Best Crypto Exchanges and Apps for December 2024
Kraken
Kraken’s professional-grade trading platform is our pick for the best low-fee exchange because it charges some of the lowest fees in the crypto asset exchange landscape. However, it’s also our top choice for experienced traders, as it offers advanced order types and supports margin and futures trading.
Large number of supported cryptocurrencies
Low fees
Highly liquid exchange
Not available in all U.S. states
Limited account funding options
Established in 2011 and headquartered in San Francisco, Kraken is one of the most reputable cryptocurrency exchanges in the world. The San Francisco-based exchange enables investors to buy, sell, and store over 200 cryptocurrencies while charging low fees on its professional-grade trading platform, Kraken Pro.
This feature-rich crypto exchange established itself as the go-to platform for professional investors in the early days of the crypto asset market, and it has maintained its reputation as a reliable and professional trading venue.
Kraken offers two platforms: its main trading platform and its professional platform, Kraken Pro. The exchange’s Pro dashboard provides highly customizable chart analysis tools, detailed insight into the order books, numerous order types, and high-speed execution. In addition to spot trading, Kraken users can also trade cryptocurrency using margin and execute crypto derivatives trading strategies.
Cryptocurrency investors who use the instant buy feature will incur a charge for the service. The fee will vary depending on the funding method, market conditions, order size, and asset type. When ready to execute the trade, investors will find the fee included in the pricing.
Kraken and Kraken Pro both offer a tiered fee structure that allows
Read more on investopedia.com
