Wednesday, September 5, 2018

What is Kraken?

If you have been watching Bitcoin development you surely would have heard of Kraken. This San Francisco based company started operating internationally in 2011

Kraken_2

Kraken is a Bitcoin exchange where Fiat Currency as well as Digital currency can be exchanged. That is to say, you can send them US$, Japanese Yen etc. and get digital currency such as Bitcoin.

You can store your Bitcoin/Fiat currency on the Kraken site, but you should pull it into your own Bitcoin Wallet as your own wallet may provide a greater level of security than a web site can offer.

This is a Kraken summary info found on CoinCentral.com site.


Key features of Kraken from Kraken site.


No comments: