Is Kraken a good investment?

While Coinbase is a simple exchange for exchanging fiat (national currency) for cryptocurrency, it doesn’t offer many advanced trading options. Kraken, on the other hand, is a “crypto-first” exchange and offers many types of trading, including margin trading, futures trading, as well as limit orders.

Withdrawal hold

Kraken is an exchange, not a wallet service . We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading or staking, but we do not provide a personal wallet service.

Originally Answered: Is it safe to keep bitcoin and other cryptocurrancy in your Kraken exchange account? No, it is not safe . If you entrust people with your money – they will run with your money. The cryptocurrency is only safe if you hold the private key.