How to sign-up www Kraken com account in Nigeria, USA, UK, Australia, Canada and other countries.
What is www Kraken com in Nigeria, United States of America, United Kingdom, Australia, and Canada?
It's a cryptocurrency spot exchange platform that also offers futures contracts and margin trading.
It's under Pay ward In-cooperation.
Pay ward in-cooperation is a California based Institutional Brokerages Company located in the United States.
It's regulated in United States of America and complies with American Regulations.
They only offer about twenty coins for trade.
How to sign-up www Kraken com account in Nigeria, United States of America, United Kingdom, Australia, and Canada?
Home-page with the 'CREATE ACCOUNT' tab
- Log into their website at www. Kraken. com with a Phone or laptop browser.
- At the center of the website click 'Create Account' to create an account
- Then, fill out the Username, Email and Password fields through their website
- Choose your country of residence
- Once you have signed-up an account, you will be asked a few questions by the cryptocurrency exchange trading platform.
- After making your first deposit, you will be asked to upload your documents for identification purposes.
- such as your ID and proof of residence.
- Upload the documents following the instructions given by the cryptocurrency exchange trading platform and wait for the verification process to complete.
PS - Newly registered accounts within 3 business days to verify.
You are at least 18 years old or of legal age before creating an account.
It's not certified with New York's infamous 'Bit license' so they cannot serve clients.
Is www Kraken com safe in Nigeria, United States of America, United Kingdom, Australia, and Canada?
It has never been hacked and they take security very seriously.
It's a safe cryptocurrency exchange platform to trade on.
It's one of the largest exchanges by trade volume in the United States and their volume reporting is widely believed to be accurate.
Where is www Kraken com Located in Nigeria, United States of America, United Kingdom, Australia, and Canada?
Their headquarters is located in San Francisco, California.
It primarily serves American traders and investors although Kraken is also popular in Canada and Europe.
PS - Japanese traders are not allowed to use www Kraken com
Is www Kraken com F D I C "federal deposit insurance corporation" Insured in Nigeria, United States of America, United Kingdom, Australia, and Canada?
It's not F D I C 'federal deposit insurance corporation' insured.
It's already explained this in their website, stating that 'Cryptocurrency exchanges do not qualify for deposit insurance programs because exchanges are not savings institutions'.
A lack of insurance is common for cryptocurrency exchanges and indeed it would be somehow unusual to find a cryptocurrency exchange which does offer FDIC 'federal deposit insurance corporation' insurance
How www Kraken com calculate taxes in Nigeria, United States of America, United Kingdom, Australia, and Canada?
The best way to calculate taxes is to use cryptocurrency tax software called www c r y p t o t r a d e r tax
What is www Kraken com trading fee in Nigeria, United States of America, United Kingdom, Australia, and Canada?
