An Overview of Kraken Exchange for beginner crypto traders 

Are you tired of looking for a perfect, secure, and reliable crypto exchange platform for executing your crypto trades? If yes, then look no further than Kraken Exchange. According to my personal opinion and by keeping an eye on various cyber-attacks in the crypto market, it is the best option to be chosen for executing your crypto trades. If you want to know more about the platform, then dive with us in our further sections of this write-up.

In our further content, we will cover two easy step-by-step guides that will help you in Kraken sign up and Kraken login. Along with that, we will also cover some advantages and disadvantages of using this platform.

Why choose Kraken Exchange?

There are several advantages of Kraken Exchange, which you will be able to take after your Kraken login.

• The platform lets you buy more than 200 different available cryptocurrencies. 
• On its official website, you can easily find relevant information including, supported assets, how to close an account, minimum investment, and more.
• Whether you are an Android user or an iOS user, if you want to access your account on your mobile, then you can easily perform Kraken login through its mobile App.
• If you face any issues while using the platform, then the support team of Kraken is available 24*7 for you over call and chat.
• Along with that, the platform also offers a margin trading feature that lets you trade with up to 5x leverage.

The dark side of Kraken Exchange:

Along with the advantages of using Kraken Exchange, there are some disadvantages also which are mentioned as follows,

• Offers only limited options for funding your account.
• The platform is not available for the users of New York or Washington State.
• It does not offer insurance funds for assets on the platform.
• Charges high trading and withdrawal fees of up to 0.26% and $35.

How can I sign up on Kraken?

1. Open your preferred web browser and go ahead to the official page of Kraken Crypto Exchange.
2. Click on the “Sign up” button, located at the upper right corner of your device screen.
3. Select your account type by clicking on “Personal” or “Business”, whichever you want to open.
4. Type your email address in the first text field that you would like to register on your account.
5. Now, create a username and password for your Kraken login and enter them in the second and third text fields.
6. Select your country of residence and then hit on the “Create account” tab.
7. Enter the activation code in the required field, which you have received via mail to your registered email address and then hit on the “Activate Account” button.
8. In the last step, select your crypto journey from the list of available options and then choose the platform between Kraken and Kraken Pro to finish the entire process.

Steps for Kraken Login:

Follow these simple steps for your Kraken login on its official website,

1. Launch your preferred browser and visit the login page of Kraken.com.
2. Click on “Sign in”.
3. Type your username in the first text field. You can also use your registered email ID in this step.
4. Enter your correct sign-in password in the second text field.
5. Hit on “Sign In”.
6. In the final step, you just have to confirm your user device by accessing the approval link that has been emailed to you by the Kraken platform.  

Bottom Line:

Overall, if you are a beginner trader in this confusing crypto world, then Kraken login is the best option for you. It offers a range of cryptocurrencies for executing your crypto trades. And if we talk in terms of security, then it offers 2FA withdrawal email confirmation, strict surveillance, air-gapped cold storage, global settings time lock, and more.