On April 2nd 2019, we updated the Get Verified page so that it no longer shows the personal information that was submitted during verification. This is a security design feature in case your account ever becomes compromised (see our ‘Securing your account’ guide).
Read moreWhat happens if Kraken gets hacked?
If the email account registered to your Kraken account is compromised, it can be used to request your username, reset your password and approve withdrawals . Note: We strongly recommend setting up an email account that you only use for Kraken.
Read moreIs my data safe with Kraken?
Trustability. Kraken asserts it has “industry-leading security” and that “safeguarding your funds and your privacy” is its primary objective. In point of fact, despite being one of the oldest crypto exchanges, Kraken has managed to keep its clients’ funds secure without ever reporting a security breach .
Read moreHas Kraken ever been hacked?
Gox hacks. Kraken has never been hacked . It keeps most of its currency offline. It also offers users two-factor authenticationfor their accounts.
Read moreIs my money safe at Kraken?
Kraken is among the longest-running and reliable exchanges for cryptocurrency globally and is accessible to citizens from 48 US states and 176 other countries. On Kraken, you can trade between 72 different cryptocurrencies as well as fiat currencies. So Kraken is pretty much legit and secure .
Read moreIs my crypto insured?
Is my cryptocurrency insured by the US government? No. The federal government provides insurance for cash and deposits of conventional securities, like stocks and bonds, but not cryptocurrency assets — at least not yet.
Read moreIs Kraken staking insured?
NEITHER YOUR KRAKEN ACCOUNT NOR STAKED ASSETS ARE COVERED BY INSURANCE AGAINST LOSSES OR SUBJECT TO FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) OR SECURITIES INVESTOR PROTECTION CORPORATION (SIPC) PROTECTIONS OR THE PROTECTIONS OF ANY COMPARABLE ORGANIZATION ANYWHERE IN THE WORLD.
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