Trading fee depends on these five (5) categories namely -
- Instant buy
- Pro
- Stable coin and FX Pairs
- Margin
- Futures
- Instant buy fees
Trading fee |
online Payment card processing fee |
Online banking processing services fee |
0.9% for Stable coins and a 1.5% fee
for any other crypto or FX pair |
3.75% + €0.25 or equivalent fee for
card payments |
0.5% |
- Pro Trading Fees
30-Day Volume (USD) |
Maker Fee |
Taker Fee |
$0 - $50K |
0.16% |
0.26% |
$50K - $100K |
0.14% |
0.24% |
$100K - $250K |
0.12% |
0.22% |
$250k - $500k |
0.10% |
0.20% |
$500k - $1M |
0.08% |
0.18% |
$1M - $2.5M |
0.06% |
0.16% |
$2.5M - $5M |
0.04% |
0.14% |
$5M - $10M |
0.02% |
0.125% |
$10M+ |
0.00% |
0.10% |
- Stable coin and FX Pairs
30-Day Volume (USD) |
Maker Fee |
Taker Fee |
Up to $50K |
0.20% |
0.20% |
$50K - $100K |
0.16% |
0.16% |
$100K - $250K |
0.12% |
0.12% |
$250k - $500k |
0.08% |
0.08% |
$500k - $1M |
0.04% |
0.04% |
$1M + |
0.00% |
0.00% |
- Margin fee
Base currency |
Quote currency |
Opening fee |
Rollover fee |
ADA (Car-dano) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
ALGO (Algo-rand) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
BCH (Bitcoin cash) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
BTC (Bitcoin) |
EUR, USD |
0.01% |
0.01% per 4 hours |
BTC (Bitcoin) |
GBP, CAD, USDT |
0.02% |
0.02% per 4 hours |
DASH (Dash) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
DOT (P o l k a d o t) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
EOS (EOSIO) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
ETC (Ethereum Classic) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
ETH (Ethereum) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
FIL (File coin) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
LINK (Chain-link) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
LTC (Litecoin) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
USDC (USD Coin) |
EUR, USD |
0.01% |
0.01% per 4 hours |
USDT (Tether) |
EUR, USD |
0.01% |
0.01% per 4 hours |
REP (Augur) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
TRX (TRON) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
XMR (Monero) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
XRP (Ripple) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
XTZ (Tezos) |
EUR, USD, ETH, BTC |
0.02% |
0.02% per 4 hours |
- Futures
30-Day Volume (USD) |
Maker Fee |
Taker Fee |
$0 - $100K |
0.0200% |
0.0500% |
$100K - $1M |
0.0150% |
0.0400% |
$1M - $5M |
0.0125% |
0.0300% |
$5M - $10M |
0.0100% |
0.0250% |
$10M - $20M |
0.0075% |
0.0200% |
$20M - $50M |
0.0050% |
0.0150% |
$50M - $100M |
0.0025% |
0.0125% |
$100M + |
0.0000% |
0.0100% |
What is www Kraken com withdrawal fee in Nigeria, United States of America,
United Kingdom, Australia, and Canada?
These are the withdrawal fees based on
the type of cryptocurrency namely -
Cryptocurrency |
Withdrawal Fee |
Bitcoin (BTC) |
0.0005 BTC |
Ethereum (ETH) |
0.005 ETH |
DASH (DASH) |
0.005 DASH |
Ripple (XRP) |
0.02 XRP |
Stellar Lumens (XLM) |
0.00002 XLM |
Monero (XRM) |
0.0001 XMR |
Tether (USDT) |
5.0 USDT |
EOS (EOS) |
0.05 EOS |
What is www Kraken com the deposit option in Nigeria, United States of America, United Kingdom, Australia, and Canada?
It supports the following fiat currencies namely -
- USD
- GBP
- EUR
- JPY
- CAD
It offers a wide variety of options for depositing currencies namely -
- SEPA (for EU residents)
- FedWire (for US residents)
- SWIFT (for worldwide option)
PS: - It does not support credit prepaid card deposits.
- It offers a margin trading support.
- It has a low trading fees.
- It's low trading fees make them one of the most affordable cryptocurrency exchanges trading platform based in the United States.
- It holds 100% reserves.
- This 100% reserves is done through block stream’s standardized proof of reserves.
Is www Kraken com account money safe in Nigeria, United States of America, United Kingdom, Australia, and Canada?
95% of all deposits are kept in offline, air-gapped, geographically distributed cold storage.
It supports Two Factor Authentication (2FA) through Google Authenticator or a Yubi-Key.
PS - Yubi-key hardware two-factor authentication device is the most secure way to lock up your exchange accounts
What is www Kraken com limit order in Nigeria, United States of America, United Kingdom, Australia, and Canada?
A limit order permits buyers or sellers to determine a fixed price.
How is www Kraken com customer support in United States of America, United Kingdom, Australia, and Canada?
It offers customers dedicated 24/5 customer support through four (4) means namely -
- Phone
- Fax
- Live chat
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