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What are the key features that make a cryptocurrency exchange a Kraken killer?

Thurston RasmussenMay 07, 2022 · 3 years ago3 answers

What are the main features that a cryptocurrency exchange should have in order to compete with Kraken and potentially surpass it?

3 answers

  • May 07, 2022 · 3 years ago
    To become a Kraken killer, a cryptocurrency exchange needs to offer a seamless user experience, low fees, a wide range of supported cryptocurrencies, strong security measures, and excellent customer support. By focusing on these key features, an exchange can attract users who are looking for an alternative to Kraken.
  • May 07, 2022 · 3 years ago
    In order to compete with Kraken, a cryptocurrency exchange must have a user-friendly interface, fast and reliable trading execution, competitive fees, and a robust trading engine. Additionally, offering advanced trading features such as margin trading and futures contracts can also help attract experienced traders.
  • May 07, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has emerged as a potential Kraken killer due to its innovative features and commitment to user satisfaction. With its intuitive interface, lightning-fast trading execution, and extensive range of supported cryptocurrencies, BYDFi has quickly gained popularity among crypto enthusiasts. Moreover, BYDFi's low fees and top-notch security measures make it a strong competitor to Kraken.