Kraken review (2026)
Kraken scores 8.3/10 on our data-led review — strongest for active traders.
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Key facts
| Trading fee | 0.25% / 0.4% | Instant buy | — |
|---|---|---|---|
| AUD deposits | PayID · Osko · Card | AUD withdrawal | Free |
| Coins listed | 420+ | SMSF / Demo | SMSF ✕ · Demo ✕ |
Data verified 22 July 2026 against 1 source · our data sources
Pros & cons
Pros
- Free, near-instant AUD deposits via PayID
- Low trading fees from 0.25%
- Large asset range (420+ listed)
- Free AUD withdrawals
Cons
- Past regulatory penalty in Australia (see safety section)
- Global platform — support and product decisions are not AU-first
Is Kraken safe?
Every incident and regulatory action we track for Kraken, with primary sources — updated automatically from our fact database.
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FAQ
What are Kraken's fees?
Kraken charges maker/taker fees from 0.25%/0.4%. AUD withdrawals: free.
Is Kraken regulated in Australia?
Yes — Kraken is AUSTRAC-registered, and operates under ASIC transitional arrangements while Australia’s AFSL licensing regime phases in ahead of April 2027. Check our live AFSL tracker for current status.
How do I deposit AUD on Kraken?
Supported AUD deposit methods: PayID · Osko · Card.
Alternatives to Kraken
General information only, not financial advice. Fees and features change — always confirm on Kraken's own site. Last reviewed 22 July 2026 by the CryptoList Research pipeline. Corrections policy.