is kraken safe in cryptocurrency exchange that keeps 95% of your digital assets offline, in air-gapped cold storage. The exchange is registered with FinCEN, an organization that prevents financial crime and actively combats money laundering. Kraken also encrypts all of your private information to keep it safe. The exchange also conducts extensive testing against attack mechanisms and is constantly monitored by armed security guards. While Kraken isn't as prominent as Coinbase, it still has plenty of advantages.