Kraken
kraken.comSummary
Kraken is a cryptocurrency exchange platform that allows users to buy, sell, and trade a wide range of digital assets. It offers various services for both retail and institutional clients, including spot trading, margin trading, futures, staking, and OTC services, with a focus on security and liquidity.
Features6/19
See allMust Have
3 of 5
Payment Processing
Developer API Integration
Dashboard & Reporting
Billing & Subscription Management
Fraud Detection
Other
3 of 14
Multi-Currency Support
Global Payment Methods
Identity Verification
Stripe Connect
Stripe Issuing
Stripe Terminal
Stripe Treasury
Stripe Atlas
Stripe Capital
Stripe Sigma
Stripe Tax
Stripe Invoicing
Webhook Event System
Customer Portal
PricingFreemium
See allKraken+
- Zero trading fees on up to $10k/month
- Boosted USDG yield (up to 4%+ APR)
- Access to exclusive airdrops
- Premium perks
- Spread and payment processing fees still apply
- Zero-fee trading applies only to Buy, Sell, or Convert features on the Kraken app or web (not Spot, Futures, API, or OTC trades on Kraken Pro)
- Boosted USDG yield is not available in all regions
Rationale
Kraken is primarily a cryptocurrency exchange, which involves payment processing for buying and selling crypto. It offers API access for institutional clients and advanced traders, and provides dashboards for managing accounts and trades. While it handles various fiat and cryptocurrencies, and supports global users, its core offering is crypto trading, not a general-purpose payment infrastructure platform like Stripe. It lacks explicit features for subscription management, general fraud detection beyond exchange security, or specific services like card issuing or banking-as-a-service that are central to Stripe's model. The 'Send Payments' feature is for crypto transfers, not general payment processing for businesses.
