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Kraken Reviews 6,755

TrustScore 3.5 out of 5

3.4

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Rated 1 out of 5 stars

Put £250 into buying cash and have been scammed, i have never got my money back. The 2 deposits spent 3 days pending then said failed and i have not got a refund 1) £150 deposit REF ID: FTLV9vD... See more

Company replied

Rated 3 out of 5 stars

You send things to an irresponsible team with no name and no method to talk to real persons until Frustration makes me and others seek other services where real people help with problems, not shuffle... See more

Company replied

Rated 5 out of 5 stars

So,i must say it's very very cool platform,well thinked,interface is great,some tips to learn,all is well done,withdrawal are instant,it took 30 seconds to come on my bank account,this is really great... See more

Company replied

Rated 5 out of 5 stars

My go to centralized exchange being in the United States. Great selection of tokens, super competitive fee structure, especially for Kraken Pro. I've been using Kraken for over 5 years and never had a... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. Asset Manager Service
  3. Investment Service

Written by the company

Kraken helps people own the power of their money. Founded in 2011, we're one of the world's longest-standing crypto platforms — now offering crypto, stocks, futures, staking, payments and more. Trusted by millions of institutions, professional traders, and consumers across 190+ countries. Proof of Reserves since 2014. Assets held 1:1.

Own the power of your money

Written by the company

Our mission: Accelerate the global adoption of crypto so everyone can achieve financial freedom and inclusion.
Since 2011, we've put that mission into practice by building one of the most transparent platforms in finance. Proof of Reserves since 2014. Assets held 1:1. A product lineup that now spans crypto, stocks, futures, staking and payments. Trusted by millions of consumers, professional traders, and institutions across 190+ countries.

Contact info

Start trading with as little as $10

Crypto, stocks, futures and more. Trusted by millions since 2011.

You should know

3.4

Average

TrustScore 3.5 out of 5

7K reviews

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Rated 2 out of 5 stars

I was placed on hold for 90 days that I…

I was placed on hold for 90 days that I couldn't withdrawal my crypto, without asking why, and what I was doing. I was withdrawing to a private cold wallet as an investment, and all of a sudden, I was not able to. This is wrong, as I have rights to carry out investment the way I feel I want to conduct, not have enforcement placed on my account.

April 23, 2026
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Reply from Kraken

Hi Alfred 👋

Thank you for sharing your experience.

At Kraken, your security is our top priority. In some cases, crypto withdrawals may be temporarily disabled as a precautionary measure to help protect your assets from being moved to wallets outside of your control.

We'd love the opportunity to review your case and walk you through the details. Please reach out to us directly:
👉 https://support.kraken.com/articles/201351886

We appreciate your patience and hope to restore your confidence in us.
🐙

Rated 4 out of 5 stars

Easy to use I wish they had a bit…

Easy to use I wish they had a bit better support if I had to come up with somthing . Withdrawal fast and easy . Up to 10% on your money allocated witch is the highest I’ve seen in all my trading sites .

November 19, 2025
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Reply from Kraken

Hi Justin 👋

Thank you for the great review and honest feedback! We're thrilled to hear that you're enjoying the ease of use, fast withdrawals, and our competitive APY rates, we work hard to offer the best we can for our clients!

We also appreciate your note on support. We're always looking to improve and your feedback helps us do just that. If you ever need assistance, don't hesitate to reach out we're here for you.

Thanks again for being part of the Kraken community!
🐙

Rated 5 out of 5 stars

Easy to use and provides sensible…

Easy to use and provides sensible portfolio recommendations!

April 1, 2026
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Reply from Kraken

Hello, thanks for your 5 star feedback. It's really great to hear you’re finding our platform easy to use and the portfolio insights helpful. We appreciate you sharing this!

Kraken Support 🐙

Rated 1 out of 5 stars

They close account for no reason

They close account for no reason. The so-called internal review. Fine. The fees are not cheap anyways. bye

April 29, 2026
Unprompted review
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Reply from Kraken

Please send us a DM on another social platform so we can investigate:

https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media

Rated 5 out of 5 stars

The speed and efficiency of…

The speed and efficiency of transactions is impressive; you are apparently a U.S. based entity, which gives me hope that if problems arise, I can communicate with entities that are familiar with U.S. protocol.

