking.
Reasons to Usevides access to a broad range of major cryptocurrencies and altcoinsCustomizable order types, charts and leveraged futures tradingStrong commitment to security and regulatory complianceTrusted by over 9 million clients in 190 countriesPotential DrawbacksNot available in all U.S.
states — no services to New York and Washington residentsYou pay higher fees if you are not on Kraken Multiple apps may be confusing to beginnetaking and rewards not available in the U.S.Table of ContentsKraken Quick Summary1.
Overview: What is Kraken ?2.
Key Value positions: Kraken & Futures tradingSee All 8 ItemsKraken Quick Summary Tradable assets200+ cryptocurrencies, including non-fungible tokens (NFTs), margin trading, futures trading, OTC trading, staking and morePlatformFully supports buying, selling and converting crypto using an intuitive interfaceMobile appKraken app to easily buy, sell and convert crypto and Kraken for a fessional trading experienceAccount minimumVaries depending on funding currency and cryptoAvailable account typesTaxable or individual 1.
Overview: What is Kraken ?Platform Description: Kraken is an advanced trading interface offered by Kraken, one of the world's leading and cryptocurrency exchanges.
It caters to traders seeking more sophisticated tools than those available on a standard crypto exchange interface.Key Differentiators: UI customization, fast trade execution speed, “seamless” spot and derivatives trading and available across mobile, web, and desktop.Other selling points: Advanced order types, access to spot and futures , robust charting tools, and in-depth analytics.2.
Key Value positions: Kraken & Futures tradingDepth and Liquidity: High liquidity across various trading pairs, ensuring competitive spreads and a reliable market for both spot and futures trading.Advanced Trading Tools: Multiple order types (market, limit, stop orders, etc.) and in-depth charts that allow users to execute complex trading strategies.Competitive Pricing:Spot: Low, volume-based fees that reward higher-volume traders with lower fees.Futures: Futures trading is generally lower cost than spot trading and allows users a capital-efficient way to trade with leverage.Kraken offers a premium platform with strong design and liquidity - we do not position our pricing as a distinctive value position and believe our clients are willing to pay for quality and security.Kraken is free to access, for anyone with a Kraken account.
Clients get unrestricted access to powerful charting and broad selection of indicators.Regulatory Compliance:Kraken comprises a number of offerings and instruments that are subject to different regulatory requirements - transferring fiat currency ( USD or EUR) onto the platform requires different licensing than trading e.g.
derivatives.In Europe, Futures trading on Kraken is subject to MiFID II regulation - that means we adhere to a variety of investor tection, KYC and operational controls to ensure a secure and reliable trading experience for our users.Within futures and derivatives trading, traders have many offshore trading options that offer users no guarantee of security or regulatory supervision and adherence.Security: Kraken has a long legacy leading the industry in security practices, such as cold storage for digital assets and robust account tection features.3.
Accessing Kraken Web, Mobile & Desktop: Kraken is available as a web-based interface (.kraken.com) and through a dedicated mobile app (iOS and Android).
There is also a native desktop duct, KrakenDesktop.Account Setup: Users can on Kraken.com or on the mobile app, complete verification (ing KYC requirements), then seamlessly access Kraken once the account is apved.
There are additional KYC and appriateness requirements for leverage ducts futures trading that have slight variations by region.4.
How to Get Started with Trading Futures on Kraken Enable Futures Trading Users must meet eligibility requirements (varies by jurisdiction).Once eligible, a dedicated “Futures” tab will appear or become accessible within the account.Deposit Funds Fund the Kraken account via crypto deposits or fiat currency (bank transfer, wire, etc.), then allocate to the futures wallet.Select a Futures Contract Choose from a range of crypto futures contracts (e.g., BTC, ETH, and others).Set Order Parameters Place market or limit orders, specifying leverage, quantity, and price targets.Monitor & Manage Positions Track open positions and adjust or close them as market conditions evolve.5.
Why trade futures on Kraken ?
(RTBs)For existing crypto futures traders: duct simplicity + user experienceFor tradfi derivatives users: Kraken is one of the most compliant, secure and transparent futures trading platform.Kraken offers on-shore, regulated tradingWe are supervised by a highly esteemed regulatory body that ensures safety & soundness of our platform, nology, security, privacy, and governance.This is the same regulatory standards that have safeguarded the traditional investment sector for decadesAn EU regulated offering comes with firm rules on investor tectionWe have the added tection of our fiat and crypto services adhering to a separate but similarly stringent set of regulations as well.For all: The only place you can trade EU regulated perpetual futuresCapital efficiency: With a variety of collateral options available, and up to 50x leverage - our clients can execute a range of strategies while minimizing their capital requirements, allowing them to take on larger positions with less capital.
Trade with up to 50x leverageMulti-asset collateral including EUR, allowing users to hold the assets they choose for collateralStrong fiat onramps and ease of wallet transferComprehensive features and listings: 50+ derivatives Kraken ReviewBest For:SecurityVIEW S & CONS:securely through Kraken's websiteGet Started with KrakenCoinbase ReviewBest For:Active Crypto TradersVIEW S & CONS:securely through Coinbase's websiteearn free cryptoBinance ReviewBest For:Altcoin TradingVIEW S & CONS:securely through Binance US's websiteGet Started with BinanceeToro ReviewBest For:Social VIEW S & CONS:securely through eToro's websiteDiscover eToroWhat Else is Available on Kraken Spot Trading: Access an extensive list of cryptocurrencies with real-time charts and order books.Staking Services: Earn rewards on supported cryptocurrencies held in your Kraken account.Advanced Reporting & Analysis: Comprehensive trade history, order book data, and charting tools for more informed trading decisions.This marketing communication is int for informational purposes only and does not constitute an offer or solicitation to buy or sell any financial instruments or to participate in any particular trading strategy.
The information contained herein is not int to be a comprehensive description of the financial instruments or services offered by [Kraken] [Payward Europe Digital Solutions Limited - Cyprus.]Risk Warning: in derivatives involves significant risk and is not suitable for all investors.
The value of investments can go down as well as up, and investors may lose all their invested capital. In the case of leveraged ducts, losses may exceed the initial investment.
Past performance is not indicative of future results. Geographic restrictions apply.
jected annual rate is an estimate based on the average staking rewards accrued over the past period, before commission, and is subject to change.
Staking involves risks including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of assets while staked.
Please refer to Kraken's Terms of Service for additional information.Frequently Asked QuestionsQCan Kraken be trusted?AIndustry experts acknowledge Kraken as a safe platform for trading cryptocurrencies.
This does not mean that the platform is foolof. The best way to secure your crypto is to transfer it out of the exchange and store it in a hardware wallet.
QHow reputable is Kraken?AKraken has built a solid reputation among retail crypto investors. The bank has also been at the forefront of transparency, as shown through its periodic of-of-stake audit.
QIs Kraken Bank safe?AKraken Bank can be safe because the platform holds 95% of deposits in cold storage units around the world.
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