Kraken Platform Features and Fees
ResourcesThe Kraken platform features a robust selection of digital assets for trading and staking. Users can buy and sell over 245 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and EOS (EOS) as well as non-fungible tokens (NFTs). The exchange supports seven fiat currencies and allows cryptocurrency derivatives and futures trading.This link :theinvestorscentre.co.uk
The exchange also offers a variety of deposit and withdrawal options. Users can fund their account via Plaid, the mobile app or bank transfers. Depending on the method used, fees may apply.
Breaking Down Kraken Platform Features for Beginners
Customer support is a key feature for crypto traders and Kraken has a robust system in place for both chat and phone support. Frequent traders are assigned an account representative who can help with questions and requests.
While many cryptocurrency exchanges provide some sort of technical support, Kraken goes a step further with a dedicated help section on its site and live chat for users. In our tests of the chat system, it was possible to get in touch with a human in under a minute.
Security is a big concern for any cryptocurrency user and Kraken takes this seriously. The company’s website claims that it uses best practices for both physical and financial security. Its servers are located in secure cages and protected by armed guards, while its information is encrypted at the system and data level. Kraken also conducts regular penetration testing to identify weaknesses.
Users should take care to follow best practices for online security, using a strong password for their account and enabling two-factor authentication when possible. They should also make sure to check their email frequently for verification messages and withdrawal confirmations.