Kraken Trading Review is a well-established cryptocurrency exchange that offers excellent security and customer service. It’s considered a Coinbase alternative and is popular with traders for its OTC and margin trading options. This article will take a closer look at what sets Kraken apart from other exchanges, such as its fees, funding options, and features available for trading spot and futures cryptos.

Getting started with Kraken is quick and easy. Users simply need to enter their email address and password to activate their account. They will then be redirected to their dashboard, where they can see their account setup stage, all of their wallets, and their trade balance. It’s important to note that before users can fund or trade on Kraken, they will need to complete KYC and follow other online security best practices.

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Once logged in, users can also access Kraken Pro, an advanced desktop trading platform that’s perfect for more experienced traders. With low fees and competitive spreads, Kraken Pro allows users to discover opportunities through markets that are categorized by market capitalization, order types, and more. The platform also supports high-frequency trading and strategy backtesting, making it ideal for advanced users looking to optimize their trading performance.

Although Kraken is one of the most reputable exchanges, it’s not without its drawbacks. Some of the most notable issues include a lag in customer support and difficulty opening an account for newcomers. Additionally, the security measures in place may be too strict for some users.