Hi,
go to Trustpilot and look up the customer reviews for Kraken, then check out the 1 star ratings. There is a flood of them complaining about having their accounts closed for not apparent reason.
Now I am not sure if those reviews might possibly be fake, or written by bots. At the same time it does seem really concerning. What is your opinion on it. Does Kraken maybe have issues that are brewing in the background, and would it be wise to not use them anymore?
Generally I've mostly read good opinions on them, they are often brought up when the subject is trustworthy exchanges. I just didn't know what to think about that absurd amount of negative reviews, and something seems fishy about it.
Don't trust centralized review platforms, they are most of the time paid to write something good about them mostly the good part, they will forget about the to criticize them of the bad state of their platforms. I don't know much about Trustpilot I can't say for sure the authenticity of those reviews, Kraken exchange might be a centralized exchange that many people might not like but those reviews are rubbish and ridiculous, get your facts on your own.
You can check on this
general review and things you need to know about the exchange, in addition, you can check the forum especially the scam board for more threads about Kraken to see if there has been complaint about the exchange. Don't forget to deposit a little amount to test the exchange services, putting all you have with them will put you in more risk since you don't know much about the exchange. Good luck.