In the fast-moving world of cryptocurrency, Kraken has built a name for itself as one of the most trusted and secure trading platforms. Founded in 2011, it’s among the oldest and most respected crypto exchanges, known for its deep liquidity, advanced tools, and top-tier security. Unlike beginner-focused platforms that prioritize simplicity, Kraken balances powerful trading features with growing accessibility, making it ideal for both new and professional traders.
As we step into 2025, Kraken continues to refine its app experience while maintaining the core strength and transparency that earned it global respect. This guide breaks down everything you need to know — including its key benefits, common issues, a step-by-step usage guide, and the essential facts that make Kraken stand out in the competitive crypto market.
Kraken Crypto App Uses & Benefits
Kraken’s platform offers something for everyone — from first-time buyers to seasoned institutional traders.
1. Industry-Leading Security
Security has always been Kraken’s greatest strength. Since its launch, it has never experienced a major hack, a rare achievement in crypto. Around 95% of client funds are held in offline cold storage, and the company regularly conducts proof-of-reserves audits. These measures make Kraken one of the safest places to trade and store digital assets.
2. Competitive and Transparent Fees
Kraken’s maker-taker fee model is among the lowest in the industry. Active traders benefit the most, as fees drop the more you trade — even reaching 0.0% maker fees for high-volume users. This structure helps both casual and professional traders keep more of their profits.
3. Wide Asset Variety
The app supports hundreds of cryptocurrencies, including major tokens like Bitcoin, Ethereum, and a vast range of altcoins. It also offers staking, futures, and margin trading options, allowing users to diversify their crypto strategies all in one place.
4. Simple and Rewarding Staking
Kraken makes earning rewards effortless. Through its built-in staking service, users can earn passive income on proof-of-stake assets such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) — all directly within the app.
Kraken Crypto App Problems
No exchange is perfect, and Kraken has its share of limitations worth knowing before you start.
1. Slightly Complex Interface
Although Kraken has simplified its app over time, it can still feel less beginner-friendly than platforms like Coinbase. New users might find the charts, options, and order types a bit overwhelming at first.
2. Limited Deposit Options (Especially in the U.S.)
U.S. users face some funding restrictions. Kraken no longer supports direct ACH bank transfers, meaning deposits usually require wire transfers or third-party services, which may come with additional costs or delays.
3. Customer Support Delays
Kraken’s support team is knowledgeable but not always fast. During market surges or complex account issues, users sometimes experience slower response times, which can be frustrating when quick help is needed.
4. Regional Restrictions
Certain advanced features — like margin and futures trading — are restricted in countries such as the U.S. and Canada due to regulatory limits. This means not all traders can access the platform’s full potential.
How to Use the Kraken App in 2025
Kraken’s setup process is designed to be secure, straightforward, and adaptable for users at any experience level.
Step 1: Create and Verify Your Account
Download the official Kraken app from the App Store or Google Play. Sign up using your email, create a strong password, and enable two-factor authentication (2FA). To unlock full account functionality, verify your identity with a government-issued ID.
Step 2: Fund Your Account
Go to the “Funding” section in the app. Select your preferred deposit method — typically a bank wire transfer or third-party payment service. Once the funds are confirmed, they will appear in your Kraken balance (USD, EUR, etc.).
Step 3: Buy or Trade Cryptocurrency
Navigate to “Trade.” You can use the simple Buy Crypto feature for quick purchases or switch to Kraken Pro for deeper chart analysis and lower fees. Enter the amount, review the order details, and confirm your purchase.
Step 4: Explore Advanced Tools
In 2025, the app includes easy access to staking, futures, and margin trading (where eligible). Visit the “Earn” tab to stake coins or the “Futures/Margin” section to explore advanced trading opportunities.
Kraken Crypto App: Key Facts
- Founded: 2011 by Jesse Powell
- Security Record: Never hacked — a remarkable feat in crypto
- Regulation: Holds multiple global licenses and undergoes regular proof-of-reserves audits
- Kraken Bank: Operates in the U.S. as a regulated crypto bank, bridging traditional and digital finance
- Fees: Maker-taker model — starts at 0.16% maker / 0.26% taker, decreasing with higher trading volume
- Global Reach: Available in 190+ countries, though specific features depend on local regulations
FAQs – Most Common Questions About Kraken Crypto App
Q1: Is Kraken safer than Coinbase?
Yes — both are secure, but Kraken’s flawless security record gives it an edge. It stores most funds offline and provides transparent audit reports.
Q2: Why can’t I link my bank directly to Kraken?
In the U.S., ACH bank transfers were discontinued through Kraken’s main partner. Users can still fund accounts using wire transfers or via Kraken Bank if eligible.
Q3: What’s the difference between Kraken and Kraken Pro?
The regular app is for quick, simple trading. Kraken Pro, built into the same app, offers advanced tools and lower fees, ideal for experienced traders.
Q4: Can I stake crypto on Kraken?
Yes. Staking is one of Kraken’s most popular features. You can stake ETH, SOL, ADA, and more directly from your account to earn rewards automatically.
Final Verdict: Is Kraken Worth It in 2025?
In 2025, Kraken stands as one of the most reliable and secure crypto exchanges in the world. Its low fees, strong reputation, and unmatched security make it a great choice for serious traders and investors.
While beginners might find the app a bit complex at first, its depth, transparency, and cost-effectiveness make the learning curve worthwhile. For users who prioritize security, low costs, and powerful tools, Kraken remains a top-tier platform — not just for trading, but for building a long-term presence in the crypto world.
Kraken isn’t just another app — it’s a trusted partner for anyone ready to take crypto seriously in 2025 and beyond.
