Kraken
One of the oldest US crypto exchanges (est. 2011). Strong security track record. Operates globally.
CeFiFully LicensedEst. 2011USA
B
83/100
Low Risk
Safety Score Breakdown
Regulatory Compliance17/20
Security Infrastructure17/20
Track Record16/20
Transparency16/20
User Protection17/20
🏛Regulatory
Licenses
MSB (FinCEN), State MTLs, FINTRAC (Canada), FCA (UK), AUSTRAC (Australia)
Regulators
FinCEN, State regulators, FCA, FINTRAC
HQ
San Francisco, CA, USA
🛡Security
Proof of ReservesYes
Cold Storage95%
InsuranceNone disclosed
Certifications
SOC 2 Type I
📊Track Record
Years Operating14
Security BreachNo
Legal Issues
SEC staking settlement ($30M, 2023)
🔍Transparency
Public AuditsYes
Audit FirmArmanino (PoR)
Public TeamYes
Public FinancialsNo
Stablecoin Rates at Kraken
USDT4%
None (opt-in staking)
USDC3.75%
None (opt-in staking)
Risk scores are based on publicly available information and updated periodically. This is not financial advice. Always do your own research before depositing funds with any platform.