Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more

Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.

What is PGP/GPG encryption?

Last updated: 31 сакавіка 2025 г.

Kraken offers an end-to-end email encryption option which provides an additional layer of security while communicating with us. Using this feature allows you to make sure that emails were actually sent by Kraken and that they weren’t intercepted or tampered with before you received them.

The system that we use to do this is called Pretty Good Privacy (PGP). Although the software is called “pretty good”; today OpenPGP is the most widely used email encryption standard across the world.

When the creator of PGP converted it into paid-license code, this resulted in an initiative to offer a free-license alternative which is called GNU Privacy Guard (GPG).OpenPGP stands for Open-source PGP and became the IETF-approved standard for PGP communication which allows both PGP and GPG software to communicate with each other.

In other words, it doesn’t matter which of the two options you choose unless you are a developer, or make a moral decision to support free and open-source software. For ease of reading, we will use PGP from this point forward to describe both.

Next, how to set up PGP encrypted email communication!

What is PGP/GPG encryption?

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