We’re thrilled to announce that Kraken now supports withdrawals to Taproot (Bech32m) Bitcoin addresses! Taproot is an upgrade to the Bitcoin protocol that aims to improve the privacy and efficiency of the world’s first and largest cryptocurrency. Taproot included three proposals — Schnorr, Taproot, and...
Starting December 15, 2022 0:00 UTC through February 15, 2023 11:59 UTC*, we will offer 0% maker and 0.08% taker fees on select spot pairs to qualifying clients as part of our $100M+ volume fee tier trial. Who is eligible? All clients who trade over...
Today we’re announcing one of the hardest decisions at Kraken to date. We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions. We are extremely grateful for the contributions of those impacted by today’s announcement...
In light of recent events in the crypto industry, it’s becoming increasingly important for Kraken clients and industry participants to understand the significance of Proof of Reserves (PoR) at Kraken. This technique, one that is only possible in the new world of cryptocurrency, is a...
We at Kraken believe that driving global crypto adoption relies on a solid cybersecurity framework in order to protect our clients’ financial freedom. It’s why our motto is security above everything. It’s also why we commemorate Cybersecurity Awareness Month each October. This year, we celebrated...
Keep calm and HODL on… because recurring buys are now available on the Kraken app! This new feature lets you schedule your crypto purchases quickly and easily, which saves you time and can help ease the stress of timing the market. Recurring buys also make...