$PI 🚀 Kraken (Crypto Exchange, commonly known as K-Network)

A leading, highly compliant centralized cryptocurrency exchange (CEX)

I. Basic Information (Latest 2026)

• Founded: July 28, 2011 (San Francisco, USA)

• Parent Company: Payward, Inc.

• Valuation: Approximately $20 billion

• Users: Serves 190+ countries/regions, approximately 15 million registered users

• Compliance Milestone (2026.3.4): Kraken Financial obtained a primary account with the Federal Reserve (streamlined version), can connect directly to Fedwire/FedNow, is the first crypto bank in the US to access the Federal Reserve payment system

II. Core Business

• Spot Trading: BTC, ETH, USDT, SOL, XRP and 200+ cryptocurrencies

• Leverage/Margin: Up to 5x (varies by region)

• Futures Contracts: Up to 50x leverage, bidirectional long/short

• Fiat On/Off Ramp: USD, EUR, GBP, JPY, CAD, etc., supports bank transfers/credit cards

• Staking & Mining: Multi-currency staking for passive income

• OTC Desk: For institutional/high-net-worth users

• NFT Marketplace: Digital collectibles trading

III. Core Advantages

• Compliance First: US SPDI bank license, EU MiCA, UK FCA and multiple jurisdictional regulations; full reserve audits

• Security & Reliability: Primarily cold storage, 2FA, multi-signature, regular security audits

• Fiat-Friendly: Excellent user experience for European users, leading trading volume in EUR zone

• Institutional Services: 2026 focus on institutional clients, targeting 1/3 of revenue from institutions

IV. Fees (Overview)

• Trading Fees: Maker/Taker model, 0.02%–0.26%, lower rates with higher trading volume

• Deposits: ACH free; credit card approximately 3.75% + $0.25

• Withdrawals: Bank transfer $5–$35 (varies by amount/channel)

V. Important Reminders (Must Read)

• China Policy: Mainland China prohibits cryptocurrency trading and fiat conversion; using overseas platforms carries legal and fund risks

• Risk Disclaimer: Crypto assets are highly volatile, high-risk investments, proceed with caution

• Federal Reserve Account: Used only for payment settlement, no FDIC insurance, cannot lend, cannot earn reserve interest ……