common-close-0
BYDFi
Trade wherever you are!

What steps can I take if Kraken is down and I need to trade cryptocurrencies?

avatarNavin AnandDec 25, 2021 · 3 years ago1 answers

What should I do if the Kraken cryptocurrency exchange is experiencing downtime and I still want to trade cryptocurrencies?

What steps can I take if Kraken is down and I need to trade cryptocurrencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    If Kraken is down and you need to trade cryptocurrencies, you can consider using other cryptocurrency exchanges or platforms. One popular alternative is Binance, which offers a wide range of cryptocurrencies and has a user-friendly interface. Another option is Coinbase, a reputable exchange known for its security measures. Additionally, you can also explore decentralized exchanges (DEX) like Uniswap or SushiSwap, which operate on blockchain technology and allow for peer-to-peer trading. It's important to do your own research and consider factors such as fees, liquidity, and security when choosing an alternative platform to trade cryptocurrencies if Kraken is unavailable.