Kraken protocol

Whilst they may highlight security, if you are going to store fiat, bank is the best place to do it right now, without investing into any other value / asset instrument. Kraken supports Fiat deposits but a trader must complete a KYC verification before they can deposit in fiat currencies .

DIGITAL ASSETS AND NATIONAL CURRENCIES CURRENTLY HELD IN YOUR KRAKEN ACCOUNT ARE NOT COVERED BY INSURANCE AGAINST LOSSES OR SUBJECT TO FEDERAL DEPOSIT INSURANCE CORPORATION PROTECTIONS OR THE PROTECTIONS OF ANY COMPARABLE ORGANIZATION ANYWHERE IN THE WORLD.

Safe Coin Storage 95% of all deposits are kept in offline, air-gapped, geographically distributed cold storage. We keep full reserves so that you can always withdraw immediately on demand.