Summary: Kraken is globally recognized as a leading cryptocurrency exchange that is accessible to users in over 190 countries and provides support in over 17 languages. However, it's important to note that Kraken's services may be restricted in some areas due to local financial regulations, political unrest, or international sanctions.
- Buy and sell over 200 cryptocurrencies with 0.1% fees.
- Available in 190 countries globally, making it the most accessible exchange worldwide.
- 13 languages supported, including English, Chinese, French, Korean, Spanish and more.
What Countries Does Kraken Support?
Kraken is a leading name in the international cryptocurrency exchange landscape, renowned for its extensive global reach. The platform provides its services in more than 190 countries, covering regions like Australia, most of Europe, Asia, the Middle East, Africa, and South America. We recommend reviewing Kraken's supported jurisdictions to find out if the exchange is accessible in your location.
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Which Countries Are Restricted by Kraken?
The exchange aims to offer its cryptocurrency trading services worldwide. Still, it's important to note that the platform's availability can be constrained in specific locations due to local financial laws or international sanctions. While Kraken is committed to global accessibility, its services are unavailable in Afghanistan, Belarus, Cuba, Iran, North Korea, Russia and Syria, where regulatory environments are either strict or politically complex.
Kraken Supported Languages and Currencies
Kraken offers a multilingual interface to cater to its diverse user base worldwide. The platform supports a wide range of languages, including English, Spanish, Filipino, French, Russian, Chinese, Japanese, Portuguese, Vietnamese, Korean, Turkish & Italian.
In addition to its language versatility, Kraken accommodates deposits in various fiat currencies. Users can effortlessly deposit funds in currencies like USD, EUR, GBP, AUD, CHF, and JPY, among others, and seamlessly convert them into cryptocurrencies for trading. This feature enhances the trading experience by providing greater financial flexibility to users across the globe.
Where is Kraken Regulated?
The exchange operates with a focus on regulatory compliance tailored to the geographical locations of its users. As an international platform, Kraken is committed to adhering to the legal frameworks of the countries in which it operates. The company is currently regulated by the FinCEN in the USA, the FCA in the United Kingdom, the OAM in Europe, the AUSTRAC in the APAC region and the ADGM in the Middle East.
Final Thoughts
To sum up, Kraken stands as a titan in the cryptocurrency exchange arena, offering its robust platform to a global audience. With a presence in over 190 countries and support for 17 languages and multiple fiat currencies, Kraken is a go-to choice for traders seeking diversity and flexibility. However, it's crucial for potential users to be aware that Kraken's services are not universally available. Due to local financial regulations and international sanctions, the platform is restricted in certain jurisdictions that have political unrest.
Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.
