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Kraken vs Binance


 

Kraken

Binance

SPECIAL OFFER
Buy and Sell Cryptocurrencies - Learn More

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Buy and Sell Cryptocurrency - Learn More

 

Benefits and Features

Cryptocurrency Trading 
Check
Minimum Deposit
$10
$0 ($10 Trade Minimum)
Cryptocurrencies Supported
56
600+
Countries Supported
Over 170
Over 180
Fiat Currencies SupportedUSD, EUR, CAD, AUD, GBP, CHF, JPYAED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR
Digital Wallet
No
Yes
Transaction Fee
0.00% - 0.26%
0.10% - 0.02%
Copy Trading
No
No
Limit Orders
Yes
Yes
Margin Trading
Yes
Yes
Spread 0.01% - 0.92% depending on cryptocurrency
Crypto Loans
No
Yes
Bank Account Purchase Fee
0.5% + $0.10
 
Debit Card Purchase Fee
3.75% + €0.25
3.5% or $10, whichever is higher
Wallet Purchase Fee1.5% or 0.9% for stablecoins & FX pairs 
Credit Transaction Fee
3.75% + €0.25
3.5% or $10, whichever is higher
Mobile App
Yes
Yes
ACH Transfer Fee 
No
Wire Transfer Fee
$4 - $35
Free via SWIFT from USD to BUSD
Crypto Conversion Fee
1.5% or 0.9% for stablecoins
No
SEPA Bank Transfer Fee
€0.09 - €35
€1.00
Withdrawal Fee
Varies by coin
 
Other Fees1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency25% fee discount for holding BNB; tiered discounts based on 30 day trade volume
Address Allowlisting
Yes
Yes
Anonymity
No
No
Biometric Login
Yes
Yes
Cold Storage
Yes
Yes
Maximum Trading Amount Maximum order amount varies by currency
Two-Factor AuthenticationGoogle Authenticator or Yubikey
Google Authenticator
Withdrawal LimitDepends on verification level. Cryptocurrencies - Beginner: $5,000 / day; Intermediate: $500,000 / day; Pro: $10,000,000 / day; Fiat Currencies - Express: $9,000 / day; Intermediate: $100,000 / day; Pro: $10,000,000 / day2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day

Buy and Sell Cryptocurrencies

Buy and Sell Cryptocurrency

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Kraken: Pricing information from published website as of 04/13/2021.

Binance: Pricing information from published website as of 04/13/2021.


Which Do You Think is Best?


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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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