Kraken

Kraken is the largest Bitcoin exchange in euro volume and liquidity. Founded in 2011, Kraken is based in San Francisco.

With Kraken, you can buy, sell and margin trade Bitcoin (XBT), Etherum (ETH), Litecoin (LTC), Ripple (XRP), Monero (XMR), Augur (REP), Iconimi (ICN), Zcash (ZEC), Dash (DASH), Ether Classic (ETC), EOS (EOS), Gnosis (GNO), Melon (MLN), Zcash (ZEC), Dogecoin (XDG), Lumen (XLM), in exchange for Euro, US Dollar, Canadian Dollar, British Pound, and Japanese Yen.

Security: Kraken’s security experts have built in a number of measures to prevent the theft of money or information.

  • Coin Storage: All new deposits go directly to cold wallets. The vast majority of coins are stored in cold wallets. Only the coins that are needed to maintain operational liquidity are stored in hot (online) wallets. All wallets are encrypted.
  • User Account Security: Two-factor authentication is available for account login and funding, trading, and actions that can be performed using API keys. PGP/GPG for email encryption and email signature/verification. Isolated, highly secure system for uploading account verification documents. All sensitive account information, including verification documents, is encrypted and access to multiple highly secure systems is required to decrypt it. Global settings lock that can be enabled to prevent tampering of user account information, including withdrawal addresses, by an attacker who has gained access to the account.
  • System Security: Kraken’s servers reside in locked racks, in a locked private cage, inside a professional data center. Data is encrypted wherever possible, and systems are both redundant and isolated from one another. Data is replicated in real time and backed up on a daily basis.
  • Financial Security: Kraken maintain full reserves. Customer funds cannot be borrowed to fund operations, nor can they be lent, even for margin trading on our own platform.

Fees: Fees are charged on a per-trade basis. Taker fees vary between 0.10% and 0.26% depending on volume. Maker fees vary between 0% and 0.16% depending on volume.

September 7th, 2017 by VK-edit