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Kraken Reviews 6,750

TrustScore 3.5 out of 5

3.4

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Rated 1 out of 5 stars

Put £250 into buying cash and have been scammed, i have never got my money back. The 2 deposits spent 3 days pending then said failed and i have not got a refund 1) £150 deposit REF ID: FTLV9vD... See more

Company replied

Rated 3 out of 5 stars

You send things to an irresponsible team with no name and no method to talk to real persons until Frustration makes me and others seek other services where real people help with problems, not shuffle... See more

Company replied

Rated 5 out of 5 stars

So,i must say it's very very cool platform,well thinked,interface is great,some tips to learn,all is well done,withdrawal are instant,it took 30 seconds to come on my bank account,this is really great... See more

Company replied

Rated 5 out of 5 stars

My go to centralized exchange being in the United States. Great selection of tokens, super competitive fee structure, especially for Kraken Pro. I've been using Kraken for over 5 years and never had a... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. Asset Manager Service
  3. Investment Service

Written by the company

Kraken helps people own the power of their money. Founded in 2011, we're one of the world's longest-standing crypto platforms — now offering crypto, stocks, futures, staking, payments and more. Trusted by millions of institutions, professional traders, and consumers across 190+ countries. Proof of Reserves since 2014. Assets held 1:1.

Own the power of your money

Written by the company

Our mission: Accelerate the global adoption of crypto so everyone can achieve financial freedom and inclusion.
Since 2011, we've put that mission into practice by building one of the most transparent platforms in finance. Proof of Reserves since 2014. Assets held 1:1. A product lineup that now spans crypto, stocks, futures, staking and payments. Trusted by millions of consumers, professional traders, and institutions across 190+ countries.

Contact info

Start trading with as little as $10

Crypto, stocks, futures and more. Trusted by millions since 2011.

You should know

3.4

Average

TrustScore 3.5 out of 5

7K reviews

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Rated 1 out of 5 stars

I was ripped off when I bought SHIBU on…

I was ripped off when I bought SHIBU on Kraken. I paid $0.00000638. The crypto has not traded near this price in the last week or month. So how did I get charged for a price that never traded or printed. This is the last time I will ever use Kraken.

21 April 2026
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Reply from Kraken

Thanks for sharing your experience.

If you made an instant purchase, all fees, the exchange rate, and the amount of assets you’ll receive are shown on the confirmation screen before completing the transaction. The purchase is only finalized once confirmed, and it executes exactly as displayed.

If you’d like us to review your transaction in more detail, please feel free to reach out to us in-app or through our Socials, so we can assist you further.

Rated 1 out of 5 stars

I have for the last 3 weeks been trying…

I have for the last 3 weeks been trying to transfer MY money and you keep coming up with address and name have to be unique, well there is only 1 address and 1 name, you won't let me transfer back to my BANK ACCOUNT my money and NOW because i have been trying to transfer you have put a block on MY account, I have sent email after email< i have gone to support NOTHING, oh you did send me 2 emails but they didn't respond then you send me another email to say you have blocked my account

1 April 2026
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Reply from Kraken

Thank you for sharing your experience. When the error you mentioned appears, it means that an existing withdrawal address either :

1. The address is already registered and does not require registering again
2. The name is already being used for a registered address, any other name can be used instead (this does not affect the delivery, just a name you assign to saved addresses)
3. Both 1 and 2

If none of this resolves the issue, please reach out to us in-app, through any received e-mails or via Social. We're eager to help!

Rated 1 out of 5 stars

I don't like that I can't sell my…

I don't like that I can't sell my fractional stock share now that the stock i purchased completed a reverse split.

28 April 2026
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Reply from Kraken

Thanks for the review. We'd like to know more about your experience. Please reach out to us anytime through the app or via any of our Social Media, so we can provide assistance.

Rated 1 out of 5 stars

Got the account thought it was safe

Got the account thought it was safe. Out of no where there was $100 charge on account. Was not happy with the response.

23 April 2026
Unprompted review
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Reply from Kraken

We’re sorry to hear about your experience. Account security is extremely important to us, and we take reports like this seriously. We’d like to look into this further and help clarify what happened.

Please reach out to our support team in-app or through any of our Socials, so we can get you the assistance you need. We appreciate the opportunity to help resolve this.

