Michael Adams is a longtime investing and cryptocurrency expert who has researched, written about and practiced the two for nearly two decades. He has contributed to various publications, including Kiplinger, U.S News & World Report and The Motley Fool.

Pros Kraken’s exchange platform has an array of cryptos to trade, as well bitcoin with a comprehensive order book, streamlined execution, and a powerful dashboard. It also provides margin trading and crypto derivatives. Cons: Customer support is inconsistent and ineffective in solving issues. The site also has a lot of security concerns. Withdrawals made from the exchange with a debit card will be subject to a holding.