Kraken Exchange | Kraken Exchange Review | Kraken Tutorial For Beginners - YouTube

Channel: Top Crypto

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welcome to our channel and in this聽 video i will teach you about the聽聽
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kraken cryptocurrency exchange first聽 please notice our disclaimer i am not聽聽
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a financial advisor and this video is for聽 informational and educational purposes only
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all right now let's dive right into this video聽 but before we start i want to tell you that all聽聽
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the links you will need for the kraken currency聽 exchange and for this video will be down in the聽聽
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description now let's dive right into it so first聽 of all when you get to the kraken cryptocurrency聽聽
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exchange you will get to this screen where you can聽 create an account sign in which we will get into a聽聽
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little bit later but apart from that you can also聽 check out all of their features prices of your聽聽
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favorite cryptocurrencies their new upcoming聽 nft marketplace the learn section where you聽聽
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have crypto guides videos but also podcasts聽 support if you need help with the cryptocurrency聽聽
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exchange futures and institutions the kraken聽 cryptocurrency exchange is one of the biggest聽聽
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cryptocurrency exchanges out there with very聽 strong security and a lot of markets to trade in聽聽
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so the main question is obviously how to actually聽 create an account on kraken.com well as i said in聽聽
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the beginning on the top menu right here all the聽 way to the right you will find create an account聽聽
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if you press that it will bring you to this screen聽 where you can very easily create your own account聽聽
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start by putting in your email pick a username聽 to your liking and a password up to all of the聽聽
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security standards which you can see right here聽 then your country of residence wherever you聽聽
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reside right now agree to the terms and that way聽 you can easily create an account and after this聽聽
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you only need to activate it with an activation聽 link in your email and you can get started with聽聽
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trading on kraken alright so one of the most聽 important things if you actually want to trade聽聽
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on a cryptocurrency exchange is obviously their聽 security so let's talk a little bit about kraken聽聽
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security kraken has industry leading security聽 they safeguard your funds nfts and maybe most聽聽
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importantly your privacy now some of the聽 ways in which they do that is by having a聽聽
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world-class security team but they also have a聽 safe coin and nfc storage which means that 95聽聽
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of all deposits are kept in online air-gapped聽 and geographically distributed cold storage聽聽
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apart from that they also have platform security聽 where their servers reside in secure cages under聽聽
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24 7 surveillance and secured by armed guards聽 and video monitors in other words very safe they聽聽
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have penetration testing so they have their own聽 team that actually tries to get into the crack聽聽
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in cryptocurrency exchange and hack it in order to聽 prevent that and they have information secured so聽聽
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all the sensitive account information is encrypted聽 at rest at both the system and the data level and聽聽
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at the bottom of the page you can also find some聽 more of the tangible security features such as聽聽
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two-factor authentication email confirmations for聽 withdrawals and apart from that many more things聽聽
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now on kraken you can also easily stake your聽 cryptocurrencies where you can earn up to 23聽聽
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yearly on your crypto so you can just get the聽 staking assets only kraken cryptocurrency exchange聽聽
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select the asset that you want to stake and earn聽 the rewards very easily once you have logged in聽聽
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and once you get into that screen so some of the聽 tokens which you can actually stake are down here聽聽
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such as ada atom ethereum 2.0 already and flow now聽 one of the most important things if you actually聽聽
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want to trade on a cryptocurrency is obviously聽 liquidity without liquidity you wouldn't be able聽聽
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to trade so on kraken you have high trade聽 volume and maximum cryptocurrency liquidity聽聽
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so what exactly is liquidity quickly so liquidity聽 refers to how easily an asset can be bought聽聽
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or sold at a stable price at a given market so聽 for example you want a bitcoin can you easily聽聽
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buy it and are you actually able to buy it for the聽 price you see on the screen so on kraken the main聽聽
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reasons what actually drives that liquidity is聽 that there first of all is high trading volume聽聽
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kraken is a huge exchange a lot of people trade聽 on it but apart from that they also have low fees聽聽
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making it very easy and tempting you to actually聽 trade a lot and apart from that they also have a聽聽
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lot of active traders together with more funding聽 options all together driving the liquidity of the聽聽
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kraken currency exchange and quickly i do want to聽 remind you that all the links you will need again聽聽
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will be down in the description so as we already聽 said there are a lot of active traders on kraken聽聽
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and therefore you can also use margin聽 trading where you can trade with leverage聽聽
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allowing you to increase your profits but also聽 taking on a little bit more risk so let's check聽聽
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that out so if you actually want to trade on聽 kraken what you can do is you have a leverage聽聽
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up to five to one which means that you can聽 trade with five times more the capital you聽聽
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have and which you should put up for collateral聽 apart from that they also have low rollover fees聽聽
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and high margin limits allowing you to trade with聽 a lot of margin and they also have a pro trading聽聽
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interface allowing you to manage your positions聽 easily with your intuitive trading platform and聽聽
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advanced order options so here you can quickly聽 see a list of all of the cryptocurrencies you can聽聽
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actually use one margin trading which goes all the聽 way from algorand to bitcoin down to kozama monero聽聽
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and a lot of tokens as you can see now one of聽 the great things on kraken i think is their聽聽
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learn section this actually allows people new to聽 cryptocurrencies to learn more about crypto but聽聽
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also about kraken so some of the things they have聽 is podcasts the crack and cryptocurrency exchange聽聽
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has their own podcast you can also find videos聽 about news about cryptocurrencies but also about聽聽
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all of the features on kraken itself and apart聽 from that what i think is the most interesting聽聽
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one is you have crypto guides so from all of these聽 cryptos you have a guide as to what they actually聽聽
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are how to buy that and how to sell it so聽 i always think that's an underrated part聽聽
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because on kraken you can actually now learn聽 while trading so as i said quickly in the聽聽
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beginning there's also an nft marketplace coming聽 on kraken soon so if you press nft on the top聽聽
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menu you'll get to this screen where you can聽 join the wait list now obviously nfts are very聽聽
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trending in the whole crypto industry so it's聽 amazing to see kraken actually being innovative聽聽
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and jumping onto the nft train and creating their聽 own marketplace to capitalize on nfts and that聽聽
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says a lot about the company kraken 2. now apart聽 from their own exchange you can also follow them聽聽
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on twitter which i would strongly suggest you can聽 follow them at kraken fx where you can find out a聽聽
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lot about kraken for example new podcast episodes聽 what is going on with the nft marketplace but they聽聽
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also post these threats with more information聽 and education on cryptocurrencies alright聽聽
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so with that we have reached the end of this聽 video in this video we talked about the kraken聽聽
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cryptocurrency exchange how to actually create聽 an account and start trading on it their security聽聽
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staking liquidity and margin trading and how聽 that actually works and what you can do in聽聽
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kraken we also talked about the learn section so聽 how you can learn while actually using kraken and聽聽
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we talked about the upcoming nft marketplace for聽 kraken if you found this video helpful please make聽聽
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sure to add a like and add comments about things i聽 might have missed and subscribe to our channel bye