Kraken
A long-established cryptocurrency exchange offering both simple buying and selling and more advanced trading.
- Platform type
- Cryptocurrency exchange
- Good to check for
- Long-established exchange
- Fees
- Check current fees on the provider’s site
- UK availability
- Availability and product access vary by region. Confirm what is currently available to UK users directly with Kraken.
- Risk & protection
- High risk. Not protected by the FSCS or Financial Ombudsman Service.
Overview
Kraken has operated since 2011 and provides spot trading along with more advanced products, across web, mobile apps and an API.
What it offers
Typically offers spot trading, recurring buys, staking-style products and more advanced trading tools. Available products differ by country.
Supports a wide range of trading pairs. Check the current supported assets on the Kraken website.
Things to check before signing up
- The current fees, on the provider’s own website.
- Whether the service is available to you as a UK user, and which features.
- The provider’s status on the FCA Register, and the FCA Warning List.
- How your funds are held, and what account security options exist.
Fees & availability
Fees vary by product and can change. Check the current fee schedule on the provider’s own website before signing up.
Security & custody
Kraken publishes information about its security practices. Review the current details on its own site; this is not a guarantee of protection.
Safety reminder
crypto.co.uk does not rank, score, or recommend providers, and does not confirm any provider’s regulatory status. Crypto is high risk and largely unregulated in the UK; most crypto is not protected by the FSCS or the Financial Ombudsman Service. Check a firm on the FCA Register and the FCA Warning List before signing up. Only invest what you can afford to lose.