Open to all: Explore, collect and trade with the Kraken NFT Public Beta

We are thrilled to announce that Kraken NFT has moved to Public Beta and is now open to all clients!  Following today’s earlier launch of Kraken Pro, clients will now benefit from two new and unique services, demonstrating Kraken’s commitment to accelerating the adoption of...

6 min read

Bitcoin Taproot address now supported on Kraken

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...

3 min read

Announcing the Kraken $100M+ volume fee tier trial

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...

9 min read

Kraken Takes Steps to Weather Crypto Winter

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...

3 min read

What is Proof of Reserves? A Beginner’s Guide

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...

6 min read