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Kraken
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AI Summary
Last updated Oct 23, 2026A prominent centralized exchange, Kraken facilitates the trading of various cryptocurrencies. It offers users the ability to buy, sell, and trade digital assets across multiple trading pairs.
Ranked 13th among cryptocurrency exchanges, Kraken supports 88 trading pairs and lists 40 different coins. It is based in the United States and was founded on July 28, 2011. The platform has earned a Bitculator trust score of 7.5 out of 10.
Kraken has established itself as a significant player in the cryptocurrency market since its inception. It has grown its services and user base over the years, becoming known for its security features and user-friendly interface.
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Frequently asked questions
What is Kraken and where is it based/located?
Kraken is a centralized exchange (CEX) that offers spot trading, margin trading with leverage, and futures trading, subject to regional availability and eligibility requirements. Kraken also supports API trading. Kraken was founded by Jesse Powell and Thanh Luu in 2011. Kraken is headquartered in Cheyenne, Wyoming, United States, following a relocation announced in June 2025.
Is Kraken safe & legit?
How much are Kraken fees?
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