What you should know about Kraken App
- Tiered Apps: The standard Kraken app is for simple, instant buys with a 1.5% - 2% fee, while the Kraken Pro app offers advanced trading tools and significantly lower maker-taker fees (0% - 0.26%).
- Security Focus: Known for its top-tier safety, the app supports hardware key (Yubikey) 2FA and maintains regular Proof of Reserves to verify user funds are backed 1:1.
- Funding & Onboarding: It allows direct bank transfers (ACH/SEPA) and credit/debit card purchases, though cards carry much higher processing fees than bank deposits.
- Asset Variety: You can trade over 200 cryptocurrencies and access staking rewards directly through the mobile interface, though some features are restricted by region (e.g., in the US).