Currently, Kraken Supports over 283 digital coins, including ETH, and BTC, it offers trading and purchasing crypto with supported country banks. In this article, we’ll show you how to download the Kraken Exchange app for Android and iPhone devices and also show you important information about Kraken.

What Is Kraken Exchange?

Kraken Exchange is a US-based centralized cryptocurrency exchange, initially established in September 2013. The platform supports over 283 cryptocurrencies. Users can use spot trading, margin trading, futures, indices, stakings, OTC, and an upcoming non-fungible token (NFT) marketplace. Kraken registrations globally, the platform is available in 200 countries.

Is Kraken Exchange safe?

Yes, it’s safe, because Kraken’s comprehensive approach to cybersecurity and information security management systems has earned the ISO/IEC 27001:2013 and SOC 2, Type 1 certifications. Kraken has around 8 million traders worldwide.

How to Use the Kraken Exchange App

Kraken is a centralized crypto exchange, That’s why you need to register or log in to Kraken with a Gmail account. Below is a step-by-step guide to help you start trading on Kraken.

• Download the Kraken App for Android or iPhone devices,
• Click on the ^register option.
• Enter a valid email address, choose a unique password, and hit the register button.
• Now verify your email address and then log in to your Kraken account.
• Please upload important documents, such as your selfie, NID/passport, and others, to confirm your identity.
• Now click on the right-down “WALLET” button.
• You need to deposit any crypto asset of your choice like BTC/ ETH/ TRX/ XRP to place your first order.
• When you click on the deposit button, you’ll get a special address and QR code. Use them to deposit assets into your Kraken account.
• Now hit the trade tab and start trading in crypto assets right away.

Note: Again If you don’t know how to Trade or how to deposit or withdraw crypto on Kraken, then we strongly recommend visiting the Kraken “Help Center” and learning it.

User Guide

Who is the owner of Kraken?

Kraken is owned by Payward Inc. Dave Ripley is the co-founder and CEO of Kraken Exchange. The company’s location is in San Francisco, California. The company is US-based but the exchange is not currently available to residents in the states of New York or Washington.

Kraken Fees

Kraken Exchange charges a variety of fee schedules depending on the product & usage level. The company charges a fee of 0.9% for stablecoins and 1.5% for other crypto assets. For Kraken Pro, maker fees range from 0.00% to 0.16% and taker fees range from 0.10% to 0.26%, depending on how often a user trades each 30 days. if you withdraw a crypto coin or token it takes a different type of amount.

Kraken Restricted Country list

While Kraken is available in 200 countries, some jurisdictions restrict or prohibit access due to regulatory reasons. Below is the Kraken-restricted country list :