Review

Kraken Reviewed by Vetteroo review

People who want a well-known exchange with many coins.

We check it out so you don’t have to.

Disclosure: Some links on this page are affiliate links. If you buy through them, we may earn a commission at no extra cost to you. We only recommend things we believe are useful. Read our full disclosure.

What it is
Crypto exchange for buying, selling and trading crypto
Best for
Buying and trading crypto on a long-running exchange
Price
Pro 0.40%/0.80% at Tier 1; Instant Buy 1% + spread, checked October 29, 2026
Prices checked
October 29, 2026

We researched Kraken's official pricing, plan terms, product pages, help documentation and Trustpilot profile. We haven't used Kraken ourselves, so this is a research-based review, not a hands-on test.

Who it’s best for

  • People who want a well-known exchange with many coins.
  • Active traders who will use the lower Kraken Pro fees.
  • Holders who want staking and other features in one account.

Who should skip it

  • Probably not the best fit if you only want to make a quick one-off card purchase into your own wallet, where Paybis is simpler.

How it works day to day

This part draws on Kraken’s own product pages, help center and documentation, read October 29, 2026 (listed under Sources). We haven’t used Kraken ourselves.

Day to day, you buy or sell in the Kraken app, or switch to Kraken Pro for order books, charts and lower fees.

Key features in use

  • Instant Buy in the main app.
  • Kraken Pro with limit orders and charts.
  • Staking where available.
  • Volume- or holdings-based fee tiers.

Setup and learning curve

You sign up, verify your identity, and fund the account with a bank transfer or card.

Integrations

API access for traders; tax tools such as CoinLedger can import Kraken history.

Support

Help center and 24/7 support, per Kraken.

Real-world use cases

  • A long-term buyer places monthly limit orders on Kraken Pro.
  • An active trader lowers fees by moving up tiers.
  • A holder stakes coins where it is offered.

What it costs

Prices checked October 29, 2026, from Kraken’s own pricing page unless noted. Prices change often, so check the official page before you buy.

  • Kraken Pro: fees fall with volume or assets held. Tier 1 (under $2,500 a month) is 0.40% maker and 0.80% taker; Tier 2 ($2,500+) is 0.30% and 0.60% (fee tiers updated July 9, 2026).
  • Instant Buy in the main Kraken app: a 1% fee, plus a spread and any payment method fee.
  • Buying with a card or other payment methods can add fees; Kraken shows them before you confirm.
  • Withdrawal fees vary by asset.

What we like

  • Long-running exchange (since 2011).
  • Lower fees on Kraken Pro than on Instant Buy.
  • Fees fall as your volume or holdings grow.
  • Many coins and trading pairs.

What to watch for

  • Trustpilot showed 3.2 out of 5 from 9,382 reviews as of October 29, 2026.
  • Regulators fined Kraken: $30 million to settle SEC charges over its US staking program (February 2023) and about $362,000 to settle OFAC sanctions violations (November 2022).
  • Instant Buy costs far more than Kraken Pro.

The fine print

  • Instant Buy purchases do not count toward Kraken Pro fee tiers.
  • Fees depend on your 30-day volume or assets on platform.
  • Features and staking options vary by country and US state.

The main alternative: Paybis Reviewed by Vetteroo

What it costs: 1.49% service fee (first purchase of each coin 0%), plus card and network fees, checked October 29, 2026

Read our full Paybis review

Pick Kraken Reviewed by Vetteroo if you…

  • trade often and can use Kraken Pro.
  • want many coins in one account.
  • hold assets on the exchange.

Pick Paybis Reviewed by Vetteroo if you…

  • make occasional card purchases.
  • want crypto sent straight to your wallet.

Our take

Kraken is a long-running exchange whose Pro fees are competitive once you trade enough. Instant Buy is costly, its outside rating is mixed, and it has settled with US regulators. For simple occasional purchases into your own wallet, compare Paybis.

Side by side

CompanyBest forStarting priceTrial / refund
Kraken Reviewed by VetterooBuying and trading crypto on a long-running exchangePro 0.40%/0.80% at Tier 1; Instant Buy 1% + spread, checked October 29, 2026Free account; trades are final
Paybis Reviewed by VetterooSimple card purchases of crypto into your own wallet1.49% service fee (first purchase of each coin 0%), plus card and network fees, checked October 29, 2026No account fee; all fees shown before you confirm

From our company records. Check the official pages for current prices.

What we checked

  • Kraken's pricing page and plan terms, read October 29, 2026
  • Kraken's Trustpilot profile, read October 29, 2026
  • SEC and OFAC settlement records for Kraken (Payward, Inc.)
  • Paybis's details: from its own review, read October 29, 2026
  • The other official pages listed under Sources (links checked October 29, 2026)

Sources

Visit Kraken’s official site

How we review

We read the company's own terms, test the sign-up or booking steps where we can, and compare it with alternatives. A commission never changes what we write. Read our disclosure.

Disclosure: Some links on this page are affiliate links. If you buy through them, we may earn a commission at no extra cost to you. We only recommend things we believe are useful. Read our full disclosure.