Does Kraken wallet support cryptocurrencies?

Hello, I'm interested in exploring the cryptocurrency space and have heard of Kraken wallet as a potential option. Could you please clarify if Kraken wallet indeed supports cryptocurrencies? I'm particularly curious about its compatibility with major coins like Bitcoin, Ethereum, and Litecoin. Additionally, I'd like to know if there are any limitations or fees associated with using Kraken wallet for crypto transactions. Your insights would be greatly appreciated as I make my decision on which wallet to choose. Thank you for your time.