6. Kraken - Crypto exchange that is fully regulated UAE

6 January, 2022

Categories: UAE

In 2011, Kraken opened its doors in San Francisco, California, as one of its first cryptocurrency exchanges. More than 4 million users have registered on its Bitcoin trading platform across 176 countries since its launch in 2013.

Kraken is regulated by FinCEN (in American markets) and FINTRAC (in Canadian markets) as a Money Service Business (MBS). In addition, the FCA of the UK and the AUSTRAC of Australia also regulate some of its affiliated businesses.

Kraken is a United States-based cryptocurrency exchange and bank, founded in 2011. The exchange provides trading between cryptocurrency and fiat currencies, and provides price information to Bloomberg Terminal.Kraken has never been hacked and is considered a reliable crypto exchange.

Kraken.com is a cryptocurrency exchange. This means we match orders from clients who want to buy cryptocurrencies with orders from clients who want to sell cryptocurrencies (or vice versa).Kraken is one of the largest cryptocurrency exchange platforms that exists at the time offering more than 50 crypto variants.

The read above has been crafted to help you with every significant detail about the platform along with elaborate steps to sign up for a Kraken login account. You’ll also learn the features, pros, and so much more.

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