Banner for Kraken

Kraken Reviews 

9,367
•
TrustScore 3 out of 5

3.2

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 3 out of 5 stars

not great. I was using them years ago - was working well, then started being very slow in answering any support questions and i changed the platform. Tried to use again recently (in 2026) - again a p... See more

Company replied

Rated 4 out of 5 stars

The functionality is comprehensive. The menus are good enough. I did have to ask AI to find some methods and steps since the pro and not-pro setting had me comparing trading steps and limitations or a... See more

Company replied

Rated 4 out of 5 stars

Easy to use send and deposit functions on crypto. Easy to transfer funds from/to my bank. 1. On the Mobile app the swap/conversion process needs to be streamlined. From a trade button show a s... See more

Company replied

Rated 1 out of 5 stars

A new clean verified account with my first deposit got restricted and my 20k deposit is on hold for over 10 days while I have 0 help or resolution or even an explanation from support. Ticket #23053154... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. also in
  3. Asset Manager Service
  4. Investment Service

Written by the company

Kraken is a suite of powerful financial tools to help you grow and manage your money. Invest, trade, and earn with crypto, stocks, ETFs, and futures from a company founded in 2011. Kraken by Payward.


Contact info

You should know

3.2

Average

TrustScore 3 out of 5

9K reviews

5-star
4-star
3-star
2-star
1-star

Asks customers to review

This company invites their customers to review, whether positive or negative

At Trustpilot, it's all about human content. This business can also access our AI-assisted response tool which helps them draft replies.

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

3.2

All reviews

(9,367)

6,005 reviews in the last 12 months

Write a review
Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more
referral

Rated 1 out of 5 stars

⚠️ SCAM – THEY PROMISE BONUSES BUT REFUSE TO PAY! ⚠️

This company is a complete scam. They confirmed multiple times that I 100% qualified for a referral bonus, yet when it came time to pay, they suddenly canceled my payout with no valid reason. Their support just keeps repeating scripted responses, avoiding responsibility, and hoping I’ll give up.

If you’re thinking of using this platform, BEWARE – they lure you in with fake promises and then refuse to pay what they owe. I’ll be reporting this to regulatory authorities and exposing their shady practices everywhere. Don’t fall for this scam! 🚨

March 26, 2025
Unprompted review
Kraken logo

Reply from Kraken

Hi Jakub,

That definitely doesn't sound like the experience we want you to have. Our referral bonuses have specific eligibility requirements, and if a payout was canceled, it would be due to terms not being met.

We’d be happy to take another look—please reach out to our team at https://support.kraken.com/hc/en-us/forms with your referral details, and we’ll review this for you!

Kraken 🐙

Rated 2 out of 5 stars

Large Fees and Cheeky Referral Scheme

It's not a bad crypto exchange but the fees are quite high compared to any other exchange and on top of that, the £10 sign up bonus doesn't seem to be a thing. Customer support said they are 'reworking it', therefore it's paused. However, the referral links somehow work when you are signing up and they don't seem to want to honour those who signed up with one. All a bit strange and therefore I'm not really a fan of this.

March 15, 2024
Unprompted review
Kraken logo

Reply from Kraken

Appreciate the feedback Mike.

You are correct, the referral program is currently paused. If you update your review to include your Public Account ID, ticket number, or, respond to our request for additional information, we'd be happy to give your situation further review.

https://support.kraken.com/hc/en-us/articles/360028555092-How-to-find-your-account-number-Public-Account-ID-

Thanks,

🐙

Rated 1 out of 5 stars

The worst ever digital currency wallet

The worst ever digital currency wallet. Crypto is supposed to be easy and fast i transactions. But with their ridicoulus withdrawel hold policy, nothing will ever be fast.
72 hours on withdraw hold if you buy on cash payment.... They say... My second payment is on hold now and has been for 131 hour, still counting.
I can trade my money, but only on the Kraken platform, wich never was the intention.
And costumer service. Do you like writing with a robot giving you the exact same useless answer 3 times in a row before putting me on hold, promising that i could talk to a real "specialist"... Yeah, waited for 3 hours and it never happened.
Promises referral bonus... Never got it, neither did my friend! - as supposed.

IT is a 'never' platform. NEVER USE IT!

Im getting my money out of there and close my account as soon as they remove the hold. Thats for sure...

Dont give me the stupid reach out to us speak. Just get it fixed!

USE Binance, they have no such thing as trapping cosumers in a hold.

September 30, 2023
Unprompted review
Kraken logo

Reply from Kraken

Hi René,

We'd love to look into this for you and work towards an expedient resolution.

Do you have a support ticket number you can share with us?

🐙

Show reviews in all languages. (9,367 reviews)

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look