Kraken review

Kraken holds a special place in the hearts of traders. This site is one of the legends, so every self-respecting user should have an account. With its help, you can profitably trade cryptocurrency using the Kraken trading bot. You need to read our review carefully to learn more about this famous site.

Brief information about Kraken

Kraken is one of the oldest and most famous trading platforms. It was created in 2011 but began to work only in 2013. The rights to it belong to Payward Inc. It is registered in the USA and has several offices in different cities of this state. Several status regulators control its activities, so there is no doubt about honesty and reliability. Also, the company does not hide information about the leaders and the most influential members of the team. Such openness captivates many traders and pushes them to start cooperation.

Kraken is a world-famous exchange. At the beginning of its existence, it offered a limited range of services, but over the years, it expanded its list to several points. Now Kraken customers can count on the safe conduct of various cryptocurrency transactions, exchange their assets and engage in trading. The latter is the main direction, so it is given the most attention. An essential advantage of Kraken is simplicity. It can be traced from the first steps when users enter the registration procedure.

The Kraken exchange is considered one of the most profitable. Unlike many other sites, it does not charge traders additional commissions but is limited to standard fees. Their size is relatively small, so that users may be confident in high costs. In cases where traders have to pay a commission, they are notified in advance, so any financial loss will not come as an unpleasant surprise.

Important features

The exchange and its trade bot Kraken are pretty simple, so it will not be difficult for any trader to understand the rules of their operation. It is important to remember that all actions should be performed in a specific sequence. Only in this way will it be possible to avoid problems and reveal all the possibilities of the service.

Procedure:

1.  First of all, go to the official Kraken website.
2. Look for the “Create account” button and click on it.
3. A registration form will appear on the page that opens, which you fill out without errors and without hiding any data.
4. You agree with all the terms of the exchange and confirm your desire to create an account.
5. Go to your account and go through the verification procedure. It is much simpler than most of Kraken’s competitors, so it takes less time and requires a minimum of personal information.
6. After verification is completed, go to the settings section. Choose the options you want and save your changes. After completing these steps, you can get to work.

Having chosen the Kraken exchange for work, you must be prepared for various surprises. Some of them can be pretty unpleasant, so studying every aspect of cooperation is essential.

Key features:

1. Support. Users rarely complain about the work of the support service, so you can safely rate it highly. The best way to communicate is to use online chat. It allows you to share not with a robot but with a live operator who will quickly study your problem and help you solve it as soon as possible. There is a critical nuance in the work of the support service that every user should know. It consists in communicating exclusively in English. People who do not know it can use online translators. This will slow down communication but will allow you to get the desired information.
2. Safety. Kraken is considered a safe platform, as its owners take various measures to ensure the safety of the money and users’ data. Two-step authentication and access to self-management of account security parameters were introduced to solve the tasks set. The only problematic points are clone sites. There are quite a lot of them, so traders need to carefully check the web resource address before starting the authorization procedure.
3. Bonuses. Kraken customers are deprived of any premiums and promotions. However, they can become a member of a unique bonus program. It involves the user studying all aspects of the web version or mobile application to find errors. If they can be found, the trader will receive a good reward, which can immediately be withdrawn from the exchange account.
4. Mobile application. Kraken is an officially registered platform, so its mobile version can be downloaded from any app store. It is available to owners of almost any gadget released no more than ten years ago. The Kraken app is as simple as the web version. It has a straightforward interface and beautiful design, which allows you to get absolute pleasure from working. In addition, both versions have a minimum of differences, so the trader does not need to study the instruction manual separately.

If you have yet to use Kraken, now is the time to catch up. This site and its trading bot Kraken allow you to conduct cryptocurrency transactions, making good profits profitably. Having thoroughly studied all the features of working on the stock exchange, trading will become an exciting pastime for you.