Back to glossary


Kraken is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, and many others. The company was founded in 2011 by Jesse Powell and is headquartered in San Francisco, California.

Kraken is known for its security measures, which include two-factor authentication, cold storage for the majority of its funds, and regular security audits. The platform also offers a variety of trading options, including spot trading, margin trading, and futures trading.

Kraken has become one of the most popular exchanges in the cryptocurrency industry, with a large user base and a reputation for reliability and security.