Cryptocurrency Q&A Is Kraken centralized or decentralized?

Is Kraken centralized or decentralized?

BlockchainBaroness BlockchainBaroness Wed Sep 25 2024 | 5 answers 1243
I'm curious to know about Kraken's structure. Can you tell me if Kraken is a centralized or decentralized platform? I'm trying to understand the underlying architecture and security measures in place for cryptocurrency transactions on the platform. Additionally, how does this affect the user experience and security of my funds if Kraken is either centralized or decentralized? Is Kraken centralized or decentralized?

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