April 30, 2026
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Reply from Kraken

Thank you so much for the kind words and for the 5-star review Stanley!

We're glad to hear that the speed and efficiency of our platform has made a great impression. As a U.S.-based company, we're committed to providing a reliable and compliant experience for our users, and our support team is always here to help should any issues arise. We look forward to earning your continued trust!

🐙

Rated 5 out of 5 stars

Very easy to set up an account and get started.

Very easy to set up an account and invest. Receiving same APY % on my investments.

April 1, 2026
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Reply from Kraken

Thank you for the wonderful review Bradley! We're thrilled to hear that setting up your account and getting started with investing was a smooth experience. It's also great to know you're enjoying consistent returns on your investments.

We look forward to continuing to support your financial journey welcome to the Kraken community!

🐙

Rated 5 out of 5 stars

Kraken and Kraken Pro First Crypto Experience

Kraken and Kraken Pro are excellent Crypto exchange platforms. I started with the Pro version that provides higher level tools and a better price point. It was my first Crypto experience and with Kraken I will continue to learn and develop my trading skills.

April 30, 2026
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Reply from Kraken

Love to hear it Jon! Thanks for the well thought out words and 5 stars here. Reach out anytime 🐙👊

Rated 1 out of 5 stars

Every time you buy into crypto it drops…

Every time you buy into crypto it drops to no return and as soon as you sell it jumps up that’s messed up scammy

April 1, 2026
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Reply from Kraken

Thank you for sharing your feedback Craig. We completely understand how frustrating it can feel when the market moves in an unexpected direction after a trade.

We want to assure you that Kraken has no influence over market prices. Crypto markets are driven by global supply and demand, and price fluctuations happen independently of any exchange. We would never engage in any practice that disadvantages our users.

If you have any concerns about your account or trading experience, our support team is always here to help. We appreciate your feedback and hope to restore your confidence in us.

🐙

Rated 5 out of 5 stars

Absolutely love this exchange

Absolutely love this exchange! For a beginner it's so easy to use and follow. I love the security it offers. Highly recommend to anyone interested in starting, or continuing to trade.

April 30, 2026
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Reply from Kraken

Great words to hear Donald! An intuitive UI and elite level security are what we pride ourselves on 🐙👊

Rated 1 out of 5 stars

Yesterday I got raped again online by Kraken

Yesterday i got online / Kraken i had heard about a new release, SPACE SPC
I trusted Kraken.
Selling price opened at .072 I purchasd $230.00.
A couple of hours later I noticed I has not signed out, i clicked on the site to clse it Space was down to .0042. I thwn went online to check history. Space was at .0042 on the 29th, Crooks, absolutely Crooks! i stopped payment and I am clossing my account. i also wnet back and checked other crypto in the past, same thing. prices not current and overinflated,

April 29, 2026
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Reply from Kraken

Appreciate you reaching out, Timothy. We hear you, and totally your frustrations here. Crypto markets, especially around new asset listings, can be very volatile, and Kraken does not set or influence the price of any asset listed on our platform, prices reflect live market activity. If you'd like us to look into the specific trades on your account, please reach out to our official support teams so we can review and help get this cleared up for you 🐙

Rated 5 out of 5 stars

Great platform

Great platform, easy to use

April 13, 2026
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Reply from Kraken

Awesome! Thank you for sharing, Mark. Simple and secure is the vision 🐙

Rated 1 out of 5 stars

Kraken non existing support

I received two payments close to eachother ( within 1-2 minutes ) Which apparantly triggers a security restriction on my account.

I received a blank email that has "no subject"

Sent in a support form. No answer.
Trying to talk to the AI bot asking it to put me through to an actual person. Ai bot responds that it cannot do that because I have a pending email action that I need to reply to. Impossible when they send blank emails.

This happened a few days ago also, but then the restriction got removed after 3 days.

Trying to get any help is impossible, also you dont know for how long they will hold your money.

