Global cryptocurrency trading platform
Kraken is the largest bitcoin exchange in euro volume and liquidity. The company is headquartered in San Francisco, United States. As one of the biggest fiat on-ramp for cryptocurrency, Kraken’s customers can also trade USD, CAD, ETH, XRP, LTC, and other digital currencies. Bitfinex, Poloniex, and Binance are some of their competitors.
Founded in 2011, Kraken was the first bitcoin exchange where its market data can be viewed at Bloomberg Terminal. It is also the first crypto exchange to pass a cryptographically verifiable proof-of-reserve audit, and one of the first exchanges to offer leveraged bitcoin margin trading. Kraken has millions of users from merchants, agencies, and authorities around the world. Some of its customers include Tokyo’s court-appointed trustee and Germany’s BaFin regulated Fidor Bank.