Rated 5 out of 5 stars

Good exchange with solid security and…

Good exchange with solid security and decent fees. The advanced trading features are genuinely useful, but the UI can feel clunky at times. Reliable enough that I keep coming back.

28 April 2026
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Reply from Kraken

Thank you for the honest review! Security, fair fees, and powerful trading tools are exactly what we aim to deliver really glad they're keeping you coming back!

We hear you on the UI making the experience smoother is something we're always working on, so your feedback is genuinely appreciated.

Happy trading!
🐙

Rated 5 out of 5 stars

This is the #1 trusted crypto

This is the #1 trusted crypto marketplace. The ease of withdrawing and depositing makes it my go-to app for all my crypto trading needs. Keep it up, Kraken!!

28 April 2026
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Reply from Kraken

Thank you for your feedback Frank.

We’re glad to hear Kraken has become your go-to platform and that you’re finding deposits and withdrawals easy to use 👍

Rated 5 out of 5 stars

Excellent

Excellent
Great fast service

28 April 2026
Unprompted review
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Reply from Kraken

Amazing, we love to hear it! Thank you for sharing 💜

Rated 5 out of 5 stars

User friendly

User friendly, very adaptable and geared to different levels of sophistication.

28 April 2026
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Reply from Kraken

Thank you for that Christian 👍

Glad it feels user friendly and works well across different experience levels 🐙

Rated 5 out of 5 stars

I love kraken because is fast

I love kraken because is fast, security and accessibility !!!

27 April 2026
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Reply from Kraken

Great to hear! Thank you for sharing, Maria! Fast, simple and secure is the goal 😎🐙

Rated 2 out of 5 stars

I don't understand why I can't send…

I don't understand why I can't send coin when it says I have coin available

28 April 2026
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Reply from Kraken

Hi Roland,
Certain transactions, such as ACH purchases, PayPal, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. Cash deposits via ACH Plaid are held from withdrawal for 7 days. This hold applies to withdrawals in any crypto or fiat currency.

Once the hold expires, you will be able to withdraw your funds.

If you have further questions, please do not hesitate to get in touch with us: https://support.kraken.com/hc/en-us/articles/201351886

Kraken Support 🐙

Rated 1 out of 5 stars

Promised instant deposit, money got held

Promised instant deposit, got 7 day hold. Misleading, because I would've used another exchange to deposit or even different method.

28 April 2026
Unprompted review
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Reply from Kraken

Hey Noah - this would be from our Plaid deposit method and while it is instant there is a withdrdawal hold that gets incurred with these. Good news is we have options! DM us on another social platform:

https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media

Rated 3 out of 5 stars

Everything „okay“ BUT…

I myself was a longtime customer of the platform (1-2 years) but before 2 months there was a widespread event (also with documentation of reddit) that deposits werent credited to you account and just helt (there were cases of 10.000€). For myself it was around 200€ which werent credited and refunded SINCE NOW. (For 2 months I tried to contact the support but got basic, pre-written answers that their service is overworked right know…)
I mean it was a good experience since then but wtf? (I switched to another site and just hope my money isnt lost in Kraken)

Edit: Answer to the Kraken Reply: I already wrote your Krakensupport on Reddit aswell but got the same message that this need to be checked further etc. even tho I provided original bank transfers from my app. There is nothing to check...

7 February 2026
Unprompted review
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Reply from Kraken

Hi Lorenz, we appreciate your time with us, and we'd love for you to continue aboard.
We'd love to get in touch with you to understand what your request is, review the responses you've received and improve your experience.

Please slide into our DMs: https://support.kraken.com/hc/en-us/articles/201351886

We are looking forward to hearing from you,
Kraken Support 🐙

Rated 1 out of 5 stars

No help recovering my funds on there exchange

I deposited 299.48 ZRO (approx. $435) to Kraken via the Base L2 network instead of Ethereum Mainnet. The funds are sitting exactly where I sent them, at my allocated Kraken address: 0x96bb4638807e6dd491c117fb381aea1a27405215. Because this is a standard EOA wallet and Base is EVM-compatible, Kraken technically has the private keys to access these funds right now. They refuse to help, claiming it's 'impossible' or 'unsupported,' despite other exchanges like Binance having automated tools for this exact fix. I’ve escalated this to the UK Financial Ombudsman as it’s unfair to withhold customer funds they clearly control. $435 may be small to a billion-dollar exchange, but it’s a significant loss for a retail user.

