Is Kraken good for beginners?

Both Kraken and Coinbase are suitable for beginners , offering simple platforms and user-friendly interfaces. Kraken’s low fee structure and robust security features make it a terrific platform for high- or low-volume users who don’t mind the added transaction steps.

The Kraken trading engine is known for being safe, user-friendly, and for its high liquidity. With this and the possibility to use several advanced strategies like margin and leverage, Kraken is very well suited to day trading crypto .

Earn Rewards by staking coins and fiat . Staking is a great way to maximize your holdings in staking coins and fiat that would otherwise be sitting in your Kraken account. Once you have staked your assets you can earn staking rewards on top of your holdings and grow them further by compounding those future rewards.