Post
Topic
Board Altcoin Discussion
Re: What do people think of Kraken
by
TelolettOm
on 30/10/2023, 16:37:14 UTC
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?
Whatever the exchange, there will definitely be some people who have felt disappointed or experienced difficulties on the exchange. And not just Kraken. But this is only a small handful. Moreover, it is trustpilot, never trust on that site. You can even find very good reviews on scam projects or scam platforms there. So, don't believe it.

What is certain is that Kraken is one of the top crypto exchanges in the world. In fact, it is currently in the top 3.
https://coinmarketcap.com/rankings/exchanges/
They may have problems with some people, but generally speaking, Kraken usually resolves problems correctly and promptly. I'm sure there is a reason why their account was suspended or closed and it's impossible if there is no reason.