Reliability Score · methodology v1.0 · updated 2026-10-04
Kraken: 88/100
Score over time
Held at 88 since 2026-06-23 — 324 daily readings, no change.
Score breakdown
Withdrawal reliability weight 25%
100
Why 100
No recorded withdrawal halts or freezes within the 24-month decay window.
Proof of reserves weight 20%
80
Why 80 · 2 sources
Quarterly auditor-assisted Merkle-tree PoR with per-client self-verification, covering spot, margin, futures and staked assets (Mar/Jun/Sep/Dec 2025 releases; ~$21.5B client assets verified in Mar 2025).
Regulatory standing weight 20%
80
Why 80 · 2 sources
MiCAR CASP licence (Central Bank of Ireland, announced 2025-06-25) plus MiFID and EMI licences. Resolved actions: SEC suit dismissed with prejudice (Mar 2025, no penalty); SEC staking settlement $30M (2023); ASIC AUD 8M penalty over a margin product (Dec 2024).
Security history weight 15%
100
Support quality weight 10%
68
Why 68 · 1 source
Trustpilot 3.4/5 (~7,000 reviews, 2026-06-10) as a complaint-pattern proxy — above the mid-field of the global venues in this comparison.
Operational maturity weight 10%
88
Why 88 · 1 source
Founded 2011 — the oldest venue in this comparison; second-tier global volume with strong EUR pairs; no platform-wide withdrawal halt documented in 36 months (asset-level pauses only, public status history); ~3h front-end outage during the Nov 2025 Cloudflare incident.
Incident timeline · facts with dates
2024-12-12
Regulatory · sev 2
What happened · sourced
Australia: Federal Court ordered operator Bit Trade to pay AUD 8M over a margin product offered without a target market determination (2024-12-12).
source2024-06-09
Security · sev 2
What happened · sourced
2024-06-09: a zero-day balance-inflation bug was exploited by security researchers (~$3M withdrawn) before disclosure; patched in 47 minutes, funds returned 2024-06-20, no client funds at risk per Kraken.
source
Delistings · facts with dates
2026-09-11
Trading and deposits halted
21 assets affected
XTER, IR, GAIA, SCA, VANRY, BNC, SBR, RBC, MIR, JUNO, HDX, ACA, MULTI, RIZE, EPT, MAT, CQT, CXT, BKS, VULT, M
Withdrawals open until 2026-12-10.
source
Sources & method: Method → · All exchanges: /exchanges
More on Kraken: hidden spread · withdrawal fees · move check: BTC→Bitcoin · ETH→Ethereum · ETH→Arbitrum One
Head to head: vs Binance · vs Bybit · vs Coinbase · vs Bitget · vs Bitpanda
Not investment advice. Skontro is not a CASP under MiCAR. Reliability Scores are information, not recommendations: every negative datapoint is dated and sourced, the methodology is public, and no exchange can pay to change a score.