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Comment by lawn | Hacker News Reader

Kraken is such a superior exchange I always wonder why people use Coinbase.

Another vote for Kraken.

I discovered https://cryptowat.ch and thought it was the most polished and feature rich trading UI I had seen for crypto. I later learned this is a Kraken project that works with any exchanges and that they use mostly the same UI for their trade UI. After poking around the UI I was convinced they cared about UI/UX and their fees seemed better and I made the jump. Haven't looked back to Coinbase since.

Cryptowatch is the only decent part of kraken and that's because they acquired it from an independent developer. The rest of their website is horrid.

It's almost funny how un-advanced trading platforms are. Nobody cares because those who manage to get rich on it can live with the limitations, those who get burn simply leave.

Didn't know this, makes sense. Least the UI still seems pretty nice almost 4 years later and not ruined by other non "decent" parts.

For those curious: https://www.coindesk.com/kraken-acquires-digital-currency-da...

Also I think it's admirable that the cryptwat.ch web page is mostly free and ready to use (+ features for some fees) and no where above the fold are they promoting Kraken to funnel users in.

Looks like they just want to make a solid trade UI. In my case I had to know who was behind the tools (I always look for conflict of interest in finance) and fell in love and made the leap.

They even post an actual _comprehensive_ changelog. How often does this happen? Usually it's some product marketing framed blog post.

https://docs.cryptowat.ch/home/updates/changelog

Are you kidding me? Kraken is down/laggy even more than coinbase (still think its the best choice for converting fiat to and from btc in europe, but come on :))

Kraken is also intermittently down https://status.kraken.com/

Crypto is already a "scary"* area for a lot of people so going with the largest brand name exchange possible makes them feel less scared.

*scared to put money in something they don't understand

You can't be serious. Their product still looks like Bootstrap after 6 years. It's complicated and ugly.

Kraken does not support users in New York as well as some other states.

I think it should be considered the other way around: that New York doesn't support cryptocurrencies, not the other way around.

I'm sure Kraken would like the trading fees from New York residents, just not the hoops that New York has put in place for Kraken to jump through.

Use poloniex!

You can not if you are an American. It's a shame.

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