Overview of Kraken Exchange
Kraken is a leading US-based cryptocurrency exchange established in 2011, offering a secure platform for buying, selling, and trading digital assets with competitive fees. Serving over 8 million users globally, Kraken provides:
- Spot trading
- Margin trading
- Futures contracts
- Staking rewards
- OTC services
- NFT marketplace (upcoming)
Backed by prominent investors like Digital Currency Group and Blockchain Capital, Kraken combines institutional-grade security with retail-friendly features.
Current Market Statistics (Updated Hourly)
| Metric | Value | 24h Change |
|---|---|---|
| Total Currencies | 33,913 | - |
| Market Capitalization | $3.51T | -1.12% โ |
| 24h Spot Volume | $47.23B | -10.3% โ |
๐ Explore Kraken's trading platform
Active Kraken Markets Breakdown
Top 10 Trading Pairs
| Asset | Pair | Price | 24h Change | 24h Volume | Market Share |
|---|---|---|---|---|---|
| Tether (USDT) | USDT/USD | $1.00 | 0% | $247.22M | 28.5% |
| Bitcoin (XBT) | XBT/USD | $109,037 | -0.54% | $110.94M | 12.8% |
| USD Coin (USDC) | USDC/USD | $1.00 | +0.01% | $62.46M | 7.21% |
| Ethereum (ETH) | ETH/USD | $2,550 | -1.58% | $55.34M | 6.39% |
| Bitcoin (XBT) | XBT/EUR | โฌ92,575 | -0.62% | $41.22M | 4.76% |
Key Observations:
- Stablecoins dominate trading volume (USDT + USDC = 35.7% combined share)
- Bitcoin maintains strong liquidity across USD/EUR pairs
- ETH shows higher volatility (-1.58%) compared to major stablecoins
Markets Excluded from Price Index Calculation
These specialized pairs aren't used in benchmark pricing:
| Asset | Pair | Price | Notable Feature |
|---|---|---|---|
| USDC | USDC/EUR | โฌ0.849 | Highest excluded volume ($103.9M) |
| USDT | USDT/GBP | ยฃ0.733 | +0.10% daily gain |
| TAO | TAO/USD | $322.67 | AI-focused token (-4.57%) |
๐ Discover alternative trading pairs
Kraken's Unique Value Proposition
- Regulatory Compliance: Fully licensed in the US with transparent operations
- Security Focus: 95% cold storage policy with regular audits
- Product Diversity: From beginner-friendly spot trading to advanced derivatives
- Staking Rewards: Up to 20% APY on supported assets
Frequently Asked Questions
Is Kraken available worldwide?
While headquartered in the US, Kraken serves most countries except sanctioned regions. Some products may have geographic restrictions.
What are Kraken's trading fees?
Fee structure ranges from 0% to 0.26% based on 30-day trading volume, with discounts for stablecoin pairs.
How does Kraken ensure fund security?
The platform employs:
- Multi-signature cold wallets
- Two-factor authentication
- Regular proof-of-reserve audits
Can I earn passive income on Kraken?
Yes, through:
- Staking supported coins
- Lending programs
- Referral bonuses
Why Choose Kraken?
With a decade-long track record, competitive pricing, and institutional-grade infrastructure, Kraken remains a top choice for both retail and professional traders seeking reliable crypto market access.