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spot exchange

Kraken

4.5 / 5 US-AVAILABLE

Reviewed by CoinCompass · Last verified

Is Kraken available in the US?

Yes — Kraken is licensed for US customers (FinCEN MSB + US state licenses; strong track record since 2011). It is one of the exchanges we can legally reference and monetize for a US audience. Availability can vary by state, so confirm your state before signing up.

How we make money: we earn a commission when you sign up with an exchange through our links. That never changes what we recommend or how we rank — rankings follow our published review criteria and are re-checked on a fixed schedule. Read the full disclosure. Crypto risk: crypto assets are volatile and can lose value, are not FDIC-insured, and are not a bank deposit. This is not financial advice — do your own research before trading.
Affiliate / referral program
Kraken Affiliate (in-house partnerships team OR Impact.com track)
Kraken affiliate earns on referred user activity across Spot, Futures, DEX and more

Kraken at a glance

Statusus licensed
Regulator / licenseFinCEN MSB + US state licenses; strong track record since 2011
MarketsUS, International
Supported countriesUS + ~190 countries
Affiliate programKraken Affiliate (in-house partnerships team OR Impact.com track)
Affiliate commissionRevenue-share negotiated; up to 50% for top creators; Impact track pays fiat or USDC

Fees

Trading1% instant/recurring, 1.5% custom orders (waived for Kraken+ members up to $10k/mo volume); Pro tier lower
WithdrawalNetwork fee only
DepositFree
NotesKraken Pro offers lower maker/taker; 23 stakeable assets incl BTC via Babylon.
What a $1,000 trade actually costs

At 1% taker rate, a $1,000 trade costs roughly $10. Instant/recurring buy fee on a $1,000 trade. Kraken Pro tier is lower; Kraken+ members get custom-order fees waived up to $10k/mo. Estimate your own monthly cost with our fee estimator.

Ratings breakdown

Overall4.5
Usability4.4
Fees4.5
Security4.8
Support4.0

Strengths

  • Strong security reputation and long operating history
  • Lower base-tier fees than Coinbase on spot trades
  • Broad US and international availability
  • Professional trading depth (Kraken Pro) plus staking
  • 23 stakeable assets including BTC (via Babylon) with higher net APY than Coinbase

Weaknesses

  • Interface is less beginner-intuitive than Coinbase
  • Fewer flashy rewards than some competitors
  • Customer support turnaround can vary