標題：Kraken Exchange 評論：深入探討功能、優點和缺點

過去兩年，加密貨幣交易所的引進急劇增加。當然，這是區塊鏈領域日益普及的結果

output: San Francisco-based Kraken is one of the most popular cryptocurrency exchanges used by many globally. The company was founded in 2011 and launched officially in 2013. The founder Jesse Powell, currently serves as the CEO of the company and is a highly influential name in the cryptocurrency space. He has been prominent on social media platforms, and for increasing awareness about the blockchain industry.

輸出：總部位於舊金山的 Kraken 是全球許多人使用的最受歡迎的加密貨幣交易所之一。該公司成立於2011年，並於2013年正式啟動。他在社群媒體平台上表現出色，並提高了人們對區塊鏈產業的認識。

Powell initially was a part of the now-collapsed exchange Mt. Gox and had speculated the exchange to crash while working on a security issue. Kraken was the brainchild which was born in order to replace the former exchange if the organization indeed went bust. As expected, Mt. Gox died out in 2014, a year after Kraken was launched by Powell and his team.

鮑威爾最初是現已倒閉的 Mt. Gox 交易所的一部分，並推測該交易所在解決安全問題時會崩潰。 Kraken 是一個創意，它的誕生是為了在組織確實破產時取代以前的交易所。正如預期的那樣，Mt. Gox 於 2014 年消亡，即鮑威爾和他的團隊推出 Kraken 一年後。

Initially, the exchange only focused on providing trading or investing options for Bitcoin, Litecoin and some other limited digital assets. However, the platform has since grown into a full-blown centre of participation in the blockchain industry. It currently employs more than 3200 professionals and caters to a massive audience upward of 4 million. The company is backed by investors from the financial space itself and has managed to be affiliated with some of the biggest names in the blockchain industry.

最初，該交易所僅專注於為比特幣、萊特幣和其他一些有限的數位資產提供交易或投資選擇。然而，該平台現已發展成為區塊鏈產業的成熟參與中心。目前，該公司擁有超過 3,200 名專業人士，服務超過 400 萬觀眾。該公司得到了金融領域投資者的支持，並成功與區塊鏈行業的一些知名企業建立了聯繫。

Currently, Kraken is owned by its parent company Payward Inc. and is available in various locations across the globe. The Kraken exchange platform can be considered to be split into two parts. One is the basic Kraken exchange, which features investment options and a basic interface, Another is Kraken Pro, which is suitable for more advanced traders, and provides a plethora of features for users.

目前，Kraken 歸其母公司 Payward Inc. 所有，並在全球多個地點提供服務。 Kraken交換平台可以認為分為兩個部分。一個是基本的 Kraken 交易所，它具有投資選項和基本介面，另一個是 Kraken Pro，它適合更高級的交易者，並為用戶提供了大量的功能。

Kraken describes itself as nothing but a cryptocurrency exchange. It states that the platform merely facilitates the trade of digital assets i.e cryptocurrencies between two parties. It does not feature a personal wallet service, which is something that many exchanges have started doing recently.

Kraken 將自己描述為一個加密貨幣交易所。它指出該平台僅促進雙方之間的數位資產（即加密貨幣）交易。它不提供個人錢包服務，而這是許多交易所最近開始做的事情。

Many people in the space mistake some services or features provided by Kraken to be a part of their “bank”. This should make sense since the exchange had gained the appreciation of many for getting their application for a bank charter approved by the state of Wyoming. The company confirms that the website doesn’t host any banking services for businesses or individuals. In case this was to happen in the upcoming years, then the bank would function as an entirely different entity.

該領域的許多人將 Kraken 提供的某些服務或功能誤認為是他們「銀行」的一部分。這應該是有道理的，因為該交易所因獲得懷俄明州批准的銀行執照申請而贏得了許多人的讚賞。該公司確認該網站不為企業或個人提供任何銀行服務。如果這種情況在未來幾年發生，那麼該銀行將作為一個完全不同的實體發揮作用。

Kraken does, however, feature an OTC desk which can be utilized by major investors or institutions. This component of the organization works differently from the official Kraken exchange website and comes with all risks involved. Naturally, this is not a point of concern for retail investors for the most part.

