Why is Kraken suspending ACH deposits & withdrawals?

Crypto exchange Kraken will suspend automated clearinghouse (ACH) deposits and withdrawals starting March 27, with the company looking for a new banking partner following the failure of Silvergate Bank. ACH transfers are the primary system for electronic payments made to and from banks.

What currencies does Kraken support?

Kraken supports the following currencies: USD, EUR, CAD, AUD, GBP, CHF and JPY. This information can change without notice and is not always current. Please sign in to your Kraken account and navigate to the relevant funding page to see the most current information. credit & debit cardsthird-party payments processor withdrawals are not possible.

How does Kraken calculate transaction fees?

Kraken calculates transaction fees according to the volume you trade in a 30-day rolling period. The fee schedule includes: Transactions $500,001 to $1,000,000 pay a 0.08% maker fee or a 0.18% taker fee Transactions $1,000,001 to $2,500,000 pay a 0.06% maker fee or a 0.16% taker fee

Is Kraken a good investment?

The user experience for Kraken and Coinbase ranks high. They both provide a reliable experience on desktops and mobile devices. Kraken’s stringent security measures are a bonus for large-sum investors, but the added precautions can be trying for users who want to start trading quickly.