Kraken Review


Kraken
kraken
“Forex meets Bitcoin” This platform offers users a lot of features that you would normaly see in a trading bot. That being said, you dont have to use them if you just want to simply buy and sell.
Ease of use
The site is designed well and easy to use, but if you are unfamilar with all the buttons and wistles then you will need to do some reading. They do a good job of explaining all the features on the site.

Security
Kraken is known for good security. You can use PGP to communicate with them.

Trust
Kraken has been audited, they also have an audit feature that allows you to audit your balance at the exchange. This is not offered anywhere else.

Day Trading
This site is designed for day trading and has many features that you would want for day trading like “stop loss”.

Altcoins
You can trade Litecoin and Namecoin

Ease of use: A
Security: A
Trust: A+
Anonymous: No
Day Trading: A+
Altcoins: Yes, Litecoin, Namecoin

Exchange Ease of use Security Trust Anonymous Day Trading Altcoins
Coinbase
Review
A A+ A+ No C No
CEX.IO
review
A A A Yes(2FA only with SMS) A Yes
BTC-E
review
A A B+ Yes(no TOR) A+ Yes
Bitcoin.de
review
A A A No C No
Kraken
review
A A+ A No A+ Yes
Cryptsy
review
A- B+ B+ Yes A Yes
Localbitcoins
review
A B+ A Yes B No
Bitstamp
review
A B B- Yes C No