Cryptocurrency trading involves buying, selling, or holding digital assets like Bitcoin (BTC) or Ethereum (ETH) in the hope of generating profit from market movements. Whether you’re planning a long-term investment or shorter, more frequent trades, Kraken provides a streamlined platform with a variety of features to help you get started.
Tip:
Always do your own research and understand the risks before trading any cryptocurrency.
What is Kraken?
Kraken is a global cryptocurrency exchange known for its strong security track record, diverse range of digital assets, and client-focused trading tools. You can access simple trading features (ideal for beginners) and advanced tools (for more experienced traders), all in one place.
Trading on the Kraken platform can be performed by exchanging cash such as USD, EUR and CAD for cryptocurrency or exchanging one cryptocurrency for another.
If you are new to the world of cryptocurrency trading, Kraken has put together a number of resources that may help you get started, these include:
- •Compare Ethereum vs. Bitcoin.
- •A trading glossary that has definitions of terms that you will come across while trading.
- •The different types of cryptocurrencies you can trade on the Kraken exchange. You can find the full list of assets available on the Kraken platform here.
- •How to trade using leverage and margin, if eligible.
- •How trading fees are calculated.
If you are already an experienced trader, the following resources maybe useful:
- •How to set up the different order types and order options available to you on the Kraken platform.
- •Learn about the Kraken API.