Is my bitcoin safe on Kraken?

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.

Kraken offers 69 coins, including three stablecoins: USD Coin (USDC), DAI (DAI), and Tether (USDT) . It accepts seven fiat currencies, including USD, EUR, CAD, AUD, GBP, CHF, and JPY. U.S. investors are limited to 52 coins.

Kraken is a good choice for new and existing cryptocurrency investors and traders looking for low trading fees and access to a wide array of coins . Kraken features secure platforms to buy, sell, and hold cryptocurrency. Kraken supports cryptocurrency spot trading and cryptocurrency futures.

Kraken is a fully functional crypto exchange with low fees and a good mix of coins. It’s also one of the only U.S. crypto exchanges to provide advanced trading tools like margin. … Maker-taker fees. 30-Day VolumeMakerTaker$5,000,001 – $10,000,0000.02%0.12%$10,000,000+0.00%0.10%Kraken Review: Pros, Cons, and More | The Ascent by Motley Fool www.fool.com › The Ascent › Cryptocurrency