Check out our latest communities fighting
AI scams on Reddit and Facebook
On SmartCustomer, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.
Kraken Bitcoin Exchange has a rating of 1.1 stars from 76 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with Kraken Bitcoin Exchange most frequently mention and customer service. Kraken Bitcoin Exchange ranks 58th among Centralized Exchange sites.
We monitor reviews for authenticity
A company helped in recovering over 90% of crypto assets that was stolen from me. They are very reliable.
Using kraken has been a rollercoaster of headache. They locked me out of my account with my funds in it for no reason. Their support has been terrible, no response from the as well. This is not good.
Update
I was able to get professional help after reporting the case to local authorities and claimsatcoin - diligence. They stepped in and resolved it withou any hassle
I'm writing this review as a warning to others: avoid Kraken at all costs! My experience with this platform has been a disaster from start to finish. Without warning, my account was frozen for no reason. I had not violated any terms or conditions, and I had not engaged in any suspicious activity. Yet, Kraken saw fit to lock me out of my own account. When I reached out to their customer support, I was met with a wall of silence. They didn't even bother to respond to my emails, let alone provide any explanation for why my account was frozen. I've lost count of how many times I've tried to contact them, only to be ignored or dismissed. It's clear that they don't care about their customers or their experiences...
UPDATE:
By chance, I recently managed to get my money back from them with the help of a professional recovery agency that specializes in helping victims get their money back from fraudulent companies. It's a relief that I've been able to find a way out of this messy situation. If you've also been scammed and need help, contact me by email, and I'll share more details about the steps I took to recover my funds from them. My email is on my profile.
Dealing with Amborio was a straightforward and reliable experience. The onboarding process was quick, and every instruction I received was clear. They ensured that no time was wasted waiting for unnecessary approvals or follow-ups. Communication was excellent, with regular summaries sent at key milestones. I particularly appreciated how they kept technical explanations simple yet complete. The staff were courteous and easy to reach. Everything concluded exactly as scheduled, confirming their commitment to reliability.
Throughout the process,. Demonstrated a strong commitment to transparency. Every interaction felt structured and purposeful. Their staff answered questions with clarity and showed real familiarity with the procedures involved. They respected timelines and always confirmed receipt of submitted documents. It was reassuring to see such discipline in communication and documentation. I found their reporting style easy to follow and free of unnecessary jargon. Working with them gave me confidence that my matter was being handled responsibly.
It's hard to describe the feeling of losing close to $800,000 through a deceptive investment scheme. I didn't believe recovery was even possible. But when I connected with., I was met with a team that combined professionalism with genuine empathy. They explained the entire process clearly and answered every one of my questions. Communication was consistent, and their attention to detail gave me confidence when I had none left. The recovery took time, but in the end, they managed to secure the funds I thought were gone forever. Turned what felt like a hopeless situation into a success story.
I met a Chinese girl on Tinder who seemed genuine and caring. After weeks of chatting, she told me about her uncle's crypto startup and convinced me to invest. At first, I saw profits on the site until I tried to withdraw. Then everything vanished, including her. That's when I realized: it was all a scam but eventually, Mr Richmond restored my funds. Whàtsàqp: +{447 3}_7-8_2-70_609
Please beware, i am not saying Forex banking is bad, maybe my aunt was unlucky, i have done it and i got paid, but my sister was unfortunate, she almost lost €53,000.00 EUR to the Forex banking when the broker stopped responding, we found out the broker was a scammer, but luckily we got her money back through an agency who assisted us, thanks to distmontech. Com, they are reliable.
My account was suspended for no reason despite the fact that I have all documents attached. And it was done AFTER I transfered money to the platform.
In what century are you living when you need to do MANUAL checks?
Nobody is working on the ticket. It is very smart to block the account and then do nothing.
I don't understand why do they expect that people would use the platfrom after this.
"If it were feasible, I would grade this condition because I am currently unable to access my funds because they have refused to release them. It looks like a pyramid or Ponzi scheme. I strongly discourage such behavior. This team helped me recover about €250,000 while I was on the edge of bankruptcy. If you truly want your money back, I would suggest that you reach out to them on whtspp whtspp {+1}~{760}~{3616}
I lost access to my Kraken account; used Forget PW utility a number of times but I never received any email to reset the link.
Eventually, I opened Ticket # ******* with kraken on 3 Jul 2025 and then created another Ticket # ******* on 5 Aug, 2025. Immediately afterwards I received computer generated emails to try signing in again. I did so a number of times and responded to the Kraken email. But I never received any email or instructions in response.
I do not find any way to contact kraken except opening the ticket which has proven failure so far.
The involvement of team Whiteatlasone granted me access to my funds after it was locked by this platform.
There's nothing like the feeling of watching your money — nearly $1 million — slip through your hands because of a lie dressed up as a crypto "bank." I broke down. Then I got up. Somewhere in the noise, I kept hearing about a group — not mainstream, but effective. People call them different things, but if you're listening closely, the name Urfa_io tends to surface — often half-whispered, always with respect. They didn't save me. They gave me a way to save myself. Don't wait until it happens to you. In crypto, trust should never be given freely. And recovery, if you're lucky, wears a very quiet badge.
Hello, I'm starting to lose my patience. It's been 5 months without a response, and my account still shows as restricted. I contact support twice a month, and they keep giving me the same answer: "We have forwarded it to the appropriate department." They haven't given me any reason why the account is blocked. It is blocked for 5 months now. I thought this was a respectable application, but not providing a reason after 5 months is pathetic. They blocked 6 figure amount of money. Ticket number: *******.
If I say I am disappointed that will just be an understatement, I was made to go through hell in the past 6 months I tried everything I could to get my money back, but they will not let me take it out. I got tired of trying myself, so I decided to bring in Cyphertracer.com. A company that was introduced to me by a friend, and they were able to help me get my money back. You can google them to check them out. If you find yourself in a situation, you couldn't withdraw your funds or wallet issues.
I got banned from r/Kraken and r/CryptoScams just for asking why my deposit is missing.
Trustpilot is also deleting negative reviews!
Has anyone else experienced this issue?
I have reported Kraken to the FCA UK and will escalate further.
It is very strange that after my deposit i was blocked from accessing my account and they kept requesting for my private info claiming they need to analyze my account, they decided to gatekeep and restricted me from accessing my funds,I got no service and they rendered no help to me either.
In this situation where everything is in the red, I wanted to sell my coins. My account was blocked without notice. No email, nothing! Contacting customer service is a complete disaster. No answer for weeks. I had already lost 35% of my portfolio until I met a team of private investigators who carefully handled the case and recovered all my money for me. I decided to share more about my successful withdrawal process to help anyone who is having problems with this company. My email address is in my profile
Scam company. I invested $1million into the company, but no withdrawals occurred. I found those who could help me [Coinresecure mal.¢OM] Thank you from the bottom of my heart
I was persuaded to put in money here and convinced that it was going to yield profits. Months later, they wouldn't even reply my mails. My profile image is a website that got my money out.
Answer: Scam scam scam scam scam scam scam fake scam fake scam fraud
Gain trust and grow your business with customer reviews.
Claim your free account
Gain trust and grow your business with customer reviews.
Claim your free account