Kraken

Kraken is one of the popular and trusted crypto exchange platforms. It was founded in 2011, and it is based in the USA. The platform which was officially launched in 2013 lists more than 50  cryptocurrencies for trade.  It boasts of being one of the oldest cryptocurrency trading platforms. The trading fees for Kraken range between  0% to 0.26%.  The platform can pay rewards for staked coins. Kraken allows fiat currency exchange. Interestingly, it recently added two cryptos; Ocean Protocol (OCEAN) and Energy Web Token (EWT). You can consider Kraken alternatives if you are not content with its services.

Features

1. Has margins and  futures trading
2. Uses a maker/taker fee structure
3. Has a mobile App (iOS and Android)
4. Trading fees range from 0.00% to 0.26%
5. Uses Global Settings Lock, Masterkey, and Google Authenticator 2FA for
   Trading and Funding

Pros

• Offers secure exchange platform (GSL, 2FA)
• Allows fiat currency to crypto trade
• Offers the largest supported cryptocurrencies
• There are rewards for staked coins
• Offers advanced trading tools
• The transaction fees are low
• Has a simple and straightforward user interface
• Has proof of reserves audit

Cons

• Customer service is not that good (offers chats only)
• Does not have promotions
• The platform is not beginner-friendly

*You can check the following list for Kraken alternatives