Kraken Review 2026: Fees, Proof of Reserves and Safety
Kraken is one of the oldest major crypto exchanges still operating, with a reputation built less on rapid token listings or extreme leverage than on security, fiat access and regulatory coverage. That positioning is still relevant in 2026. Kraken has MiCA authorization in Europe, publishes independently verified proof of reserves and says its exchange-managed custodial wallets have never been breached. But there is now a more obvious downside: Kraken Pro became expensive for low-volume spot traders after its July 2026 fee changes. For users choosing between Kraken and lower-cost offshore exchanges, the trade-off is increasingly clear. Kraken offers stronger regulatory and security credentials, but users may pay considerably more for them.Kraken Pro is no longer a low-fee option for casual traders On July 9, 2026, Kraken introduced new cross-platform fee tiers. The entry Kraken Pro spot tier now charges:0.40% maker0.80% taker The rate falls as either 30-day spot trading volume or eligible assets held on Kraken increase. At $2,500 in monthly volume, rates fall to 0.30% maker and 0.60% taker; at $10,000, they fall to 0.22% and 0.38%. That makes Kraken unusually expensive at the entry level compared with exchanges advertising spot fees around 0.10% or below. A $5,000 market order at the base 0.80% taker