Awful support.

April 27, 2026
Unprompted review
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Reply from Kraken

Hey mate - seems like a potential issue with the bot. Please send us a DM on another social platform so we can investigate and assist you:

https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media

Rated 1 out of 5 stars

⚠️ Fuyez et surtout, ne mettez pas votre argent sur Kraken.

Depuis le 20 mars, j’essaie de faire un virement de 1 200 € depuis Kraken pour récupérer mon argent, et à chaque fois le virement est indiqué comme “échoué”.

Je vous déconseille très fortement cette plateforme si vous voulez avoir l’esprit tranquille et éviter de vous prendre la tête. N’achetez pas vos cryptos sur Kraken. Regardez les avis et les commentaires : vous verrez que je suis loin d’être le seul dans cette situation.

En plus, vous envoyez un e-mail le lundi et vous obtenez parfois une réponse seulement le lundi suivant. Par contre, après ce message, ils viendront sûrement répondre rapidement en commentaire pour donner l’impression qu’ils sont réactifs publiquement. Mais croyez-moi, quand il s’agit de régler réellement le problème par e-mail, c’est une vraie angoisse.

Il m’est arrivé d’envoyer un e-mail et de rester plus de huit jours sans aucune réponse. À ce jour, mon problème n’est toujours pas réglé, et cela fait bientôt plus de 40 jours que cette situation me complique la vie, me fait perdre du temps à envoyer des e-mails et à chercher des solutions.

Since March 20th, I’ve been trying to make a €1,200 bank transfer from Kraken to recover my money, and every single time the transfer is marked as “failed.”

I strongly do not recommend this platform if you want peace of mind and want to avoid unnecessary stress. Don’t buy your crypto on Kraken. Just look at the reviews and comments — you’ll see that I’m far from being the only person dealing with this kind of issue.

On top of that, you send them an email on Monday and sometimes you don’t get a reply until the following Monday. But after this message, they’ll probably reply quickly in the comments to make it look like they are responsive publicly. Trust me, when it comes to actually solving the problem through email support, it’s a real nightmare.

There were times when I sent an email and received no response for more than eight days. As of today, my issue is still not resolved, and it’s been almost over 40 days now that this situation has been making my life difficult, wasting my time with emails, and forcing me to constantly look for solutions.

April 30, 2026
Unprompted review
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Reply from Kraken

Hi Neven - Please send us a DM on another social platform so we can investigate:

https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media

Rated 1 out of 5 stars

Kraken

Kraken, Krak and everything related to them are frauds.

April 30, 2026
Unprompted review
Kraken logo

Reply from Kraken

Hello, if you’ve run into an issue, we’d really like to help get it looked into. Feel free to reach out to us with more details or your ticket number via our social channels, we’re here to assist.

Kraken Support 🐙

Rated 5 out of 5 stars

It’s very user friendly

It’s very user friendly, I had no knowledge coming onto this platform

April 30, 2026
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Reply from Kraken

Hi Trystn, we really appreciate the 5 star feedback! It's awesome to hear the platform felt user-friendly even without prior experience and that’s exactly what we aim for. Thank you so much for taking the time to share your feedback

Kraken Support 🐙

Rated 5 out of 5 stars

Easy to read gui for beginners

Easy to read gui for beginners. And the ones I'm invested in are doing well.

April 29, 2026
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Reply from Kraken

Hello, thanks for the 5 stars review Derrick! Glad to hear you’re finding the interface easy to navigate and especially as a beginner. Great to know things are going well for you so far, we appreciate the feedback!

Kraken Support 🐙

Rated 3 out of 5 stars

I wish I could move my money next day…

I wish I could move my money next day instead of having to wait seven (7) or more days. Will that be possible?

Andrea

April 17, 2026
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Reply from Kraken

Hello Andrea, thanks for your feedback!

The waiting period you’re experiencing is usually linked to the funding method. Deposits made via ACH can carry a holding period of 7 days, which affects when you can withdraw. Funding by wire transfer typically doesn’t have this same restriction.

Kraken Support 🐙

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