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Kraken Bitcoin Exchange Review

Kraken Bitcoin Exchange Review

Author
  • Reliability
  • Security
  • Transparency
  • Exchange Fees
  • Customer Support

Bitcoin refers as a digital currency, and it is a kind of payment system through which transactions take place between users and no intermediary is required. In it, nodes which are network verified the transactions after verification the transaction get recorded in a world Léger. Bitcoin is in trend and there are various traders of bitcoin who promise you to provide best bitcoin exchange, but they don’t. So, if you are looking for a better bitcoin exchange, then there is only Kraken, which will provide you best bitcoin exchange. So, let us know about website Kraken.

About Kraken

Kraken is a one of the best bitcoin exchange which offers you best bitcoin exchange, and it is founded in the year 2011. They are the expert in it and provide exchange of bitcoin in Canadian dollars, us dollars, British pounds, and Japanese yen and so on. They are one of the trusted and reliable bitcoin exchanges according to independent media.

Services offer by Kraken

They offer numerous services regarding bitcoin.

  • They provide the best services for trade legal tenders of bitcoin or either ripples or vice versa in a very easy and convenient way.
  • They provide the services regarding purchase and sell of bitcoins and other digital assets
  • They are the reliable service providers as well they provide costumer care support 24 X 7 for 365 days a year
  • They Offer the best ever advance order type services like stop-loss order which the best option to reduce and manage any loss
  • Besides this, there are many services which are offered by Kraken and some services vary according to countries too.

Are Kraken is reliable?

Yes, they are 100% reliable as they are the famous name in bitcoin exchange or block chain technology.  Besides this, they are legally compliment and approved by their respective government. Providing you safe and secure bitcoin exchange is their first priority.

About security of Kraken

They ranked no. 1 when it comes to security. They will offer you coin storage, financial security, system security and legal compliance. These measures are developed by the team of experts which will make your valuable information safe and secure.

Trading platform of Kraken

Kraken is based on the cryptocurrency platform. It consists of Forex trading and bitcoin exchange. The trading platform of Kraken is very flexible, and you can trade in your own way. They focus on three essential things, and that are stop loss, trailing stop and profit. Besides this their relationship with banks are strong, and they have a legal security council.

Transaction fees and charges of Kraken

It is the plus point of Kraken is that they charge very low fees i.e. 0% and it will depend on your trading.

  • Fees are according to per trade basis.
  • Fees are also charged according to currency.
  • Besides this, $60/page is the processing fees charged by Kraken.

Pros of Kraken

  • Kraken will offer you trading and banking fees which are low and affordable by you. Their services are available at reasonable cost.
  • Best in Canada and one of the top choices for bitcoin exchange.
  • Responsive and offer you fast services.

Cons of Kraken

  • Volume lags a bit in bit coin and united state dollars.

Summary about Kraken

As said before is one of the top bitcoin exchange and they will provide you a trading platform which is the best among all bitcoin exchange, and when it comes to BTC/EUR trading, no one can beat them. Besides this, the fees and charges of Kraken are low and fit in their customer budget. In terms of security, they are best, and their various security features are reliable and perfect.

So, in all they are the best one for bitcoin exchange and if you deal in bitcoins then prefer Kraken and earn profits and increase your business.

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