By Akilorex Learn Community       Last updated: January 30, 2025     3 Min Read

Kraken is a trustworthy exchange with millions of users worldwide. It provides a large selection of cryptocurrencies, including Bitcoin, and is simple to use. Kraken stands out as a solid choice for both novice and experienced crypto traders now. 

1.What is the History of Kraken? 

Is the United States-based cryptocurrency exchange, was co-founded in 2011 by Jesse Powell, along with Thanh Luu and Michael Gronager. Jesse Powell played a crucial role in Kraken’s early development, and the exchange has since become a significant player in the crypto market.

2. What Are the Advantages of Using Kraken?

• Security 

Kraken prioritizes top-notch security measures, ensuring your assets are well-protected.

• Low Fees

Especially on its advanced Kraken Pro service, fees are among the lowest in the market.

• Wide Selection

With over 230 cryptocurrencies available for trading and more than 130 trading pairs, Kraken offers a diverse range of options. If you’re looking for an exchange with robust features and competitive fees, Kraken is worth considering.

• Support

Kraken offers robust customer support options to assist users in the industrie:

Live Chat/Phone Support/Help Center: 

Kraken’s support team has a strong track record of providing exceptional service.