Rating
8.9/10
Security
9.4/10
Interface languages
10
Bonus
-
About Kraken
Kraken is one of the oldest and most trusted crypto exchanges in the world. It is valued for security, transparency and solid fiat deposit support.
Key facts
- Ranked #9 among MiCA-licensed EU exchanges
- Security score 9.4/10
- Interface available in 10 languages
- Competitive trading fees
- Standard terms, no code needed
- Centralised exchange (CEX)
Disclaimer: Investing in crypto-assets carries the risk of losing your capital. The information above is provided for information purposes only and is not investment advice. Links on this site may be affiliate links.
Jurisdiction and licence
- Jurisdiction
- Ireland
- Licence type
- MiCA
- Supervisory authority
- CBI
Licensed entity
Payward Europe Solutions Limited
Supervisory authority
CBI · Ireland
Authorisation date
25 June 2025
LEI identifier
254900641D8KNHUZYX24
Registered address
70 Sir John Rogersons Quay, Dublin 2, D02 R296, Ireland
Central Bank of Ireland
Ireland
Ireland's central bank, which also acts as the national financial supervisory authority. It issues MiCA licences to entities established in Ireland.
Regulator websiteAuthorised CASP services (8)
- a. Custody and administration of crypto-assets on behalf of clients
- c. Exchange of crypto-assets for funds (fiat)
- d. Exchange of crypto-assets for other crypto-assets
- e. Execution of orders for crypto-assets on behalf of clients
- f. Placing of crypto-assets
- g. Reception and transmission of client orders
- i. Portfolio management of crypto-assets
- j. Transfer services for crypto-assets on behalf of clients
EU passporting (30 countries)
What is a MiCA licence?
MiCA (Markets in Crypto-Assets, EU Regulation 2023/1114) is a single rulebook for the crypto-asset market that applies directly across the European Union. For exchanges and other crypto-asset service providers (CASPs) it took effect on 30 December 2024.
A licensed CASP must meet strict requirements on own funds, governance, segregation of client assets, market abuse prevention and AML/KYC. One licence granted in the home member state allows services across the whole EEA (passporting).
ESMA · CASP registerSecurity metrics
- Proof of Reserves Yes
- Two-factor authentication (2FA) Yes
- Client insurance fund No / unknown
- Independent external audit Yes
- Funds in cold storage95%