If crypto exchanges were memes, then Kraken is Good Guy Greg. Its customer support is world-class, as is its public-facing communications. Kraken is the kind of exchange whose representatives lurk (and reply) on Reddit; it puts together aid packages for Ukraine and even tells its users to get their coins off exchanges - such as their own.
As well as this consumer-friendly approach, Kraken also boasts outstanding low trading fees, ranging between 0% and 0.26% - if you are using Kraken Pro. Using the basic version aimed at beginners does come with higher, almost gratuitous, fees, so be careful. They also offer futures, but they don't have the "crypto degenerate" level of leverage compared to Binance.
Combined with a UI aimed explicitly at beginners or those who find crypto overwhelming, Kraken is a superb choice for those just starting their adventures in Web 3.0.
Beyond the simple UI, experienced traders can access a powerful and efficient trading engine, indicators, and charting tools.
NO (KYC Levels : https://support.kraken.com/hc/en-us/articles/360001395743 )