Exchanges / Kraken
30-second risk check: Kraken
Kraken Risk Rating, Licences and Safety Review
kraken.com · Official site verified ↗Likely contracting entity: Payward Europe Solutions LimitedMiCA Crypto-Asset Service Provider
Entity and licence perimeter · Moderate Risk
Is Kraken safe? Cexvia rates it Moderate Risk at 77/100.
For Ireland / European Economic Area users, the mapped entity is Payward Europe Solutions Limited under MiCA Crypto-Asset Service Provider. Its strongest area is Regulatory & legal standing; the main observed concern is Asset & solvency transparency.
Evidence for this conclusion ↓Run the 15-point safety checklist ↗Cexvia Exchange Safety RatingA higher score means lower observed risk
Kraken77Moderate Risk
Asset & 62Security66Corporat80Regulatory & legal standing86Corporate transparency80Asset & solvency transparency62Security & incident history66Operations & user protection83
Kraken performs best in Regulatory & legal standing at 86/100. Its main risk is Asset & solvency transparency at 62/100.
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Kraken is represented by 3 published legal or operator records. Each record is assessed separately because regulatory scope, products and customer protections vary by entity and region. Evidence ↓
Selected: IE / Payward Europe Solutions Limited · Verified 2026-07-27
Overall safety score77Moderate Risk
Checks completed5 / 5
Kraken Licences and Legal Entities
Which company operates Kraken in your region, and what licence does it hold?
Kraken is represented by 3 published legal or operator records. Company registration, an active authorisation, a pending application and an operator-disclosure gap are not treated as equivalent evidence.
RegionContracting entityRegulatory recordScopeStatusChecked
What does the licence record actually verify?
- Named legal entity and jurisdiction
- Permitted or registered activities
- Current public-record status at the verification date
Does a licence guarantee that customer funds are safe?
- Protection against all asset loss
- Global coverage for every user or product
- Complete solvency or future regulatory status
Regulatory & legal standingComplete
86score / 100Weight 25% · Confidence 96%
Published entities and regional permissions are assessed separately; unverified scope is not presented as one global licence.
- Entities checked individually
- Scope kept separate
- Registration is not a full licence
Score contribution0.2 / 25
Why did this area receive this score?
Evidence supporting the scoreEntities checked individually · Scope kept separate · Registration is not a full licence
What users should watchPublished entities and regional permissions are assessed separately; unverified scope is not presented as one global licence.
What information is still missing?No material public-information gap currently affects this conclusion.
1 source records · Reviewed 2026-07-27Corporate transparencyComplete
80score / 100Weight 15% · Confidence 94%
Entity, product and operator disclosure quality is assessed directly; private consolidated financial information is often limited.
- Entity disclosure scored
- Product scope checked
- Private financials often limited
Score contribution0.1 / 15
Why did this area receive this score?
Evidence supporting the scoreEntity disclosure scored · Product scope checked · Private financials often limited
What users should watchEntity, product and operator disclosure quality is assessed directly; private consolidated financial information is often limited.
What information is still missing?No material public-information gap currently affects this conclusion.
1 source records · Reviewed 2026-07-27Asset & solvency transparencyLimited coverage
62score / 100Weight 20% · Confidence 70%
Reserve disclosures are treated as evidence about specified assets and dates, not proof of complete liabilities or group solvency.
- Reserve source connected
- Liabilities need review
- Solvency not inferred
Score contribution0.1 / 20
Why did this area receive this score?
Evidence supporting the scoreReserve source connected · Liabilities need review · Solvency not inferred
What users should watchReserve disclosures are treated as evidence about specified assets and dates, not proof of complete liabilities or group solvency.
What information is still missing?Limited coverage
1 source records · Reviewed 2026-07-27Security & incident historyComplete
66score / 100Weight 15% · Confidence 88%
Verified historical incidents remain in the record alongside remediation and current account-security controls.
- History retained
- Remediation recorded separately
- Current controls do not erase incidents
Score contribution0.1 / 15
Why did this area receive this score?
Evidence supporting the scoreHistory retained · Remediation recorded separately · Current controls do not erase incidents
What users should watchVerified historical incidents remain in the record alongside remediation and current account-security controls.
