Kraken Crypto Review is the most established cryptocurrency exchange in North America and has been in operation since 2011. It is known for its top-notch security, with physical as well as digital safeguards, and encourages good crypto hygiene. It is also a great option for those new to trading as it has some of the lowest trading fees on the market and offers a wide range of popular cryptos, including margin trading.

Getting started on Kraken is relatively simple. You will need to provide basic personal information (such as your name and email address) and a strong password. After submitting this, you will be sent a verification email to confirm your account. Once verified, you can fund your account with fiat currency (U.S. dollars are available) and begin purchasing cryptocurrencies. Kraken supports 261 different cryptocurrencies, making it easy to diversify your portfolio.

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Fees on Kraken are relatively low, though they can add up quickly if you use the instant buy feature or trade large quantities of certain coins. In addition, you will likely pay card transaction fees if you purchase crypto with your credit or debit card. These are charged by your card provider, not the exchange, and are unavoidable.

Customer support is one area where Kraken excels, with a knowledgeable and friendly team of specialists available through online chat or phone. We have found that in most cases, you can get help with a problem within seconds and that the wait time on the phone is never more than 10 minutes. In addition, you can access Kraken’s extensive knowledgebase for additional assistance. In addition to these resources, the platform supports two-factor authentication and allows you to lock your account to prevent unauthorized changes from being made to your funds.