![]() Kraken works to be as secure as possible, keeping most deposits in various cold storage (not permanently connected to the internet) facilities in various locations. ![]() USD transactions need to be fueled by bank purchases such as ACH or wire transfer. It’s important to note that, though it’s possible to use a credit card or debit card to fund a Kraken purchase, only euro-denominated cards are accepted. However, there is also an additional online banking processing fee of 0.5% when you make your purchase. For other cryptocurrency purchases, there is a fee of 1.5%. Kraken charges a 0.9% fee when purchasing stablecoins, which are cryptocurrencies tied to other assets, like the U.S. Access to margin accounts is one of the unique features, as well as over-the-counter services for those with larger positions. The platform offers a variety of order types and access to more than 50 coins and fiat currency pairs. ![]() This exchange is geared for more advanced cryptocurrency traders. Kraken was founded in 2011 and is headquartered in San Francisco, California. Send to digital wallet withdraw to bank account
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