Kraken is a cryptocurrency exchange founded in 2011 (officially launched in 2013), based in San Francisco, USA and founded by Jesse Powell. It aims to provide a secure and reliable trading platform that supports the trading of a wide range of cryptocurrencies and fiat currencies.Kraken was initially created in response to the security issues that existed in the marketplace at the time, particularly after the Mt. Gox hack, and Powell wanted to create a more secure trading environment.
Tip: To use this trading either the web version or the App side of the mobile phone requires the use of proxy software. However, it is available in Simplified Chinese.
Key Features
- Security: Kraken pays close attention to security, using a multi-layer encryption system, double authentication and cold storage of most assets to prevent hacking.
- Range of Services: The platform not only supports major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), but also offers margin trading, futures trading, and over-the-counter (OTC) trading.
- User Base: With over 7 million users to date, Kraken is the fourth largest crypto-asset exchange in the world, known for its low fees and diverse selection of assets.
