← Back to CEXs

Kraken

🟡 Mixed Policies
36
Total Policies
19
High Risk
17
Unfavorable
3
User-Friendly
6/10
Risk Score

Summary

Kraken's terms and conditions include a mix of user-friendly policies and those that favor the exchange, leading to potential risks for users. While they provide some protections, there are significant limitations that could impact users' ability to access their funds and seek recourse in disputes.

Read Official Terms →

Key Takeaways

  • •Complete KYC verification to avoid access issues.
  • •Be cautious with margin trading due to high risk of losses.
  • •Understand your limited legal recourse regarding disputes.
  • •Stay informed about changes to terms that could affect your rights.
  • •Review fee structures to anticipate trading costs.