kraken exchange

Well if we talk about Kraken exchange I think we can talk about the longest cryptocurrency exchange to date with its creation in 2011, a solid trajectory, and at least I have never had any problem there, it is true that you need to pass a KYC to operate there, but it is really worth it, it also has a staking program for all members who do not belong to the United States and has a security as enviable exchange, in addition is now passing a regulation In the state of Wyoming to be regulated as a bank.

Kraken crypto exchange, based in California, Kraken provides many features for advanced traders such as margin trading, Over the Counter (OTC), and futures trading which offers up to 50X leverage but only for certain countries. User funds stored on the Kraken exchange are very safe because they are stored offline and Kraken has never been hacked. However, there are some disadvantages of Kraken, such as not providing a self-custody crypto wallet. According to reports I've heard, users from New York and Washington cannot access the Kraken exchange. Also the off chain staking feature cannot be used by users from Germany and UK.

They have high payout limit means even greater than Binance itself so it is not for receive 1 $ commission the payout must exceeds 10 usd or 10 euro to be credited so you need another wallet for small payouts.

Then with its high payout limit then a lot of people might not use it. People might want to use an exchange that their little money can be processed easily without limitation

In my view it has good rating and it is working well I am also member there and enjoying their features.

I know Kraken exchange but I did not know it was created in 2011. Binance was created in 2017 but in a couple of years, it managed to become number one exchange.