Why Traders Choose the Kraken Exchange
Kraken Exchange at a Glance
- Founded in 2011 by Jesse Powell — one of the oldest continuously operating crypto exchanges worldwide
- Zero security breaches resulting in customer fund loss across 13+ years of operation
- 100% proof of reserves verified by independent third-party Merkle Tree audits
- Licensed and regulated under FinCEN (US), FCA (UK), AUSTRAC (Australia) and multiple EU jurisdictions
The Kraken exchange login is your entry point into a platform that has outlasted hundreds of competitors, survived multiple market cycles and maintained an unblemished security record in an industry notorious for breaches, hacks and insolvencies. While exchanges like Mt. Gox, FTX, Celsius and countless others have collapsed — taking billions in customer funds with them — Kraken has stood as a testament to what happens when security and compliance are not optional features but foundational principles.
Jesse Powell founded Kraken in 2011 after witnessing the early failures of cryptocurrency infrastructure firsthand. He had helped investigate the Mt. Gox breach and understood that the industry needed an exchange built on fundamentally different security principles. The result was Kraken: an exchange where 95% of all assets are stored in air-gapped cold storage, where every client balance is backed 1:1 and cryptographically provable through Proof of Reserves audits, and where the security team operates with the paranoia of a military defense contractor rather than a Silicon Valley startup.
This history matters when you choose where to trade. The Kraken exchange login is not just access to an order book — it is access to an institution with a proven track record. When the cryptocurrency market experienced its most severe crisis in 2022, with multiple major exchanges and lenders collapsing within months, Kraken continued operating normally. Customer withdrawals were processed without delay. Proof of Reserves audits continued on schedule. The contrast with competitors could not have been starker.