I keep seeing the question a lot about which crypto exchange they should use. Every single time I tell them to use Kraken and this is why:
- It's at the time of this post the 5th largest cryptocurrency exchange
- Provides staking for more than 10 different cryptos including Cardano, Ethereum and Polkadot
- The fees are reasonable (0.9% fee for any stablecoins and 1.5% fee for any other crypto)
- Kraken has never been hacked or had funds stolen (so far)
- The exchange provides many layers of user security. Including F2A, Global settings lock and API keys
- The app has great UI and user experience
- Great and active customer support
- Provides monthly reports of the largest crypto
- Decent trading exchange with all tools available
- Monthly new cryptocurrencies are being added
- They've been part of cryptocurrency since 2011
- Kraken provides 101 videos everything related on crypto presented by their CEO (https://www.kraken.com/en-us/learn)
- This exchange ALWAYS let you sell or buy your crypto unless there's an announced maintenance
Feel free to add more in the comments.
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