Grade D — Sign with caution (score 58/100)
Kraken's terms force users into binding arbitration, grant the company a perpetual license to user content, and allow for unilateral changes to the agreement without notice.
Forced arbitration, perpetual content license, and unilateral term changes.
You and Kraken agree to arbitrate any dispute arising from these Terms or your use of the services... you and Kraken won't commence against the other a class action.
You are prohibited from suing in court or joining a class action, and must resolve all disputes through private arbitration.
You grant us a perpetual, irrevocable, royalty-free, worldwide, fully sublicensable, non-exclusive right and license to use and exploit your Content in any manner and for any purpose.
You give Kraken a permanent, global license to use anything you post, which survives even if you delete your account.
These Terms may change at any time and without notice... Continued use of our services and platforms is your consent to the Terms of Service and any changes to them.
Kraken can update the terms whenever they want without telling you, and your continued use counts as agreement.
NEITHER WE... WILL BE LIABLE... FOR (1) ANY INDIRECT... DAMAGES... AND (2) TO THE EXTENT NOT ALREADY EXCLUDED, ANY AMOUNTS EXCEEDING $100 UNITED STATES DOLLARS.
Kraken limits its total liability to you to $100, regardless of the actual damages you suffer.
We can, at any time and without liability or prior notice to you: ... suspend, restrict, or delete your account, any information related to your account, or any content you post.
Kraken can terminate your account and delete your data at any time for any reason without warning.
You may terminate your account at any time by transferring your Digital Assets and redeeming your Fiat Balances to a Financial Account and ceasing to use our services.
You have a clear, self-serve path to close your account and withdraw your funds.
Last reviewed 2026-07-25 under rubric v3.5.