Is Kraken Pro Safe to Use?
Wondering if Kraken Pro is safe to use? Both Kraken and CEX.IO are legitimate, long-standing cryptocurrency exchanges, but our HasTrust assessment currently rates this subject 40/100 (Caution). They require rigorous identity verification, and fees can run higher outside professional interfaces, so review the details before trading.
Both Kraken and CEX.IO are legitimate, long-standing cryptocurrency exchanges with established track records. Kraken is generally viewed as the more robust, security-focused, and transparent option for active traders, while CEX.IO provides a simpler, user-friendly experience that is particularly popular among UK users for its fiat-to-crypto onboarding. Users should be aware that both platforms require rigorous identity verification and that trading fees can be higher if not using professional trading interfaces like Kraken Pro. Latest news is that Kraken is down. The Public Prosecution Service has filed for the bankruptcy of crypto platform Knaken, a spokesperson for the service reports.
Video reviews
Pros
- Kraken: High regulatory standing (FCA, MiCA), strong security (Proof of Reserves, advanced auth), and competitive Pro trading fees.
- CEX.IO: Established track record, good fiat onboarding options for UK/global users, and straightforward user experience.
Cons
- Kraken: Can have account holds during compliance reviews and high fees for non-Pro 'instant' purchases.
- CEX.IO: Higher entry-level trading fees compared to some competitors, limited advanced features, and occasional user reports of slow support or verification.
Safety signals
Third-party ratings
Facts
Better options
Why switch: Kraken is generally considered a more robust, highly regulated, and secure platform with more advanced trading tools and better transparency (e.g., Proof of Reserves) compared to CEX.IO.
Based on 8 sources
CEX.IO vs Kraken UK 2026 — Which Is Better? | CryptoReviewKraken Review 2026: Fees, Security, Staking, & Pro - Coin BureauCEX.IO Review UK 2026 - Fees, Security & Features | CryptoReviewCEX.IO Review 2026: Is This Crypto Exchange Safe and Legit?Kraken vs CEX.IO: Compare Side-by-Side | CryptoradarKraken Pro vs CEX.IO: Compare Side-by-Side | CryptoradarCEX.IO vs Kraken Pro: Compare Side-by-Side | CryptoradarKraken vs CEX.IO: Price, Security & Features (2026)🛡️ Site safety check
What you should do
- Only buy here if you can pay with full buyer protection — and expect problems with delivery or returns.
- Verify the company: a real registered address, working phone number and reachable customer service.
- If the deal looks too good to be true, it is — compare the price on a shop you already trust.
Checked 41 days ago. · How we score →
Frequently asked
Is Kraken Pro / CEX.IO legit?⌄
Caution. HasTrust trust score: 40/100. Both Kraken and CEX.IO are legitimate, long-standing cryptocurrency exchanges with established track records. Kraken is generally viewed as the more robust, security-focused, and transparent option for active traders, while CEX.IO provides a simpler, user-friendly experience that is particularly popular among UK users for its fiat-to-crypto onboarding. Users should be aware that both platforms require rigorous identity verification and that trading fees can be higher if not using professional trading interfaces like Kraken Pro. Latest news is that Kraken is down. The Public Prosecution Service has filed for the bankruptcy of crypto platform Knaken, a spokesperson for the service reports.
Is Kraken Pro / CEX.IO a scam?⌄
Our check surfaced no major scam signals — still verify payment and seller details before you pay.
What is the Kraken Pro / CEX.IO trust score?⌄
HasTrust rates Kraken Pro / CEX.IO 40/100 (Caution). Buy
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