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How Many People Use Kraken 2022?

Posted on the 17 October 2022 by Jitendra Vaswani @JitendraBlogger

In this article, we'll talk about How Many People Use Kraken 2022?, how much of the cryptocurrency market Kraken has, and how well its platform works compared to those of its competitors.

By 2021, the global market for cryptocurrencies will be worth $3 trillion. This will make many exchanges popular on their own.

Kraken is one of the most trusted platforms for both new and experienced investors. It faced more competition than ever last year, but it is still doing well and growing.

Keep reading the article until the end to learn some interesting things about Kraken.

How Many People Use Kraken 2022?

Many people want to know how many people will use Kraken in the 2022

So, to answer your question, more than 6 million people use Kraken every day to buy and sell cryptocurrencies.

It is available in more than 170 countries around the world and can be downloaded from both the Apple App Store and the Google Play Store.

Based on trading volume, Kraken is thought to be the fourth-biggest exchange in the crypto world.

Based on the most recent data from coinmarketcap, it trades for an average of $718.13 million every day.

What Is Kraken?

How Many People Use Kraken 2022?

Kraken is a digital currency exchange based in the US that opened in 2011.

It started trading cryptos officially two years later and is now one of the official sources of price information for Bloomberg Terminal.

This helped it gain the trust of many investors, which led to its popularity in the long run.

Today, it is one of the biggest platforms for exchanging cryptocurrencies. It competes with big names in the industry like Binance, Coinbase, and Huobi.

Kraken's Funding Rounds

Kraken is in talks to go public this year. Depending on how the public reacts to its IPO, it could be worth $10 billion to $20 billion.

Since it began, the company has gone through 32 funding rounds. The most recent one took place in December 2021 and raised $136.10 million.

Kraken Website Statistics

In April, 8.4 million people went to Kraken's website, which is ranked #6069 in the world and #89 in the finance category.

Even though this number is lower than the number of visits in February and March, which were 9.1 million and 9.5 million, respectively, the rate of user engagement is impressive.

The average user spends more than five minutes on the platform trading and learning.

Kraken is available in more than 170 countries and has a good reputation in strong cryptocurrency markets, both in North America and elsewhere.

Here is a list of the countries where the most people visited the Kraken site in April:

The United States, which is where Kraken is based, had the most people visit its website last month.

Kraken is popular with people of all ages, but mostly with people who were born between 1981 and 1994/1996.

Here are the official age groups of the site's visitors:

73.97% of the people who use Kraken are men, and the other 26.03% are women.

This means that men are more likely than women to want to use Kraken for crypto trading and other things.

Kraken is in competition with crypto giants that have been in the business for longer.

Look at how many people visit the biggest exchanges' websites every month:

  • Coinbase - 47.9 million monthly visits
  • Crypto.com - 12.3 million monthly visits
  • Gemini - 3.9 million monthly visits
  • - 15.0 million monthly visits
  • Coindesk - 9.6 million monthly visits
  • Bitfinex - 3.5 million monthly visits

Even though the competition was getting tougher, Coinbase had 47.9 million monthly visits, which was one of the highest in the industry.

Based on their market shares, these are the most popular crypto exchanges in 2019:

Kraken's market size is smaller than that of OKX, Binance, and Huobi, which are the three largest crypto exchanges.

Together, these three sites took in more than half of the crypto market as a whole.

Here is a list of the top crypto exchanges around the world and how much of the market they will have in 2020:

Kraken has lost a lot of its market share because new cryptocurrency exchanges have opened up during the pandemic year.

In the same way, OKEx lost its top spot to Huobi, which now has 28.93% of the market.

Kraken is home to different types of cryptocurrencies that can be traded either by hand or with the help of a Kraken trading bot.

Here is a list of all the tokens you can trade on Kraken, broken down by the type of cryptocurrency they are:

Kraken's Payment Currencies

Kraken's Infrastructure Currencies

Kraken's Financial Currencies

Kraken users search for these keywords and their popularity is listed below:

"Kraken" is the most popular Kraken search prompt right now.

Quick Links:

Conclusion: How Many People Use Kraken 2022?

Now you know the answer to "How many people will use Kraken 2022?"

Over 6 million people use the platform regularly because of how easy it is to use, how low the trading fees are, and how safe it is.

Because of these things, the platform has become the fourth-largest cryptocurrency exchange in the world based on the amount of money traded every day.

Go look at Kraken for yourself and see if it fits with the way you want to invest.

Keep in mind that investing in cryptocurrency is a high-risk move. Be careful when you trade!

Sources

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