Established in the United States, Kraken is a cryptocurrency exchange platform that facilitates buying, selling, and trading of a wide variety of assets at comparatively minimal commissions. Boasting an impressive euro volume and liquidity, Kraken allows on-the-move trading of over 100 crypto assets and 7 conventional currencies, namely USD, CAD, EUR, GBP, JPY, CHF, and AUD, through its online platform and mobile applications.
Founded in 2011, Kraken was a pioneer in the cryptocurrency exchange world, offering spot trading, derivatives, and index products among the initial services. Presently, the company offers a broad range of products and services, such as spot trading, margin trading, futures, indices, staking, and over-the-counter trading. An upcoming addition to their portfolio is a non-fungible token (NFT) marketplace. Serving over 8 million individual and institutional clients, Kraken is supported by notable backers like Digital Currency Group, Blockchain Capital, Tribe Capital, and Hummingbird Ventures, among others.