What information is still missing?No material public-information gap currently affects this conclusion.
1 source records · Reviewed 2026-07-27Operations & user protectionPrimary evidence
83score / 100Weight 25% · Confidence 71%
Official status or notice channels are connected. Missing real-time coverage is reflected in confidence and is not treated as normal operation. Complaint evidence remains limited and is not treated as proof of safety.
- Official channel connected
- Asset status is time-sensitive
- Anonymous reviews excluded
- Market data connected
Score contribution0.2 / 25
Why did this area receive this score?
Evidence supporting the scoreOfficial channel connected · Asset status is time-sensitive · Anonymous reviews excluded · Market data connected
What users should watchOfficial status or notice channels are connected. Missing real-time coverage is reflected in confidence and is not treated as normal operation. Complaint evidence remains limited and is not treated as proof of safety.
What information is still missing?Primary evidence
3 source records · Reviewed 2026-07-27Kraken Rating Explained
What raises or lowers the Kraken rating, and what remains unknown?
Missing information reduces confidence, but Cexvia does not treat an undisclosed fact as proof of wrongdoing.
Main factors in the Kraken rating
Regulatory & legal standing
860.2 weightedPublished entities and regional permissions are assessed separately; unverified scope is not presented as one global licence.
Operations & user protection
830.2 weightedOfficial status or notice channels are connected. Missing real-time coverage is reflected in confidence and is not treated as normal operation. Complaint evidence remains limited and is not treated as proof of safety.
Corporate transparency
800.1 weightedEntity, product and operator disclosure quality is assessed directly; private consolidated financial information is often limited.
Security & incident history
660.1 weightedVerified historical incidents remain in the record alongside remediation and current account-security controls.
Asset & solvency transparency
620.1 weightedReserve disclosures are treated as evidence about specified assets and dates, not proof of complete liabilities or group solvency.
What should users verify before deciding?
Asset & solvency transparency
Public evidence for Asset & solvency transparency remains limited coverage, so this conclusion is less certain.
Operations & user protection
Public evidence for Operations & user protection remains primary evidence, so this conclusion is less certain.
Scope limitation
This profile prioritises entities most relevant to exchange users and is not a complete corporate tree.
Scope limitation
Product availability and contracting entities can vary by residence and account type.
Scope limitation
A regulatory record does not guarantee solvency, token value or recovery of customer funds.
On-chain transparency
What can be observed on Kraken's public wallets?
Observed assets, stablecoin flows and wallet coverage for publicly identified Kraken addresses.
Verified wallet data has not been connected for this exchange yet.
View full on-chain data ↗Kraken Security Monitoring
Is Kraken affected by outages, hacks, phishing or complaint clusters?
9 risk-signal families tracked · 4 automated or configured · 5 require analyst review
Official service status
Official incidents and maintenance are monitored at the published venue.
- Check frequency
- Every 5 minutes
- Rating impact
- Eligible after validation
Independent probes
Public API and domain reachability are checked independently.
- Check frequency
- Every 5 minutes
- Rating impact
- Eligible after validation
Security incidents
Security incidents, outages, remediation and compensation are reviewed as separate facts.
- Check frequency
- On change + weekly review
- Rating impact
- Eligible after validation
Reserves and wallets
Published reserve reports and wallet evidence are captured with their date and scope.
- Check frequency
- Daily
- Rating impact
- Eligible after validation
Account controls
MFA, allowlists, anti-phishing and withdrawal protections are checked from official guidance.
- Check frequency
- On change + weekly review
- Rating impact
- Eligible after validation
Legal and regulatory
Entity, licence, registration, application and enforcement states are kept distinct.
- Check frequency
- On change + weekly review
- Rating impact
- Eligible after validation
Domain and phishing
RDAP, DNS, TLS and certificate changes are compared with the verified official domain.
- Check frequency
- Daily
- Rating impact
- Context only
Vulnerability signals
Potential product and dependency matches are queued for validation.
- Check frequency
- Daily
- Rating impact
- Never scored directly
Verified complaints
Official case references and structured evidence are mapped by venue and entity.
- Check frequency
- On change + weekly review
- Rating impact
- Context only
Kraken Safety and Regulatory News
Has Kraken reported hacks, withdrawal problems or regulatory action?
