About Kraken

Kraken is renowned as the go-to platform for professionals due to its advanced and impeccable services, making it a serious player in the trading world.

Kraken sets a high standard with its impressive features, serving as a benchmark for other crypto exchange platforms to improve their services. Notably, Kraken received approval from the MtGox trustee for trading and exchange.

Key Characteristics of a Good Trading/Exchange Platform

1. Advanced Security System
2. Trustworthy Banking Relationships
3. Sound and Fast Trading Engine and API Technology
4. Advanced Order and Contract Types
5. Capability for Determining Long or Short Positions in Bitcoin Margin Trading

Features of Kraken

• Liquidity: Kraken offers high liquidity, enabling speedy funding at low fees.
• Reliability: Providing 24/7 customer support and adhering to legal compliance.
• Security: Kraken prioritizes top-notch security, encrypting accounts, and storing funds in cold storage.
• Margin Trading: Kraken facilitates margin trading to determine Bitcoin's long or short positions, multiplying profit potential.
• Advanced Orders: Kraken's platform offers advanced order types, allowing users to prevent orders that result in losses rather than profits.