Is Kraken the Go-To Crypto Exchange in the UK? Security, Liquidity, and Bonuses Revealed
With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.
Kraken, one of the most trusted global crypto exchanges, remains a prominent trading platform with a strong presence in the UK. Supporting over 280 tokens and 740 crypto pairs, the exchange averages several hundreds of millions of dollars in daily trading volume.
Known for its high-security standards, Kraken takes cryptocurrency trading and investing to the next level by focusing on its user-friendly and deep liquidity crypto platform. Let’s uncover Kraken’s top features and see how this platform maintains a particularly strong presence in the UK.
Since its launch in 2011, Kraken has always been an extremely security-minded company that considers safety in all stages of product development. This not only involves theft prevention but also includes reliability, storage, and legal compliance.
Backing Kraken’s robust safety measures is a global team of professionals that ensures the platform remains one of the most secure crypto exchanges in the UK. Features such as two-factor authentication (2FA), signed and encrypted emails, and SSL encryption provide users with an enhanced sense of security and peace of mind.
As a crypto exchange with proof of reserves, Kraken ensures financial transparency for all its users. The site periodically partners with a third-party auditor to prove that clients’ funds are stored properly.
Furthermore, Kraken clients can even independently verify that their account balances were included in the third-party audits. The Kraken exchange keeps about just 5% of all crypto assets in a hot wallet, while the rest are held in
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