No major event currently meets the publication threshold. Continue checking withdrawal status, official notices and recent user reports.
Exchange Safety, Reserves and Withdrawals
Is Kraken safe? Check its reserves, security incidents and withdrawal risk.
Are reserves transparent and is solvency verifiable?
62/100Reserve disclosures are treated as evidence about specified assets and dates, not proof of complete liabilities or group solvency.
- Reserve source connected
- Liabilities need review
- Solvency not inferred
Has the exchange suffered hacks or major security incidents?
66/100Verified historical incidents remain in the record alongside remediation and current account-security controls.
- History retained
- Remediation recorded separately
- Current controls do not erase incidents
Are withdrawals working and are users protected?
83/100Official status or notice channels are connected. Missing real-time coverage is reflected in confidence and is not treated as normal operation.
- Official channel connected
- Asset status is time-sensitive
- Missing is not normal
- Anonymous reviews excluded
- Comparable sample limited
Fund-storage guidance
Limited long-term custody
- How to use it
- Suitable for normal trading with controlled exchange balances.
- Higher-risk use
- Avoid using the exchange as a single long-term custody location.
- Why
- Regulatory & legal standing is the strongest observed area, while Asset & solvency transparency limits a stronger conclusion.
Account, Deposit and Withdrawal Checklist
Opening an account, holding funds or unable to withdraw? Start here.
- 01Verify the official domain and app publisher
- 02Confirm the legal entity named in the account agreement
- 03Check whether the selected product is covered in your region
- 04Start with the minimum deposit
- 05Test one withdrawal
- 06Enable strong account security
- 07Avoid keeping unnecessary long-term balances
Compare Exchange Safety
How does Kraken compare with other exchanges on risk and security?
ExchangeRiskScoreRegulatorySecurityConfidence
Before you deposit
Run the safety checklist for Kraken
Check the official domain, legal entity, licence, reserves, incident history and your exit route in one interactive worksheet.
FAQ
Questions about Kraken
Is Kraken safe?
Kraken is currently rated Moderate Risk at 77/100. This reflects observed public evidence and is not a guarantee of safety.
Is Kraken regulated?
3 legal-entity records are mapped in this Passport. Each record has a jurisdiction-specific status and scope.
Which entity serves the selected region?
Ireland / European Economic Area: Payward Europe Solutions Limited — MiCA Crypto-Asset Service Provider.
Does Kraken publish reserve or solvency evidence?
Reserve disclosures are treated as evidence about specified assets and dates, not proof of complete liabilities or group solvency.
Should funds be stored on Kraken long term?
Limited long-term custody. Suitable for normal trading with controlled exchange balances. Avoid using the exchange as a single long-term custody location.
Kraken · Official Records and Verifiable Evidence
Kraken licence, reserve, security and operating sources
Open the original records used to check the exchange, including the verification date and the conclusion each source supports.
Platform terms · Kraken
Tier B↗Kraken EEA Terms of Service
Official terms used to verify the contracting entity and service scope.
Platform terms · Kraken
Tier B↗Kraken legal disclosures
Official terms used to verify the contracting entity and service scope.
Company disclosure · Kraken
Tier B↗How Kraken is regulated
Company disclosure used to assess governance, financial or incident transparency.
Market data · CoinMarketCap
Tier B↗Kraken — CoinMarketCap exchange profile
Third-party market-quality data used as a supporting signal.
Reserve disclosure · Kraken
Tier B↗Kraken reserve disclosure
Published reserve or asset-disclosure evidence used in the solvency assessment.
Security notice · Kraken
Tier B↗Kraken security record
Published security or incident evidence used in the security assessment.
System status · Kraken
Tier B↗Kraken service status
Official service-status evidence used in the operational assessment.
Evidence coverage · Cexvia methodology
Method↗Cexvia complaint evidence standard
Complaint comparisons use verifiable primary evidence. The current cross-platform sample remains limited.
Cexvia ratings reflect observed risk under available public evidence. A higher score means lower observed risk, not guaranteed safety. Coverage, confidence, redlines and score direction are published separately. This page is not investment, legal or custody advice. Commercial relationships do not change scores or suppress verified evidence.