然而，Kraken 確實設有可供主要投資者或機構使用的場外交易櫃檯。該組織的這個組成部分的工作方式與 Kraken 交易所官方網站不同，並且存在所有相關風險。當然，這對大多數散戶來說並不是關心的問題。

A simple method to analyse the quality of not only an exchange, but any major organization in the blockchain space is to take a look at their investors. Huge and reputed organizations only park their funds in companies that are considered extremely promising. This is surely something that Kraken has managed to achieve, which is directly evidenced by the kind of investors it boasts of.

分析交易所以及區塊鏈領域任何主要組織的品質的簡單方法是查看其投資者。大型且知名的組織只會將資金投資於被認為極具前景的公司。這無疑是 Kraken 成功實現的目標，而它所擁有的投資者類型直接證明了這一點。

The major stakeholders of Kraken Exchange constitute some of the most popular VC Funds, Individuals as well as blockchain companies in the space currently. While many of these investors would be names that one may be wary of, some of them might catch investors’ attention. A few investors, however, can be identified by investors due to their reputation and popularity in the finance sector. These investors include individuals like Roger Ver, Jimmy Furland, Kevin Bombino, Trace Mayer, Meni Rosenfeld etc. and companies like Blockchain Capital, Hummingbird Ventures, Digital Currency Group, Digital Horizon, RIT Capital Partners, Andra Capital, Skyvision Capital, 2bgc etc.

Kraken Exchange 的主要利害關係人包括目前該領域一些最受歡迎的創投基金、個人以及區塊鏈公司。雖然這些投資者中的許多人可能會引起人們的警惕，但其中一些可能會引起投資者的注意。然而，少數投資者因其在金融領域的聲譽和知名度而可以被投資者識別。這些投資者包括Roger Ver、Jimmy Furland、Kevin Bombino、Trace Mayer、Meni Rosenfeld 等個人以及Blockchain Capital、Hummingbird Ventures、Digital Money Group、Digital Horizo​​n、RIT Capital Partners、Andra Capital、Skyvision Capital、2bgc 等公司。

Listed below are some services by Kraken that have been curated keeping in mind, the ease of use and comfort for investors. Many of the mentioned components may also be a part of several major exchanges. However, Kraken manages to marry the common components with some unique and innovative upgrades. Some of these services that can be thoroughly utilized by investors include-

以下列出了 Kraken 的一些服務，這些服務的設計考慮了投資者的易用性和舒適性。許多提到的組件也可能是幾個主要交易所的一部分。然而，Kraken 成功地將常見組件與一些獨特和創新的升級結合起來。投資者可以充分利用的一些服務包括：

This feature is available on only a few major exchanges. Margin Trading is a high-risk trading method, and can end up with the user losing all their funds. However, for those who have experience in trading and have the knowledge to speculate the next move of the markets with accuracy, margin trading can prove to be highly profitable. Kraken introduced margin trading to its exchange website in 2018.

僅少數主要交易所提供此功能。保證金交易是一種高風險的交易方式，最終可能導致用戶損失所有資金。然而，對於那些有交易經驗並具備準確推測市場下一步走勢的知識的人來說，保證金交易可以帶來高額利潤。 Kraken 於 2018 年在其交易所網站引入了保證金交易。

The use of margin trading allows users to leverage their positions using funds they don’t actually possess. A user can open a position that is leveraged compared to their current balance. Kraken advances the user’s account funds beyond what’s in it. On Kraken, users can margin trade by choosing various order types based on where they think the market will go. Long and short positions can be opened and closed using opposite orders or the settling command. Margin trading is, however, limited to individuals who meet certain criteria.

保證金交易的使用允許用戶使用他們實際上並不擁有的資金來槓桿化他們的頭寸。使用者可以開設與其當前餘額相比具有槓桿作用的頭寸。 Kraken 預支用戶帳戶資金超出其實際金額。在Kraken上，用戶可以根據他們認為的市場趨勢選擇各種訂單類型來進行保證金交易。多頭和空頭部位可以使用相反的訂單或結算命令來開啟和關閉。然而，保證金交易僅限於符合特定標準的個人。

On Kraken, margin allowances are a total per currency, not a total per position. A user can create a 1,000,000

在 Kraken 上，保證金限額是每種貨幣的總額，而不是每個部位的總額。一個用戶可以創建 1,000,000 個