Coincu
Kraken Wallet
Crypto Wallets

Kraken Wallet

7.5/10
Score
Kraken Wallet
Crypto Wallets

Kraken Wallet Review

7.5/10
Good
Kraken Wallet
Kraken Wallet
By Andrej Gjorgievski · Contributing Author
Verdict

At 7.5, Kraken Wallet scores as the reference case for software-wallet transparency with a category-capped security model. The custody and trust pillars pull it up: fully open code, reproducible builds, a published third-party audit, no KYC, a clean wallet-side record, and a 2011-vintage US company behind it. No closed-source exchange wallet should outrank that profile, and several used to on this site. The security pillar holds it out of the 8s for a structural reason, not a quality one. A phone-resident key with no secure element and no hardware pairing carries risk that no anti-scam tooling removes. Within its category, mobile self-custody on major chains, it is one of the easiest recommendations we can make.

Pros
  • Fully open source with reproducible builds
  • Published Trail of Bits security audit
  • No KYC and no Kraken account required
  • Non-custodial, keys stay on your device
  • US-available with no geo-gate
Cons
  • Hot wallet only, no secure element
  • No hardware wallet pairing
  • No browser extension or desktop app
  • Swaps limited to select routes
  • No in-wallet fiat on-ramp

FAQ

Written by
Andrej Gjorgievski
Contributing Author
Fact-checked by
George Ong
Last updated
Jul 24, 2026