Kraken vs Kraken Pro: What’s the Difference?
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Kraken is one of the safest cryptocurrency exchanges on the market and an industry pioneer, operating since 2013. It offers a wide selection of cryptocurrencies, though not as many as rivals like Binance or KuCoin. However, Kraken offers two versions of its platform – Kraken and Kraken Pro. What are their differences, and which one is right for you? Join us as we explore the two versions of the safest cryptocurrency exchange in the world. Key highlights: Kraken is one of the first crypto exchanges, boasting unrivaled security It allows users to choose between the basic Kraken and the advanced Kraken Pro interface, catering to casual and experienced traders, respectively Choosing the correct Kraken platform is up to the user and their preferences Kraken vs Kraken Pro – A comparison Let’s jump right into the differences and similarities between the two platforms. Among other things, we will be evaluating their offerings, ease of use, and their target audience. A quick overview Kraken Kraken Pro Target audience Casual/Beginner Advanced trades Main function Convenient buying, selling, and funding Professional order-book trading Exchange fees Dynamic 0% – 0.26% Deposit/Withdrawal options Cash, crypto, and NFTs Cash and crypto Multiple languages yes yes NFT Marketplace yes no Mobile app yes yes Instant buy yes no Staking yes yes Security features yes yes Advanced order types no yes OTC Desk no yes Futures/Margin trading no yes API trading no yes Kraken The basic Kraken platform is aimed at casual and beginner traders, offering a convenient and vibrant, easy-to-use interface for buying, selling, and converting cryptocurrencies. Kraken allows users to easily track their portfolio while their “Security Settings” help keep your accounts safe. However, the primary drawback of the basic Kraken platform is that it offers comparatively limited trading tools and features. It is missing useful…
Filed under: News - @ October 22, 2024 10:20 am