Kraken

4.40

Information

Category:

Finance

Price:

Free

Rank:

52

Rating:

4.40

Overview

Kraken is a comprehensive finance application that allows users to invest in both cryptocurrencies and stocks through a single platform. It offers a variety of features including easy purchase and sale of popular cryptocurrencies, zero-fee payments using crypto, and access to over 11,000 US stocks and ETFs commission-free. Kraken can be used on mobile devices, making it a versatile tool for managing investments on the go. One of the best things about Kraken is its long-standing reputation in the crypto market since 2011, providing users with trusted and secure transactions. This means that whether you're a beginner or an advanced trader, you can trust Kraken's rigorous security standards and low fees. And, if you're using Kraken on your mobile device, you can even benefit from dollar-cost averaging (DCA) and earn boosted rewards on USDG through their premium subscription service. Overall, Kraken is an excellent application for anyone looking to diversify their investment portfolio with both crypto and traditional stocks.

Features

Kraken is a popular app with a ton of features and customization options. Here are five of our favorites: 1. Easy Crypto Transactions - Users can easily buy and sell the most popular cryptocurrencies with preset amounts and simple forms for custom orders. 2. Zero-Fee Crypto Payments - Send money fast to any Kraken user worldwide with zero fees for all payments in over 300 different currencies. 3. Premium Subscription Service - Kraken+ offers zero trading fees up to $10k/month and earns boosted rewards on USDG. 4. Stock Trading - Invest in over 11,000 US stocks and ETFs commission-free directly in the app. 5. Extensive Cryptocurrency Selection - Access to over 300 cryptocurrencies including Bitcoin, Ethereum, Dogecoin, and more.

Pros & Cons

Kraken is a great way to invest in both cryptocurrencies and stocks. The app has a variety of features, such as easy crypto transactions, zero-fee payments, and access to a wide range of assets. But it also has its share of drawbacks. For one, geographic restrictions apply limiting availability in certain regions. Additionally, instant buy/sell fees apply when converting assets. Overall, Kraken is a reliable resource for investing in digital assets and traditional stocks. While there are some limitations, its long-standing reputation and comprehensive feature set make it a solid choice for investors.