If you are a crypto enthusiast, you might have heard of Kraken Exchange. Kraken is known as one of the oldest and top-notched cryptocurrency exchanges in the world.
Kraken was founded back in 2011 and is based in San Francisco. This digital assets trading platform is equipped with margin trading, over-the-counter (OTC), and offers an advanced trading platform.
Kraken is also renowned for its unique trading fee structure in the cryptocurrency exchange industry. When a trader's monthly trading volume increases, the trading fee gets discounted.
Kraken is one of the strongest crypto exchanges across the world.
In 2014, Kraken Exchange emerged as the top cryptocurrency exchange in terms of Euro volume for Bitcoin trading.
Kraken Exchange Interface
Kraken's interface is not beginner friendly. However, professional traders and investors can enjoy sophisticated insights available on the platform.
Moreover, its advanced options like margin and futures are suitable for modern-day traders.
Features and Functions
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24/7 Customer Support
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Bug Bounty - Kraken gives away bitcoin as a reward for notable bug finders.
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Kraken Futures - Qualified clients can use up to 50x with Ethereum, Litecoin, Bitcoin Cash, Ripple and Bitcoin futures available on Kraken.
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Margin Trading - The Kraken Trade Engine allows clients to use up to 5x, manage positions with advanced order options, and pay low charges.
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Excellent Security Features - Including two-factor-authenticator, withdrawal email confirmations, API key, global setting time lock etc.
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Staking - Kraken supports Polkadot (DOT), Cosmos (ATOM), Tezos (XTZ), Bitcoin (XBT), Euro (EUR), and US Dollar (USD).
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Kraken Pro - Kraken Pro is a mobile-optimized app available for both Android and iOS users.
Supported Currencies:
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Bitcoin (BTC)
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Monero (XMR)
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Waves (WAVES)
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Polkadot (DOT)
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Ethereum (ETH)
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Tether (USDT)
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Augur (REP)
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Cosmos (ATOM)
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Ripple (XRP)
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Ethereum Classic (ETC) Dogecoin (DOGE)
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Tezos (XTZ)
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Bitcoin Cash (BCH)
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Icon (ICX)
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Basic Attention Token (BAT) USD Coin (USDC)
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EOS (EOS)
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Qtum (QTUM)
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Kyber Network (KNC)
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Algorand (ALGO)
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Litecoin (LTC) etc.
Available Payment Methods
Krakern Exchange supports fiat currencies. Traders can deposit using both fiat and/or cryptocurrencies.
Pros and Cons
Pros:
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Advanced trading options
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Worldwide availability
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Cheaper trading fees depending on the volume
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One of the largest exchanges
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No previous record of being hacked
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Supports fiat currencies and cryptos for trading and deposits
Cons:
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The user interface is not beginner-friendly
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Week customer service
To conclude, Kraken is a well-built and very advanced platform offering customers extensive features. Kraken is one of the most trusted digital asset trading platforms in the industry. You may also read Kraken Exchange Review article on CoinQuora for more information.
This Gate.io Exchange Review article will discuss details, features, and pros and cons of Gate.io exchange cryptocurrency exchange platform.Gate.io offers a range of trading pairs and altcoins.
It also offers free-of-charge listing, margin lending, borrowing, and margin trading with leverage on cryptocurrencies.
This digital assets trading platform is catering to more than 130 countries.
Key Features and FunctionsGatechain: A new-gen public chain developed to ensure user asset security and offers decentralized transactions Gate.io Startup: The initial exchange offering (IEO) Index Perpetual Contracts: Traders can profit by short-term or long-term 1-20x leverage.
HODL and Earn: This features offers stable earnings for your cryptocurrency investment.
Margin Trading: Gate.io exchange offers 3-10x leverage ratesGatechain Token: The native currency for Gate.io Supported CryptocurrenciesGate.io supports BTC, ETC, EOS, Tezos and its native Getechain Token and many other cryptocurrencies.Interface Accepted Payment Methods This exchange platform doesn't support fiat-to-crypto service.
Binance, one of the world’s biggest crypto exchanges, has announced on July 5 that it will support the upcoming Ontology 2.0 network upgrade.
Ontology 2.0 will include the integration of a number of community-led upgrades to its MainNet.Binance says that it will end support of Neo Enhancement Protocol 5-based, or NEP5, ONT tokens deposits.
Any future deposits of NEP5 ONT will not be credited to users' Binance account, it indicates.Deposits and withdrawals of ONT will be stopped starting July 6 at 9 a.m. UTC.
Users will be notified when the Ontology upgraded network becomes stable and deposits and withdrawals are reopened, says Binance.Key notes about the Ontology 2.0 upgrades of Binance :1.
NEP5-based ONT tokens will no longer be supported on Binance.
Any future deposits of NEP5 ONT will not be credited to your account3.
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Wouldn’t it be great if you could convert your crypto assets into a way to buy the things you need everyday, and get useful products with Bitcoin?
that is possible with Crypto.com cryptocurrency cards.
Cryptocurrency staking refers to the process of storing crypto coins in a cryptocurrency wallet to get an opportunity to validate transactions in a block.
While staking crypto, the individual also receives a reward.
The development of the cryptocurrency industry has paved the way for the emergence of the latest ways or modern routes to make money online.
This is available to ordinary people as well.
Cryptocurrency trading, crypto staking, crypto investing and cryptocurrency mining are some of the many ways.