21 April 2026
Unprompted review
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Reply from Kraken

We understand how frustrating this situation must be, and we’re sorry to hear about your experience.

Recovering funds sent via an unsupported network can be extremely complex and time- and resource-intensive, and in many cases may not be possible. These types of recoveries require careful manual processes and are not always supported.

That said, we’d still like to take a closer look at your case. Please reach out to us through the app, any open tickets or through Social with your account details and transaction information, and we’ll see what may be possible.

We truly appreciate your patience and understanding.

Rated 5 out of 5 stars

The only crypto app thats convenient to…

The only crypto app thats convenient to use and has good support.

27 April 2026
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Reply from Kraken

That's exactly what we strive for. Thank you Jake! 🙌 Convenient to use and always there when you need us. Really glad both are hitting the mark for you!

Happy trading!
🐙

Rated 4 out of 5 stars

Fully legal

Fully legal, great campaigns , but high complexity yet

28 April 2026
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Reply from Kraken

Thank you for the honest feedback! Really glad to hear you're enjoying the campaigns and trust Kraken as a fully regulated platform.

We hear you on the complexity, we're always working to make the experience more intuitive for all levels of traders. We'd love to earn that 5th star!

🐙

Rated 4 out of 5 stars

I switched from Robinhood to Kraken…

I switched from Robinhood to Kraken Pro, and while Kraken Pro is powerful for trading, it lacks some important features that make tracking performance harder.

The biggest issue is the portfolio chart. On Kraken Pro, the chart includes deposits, so every time you add money, the line goes up. This gives a misleading view of performance because it doesn’t clearly separate profit from deposits. On Robinhood, the chart is focused on profit and loss, which makes it much easier to understand how you’re actually performing.

Another downside is the lack of a clear total profit display. Robinhood shows your exact profit or loss amount directly, while Kraken Pro often requires you to calculate it yourself or dig through different sections. Even though Kraken has started adding profit/loss metrics, the experience still isn’t as straightforward.
The chart itself also feels basic. It’s just a simple line without much detail, and it doesn’t offer the same “all-time performance” clarity that Robinhood provides. Robinhood’s charts are more user-friendly and visually informative, making them better for tracking long-term growth.

Overall, Kraken Pro is strong for advanced trading tools, but when it comes to tracking profits and clean chart visualization, Robinhood does a much better job. Having said all this I love Kraken Pro better over all and I won’t go back to Robinhood. I love the customization and low fees. Thank you and looking forward to these changes if possible.

1 February 2026
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Reply from Kraken

Thank you for the thoughtful feedback and for choosing Kraken Pro!

If deposits or transfers are affecting how your performance appears, Kraken Pro allows you to review certain deposit or transfer ledger entries and manually update the Entry Price used for cost basis and unrealized P&L calculations. Please note this does not change the original transaction record or execution price.

For a deeper breakdown, we recommend checking your Account History and Documents Center, where you can export Trades, Ledgers, and Balances. Trades show execution details, Ledgers show deposits, withdrawals, fees, and balance changes, and Balance Exports can provide a snapshot of your portfolio at a selected past date.

That said, we appreciate your suggestion around clearer all-time performance charts and easier total profit/loss visibility. We’ll make sure this feedback is shared with the team as we continue improving Kraken Pro. Thanks again for the detailed input 💜

Note that this review is for Kraken, feel free to check if you're on the correct app (Kraken Pro) as you may impact your experience.

Rated 5 out of 5 stars

The site is easy to use plus if you…

The site is easy to use plus if you have any questions or need help.they get back to you with in 24 hrs .

19 March 2026
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Reply from Kraken

Thank you for your kind feedback! We're glad you find the site easy to use and that our support team has been responsive. Providing timely assistance is very important to us, and we’re always here whenever you need help 24/7/365 💜

Rated 5 out of 5 stars

Api is great and easy to handle.

Api is great and easy to handle.
The whole platform has an incredible design.
The team behind looks really dedicated about the project.
From now on it has plenty more choices to trade and especially with tradfi and xstocs.

27 April 2026
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Reply from Kraken

Appreciate that 🙌 Glad the API and design are hitting right, and you’re enjoying the broader range of options 👍

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