Kraken vs Binance

Detailed comparison of Kraken and Binance - fees, features, security, and more to help you choose the right exchange.

Overview Comparison

Metric	Kraken	Binance
Rating	4.6/5	4.8/5
Trust Score	10/10	10/10
Maker Fee	0.16%	0.1%
Taker Fee	0.26%	0.1%
Supported Coins	200+	350+
Founded	2011	2017
Headquarters	San Francisco, USA	Cayman Islands
Exchange Type	centralized	centralized

Features

Feature	Kraken	Binance
Spot Trading
Futures Trading
Margin Trading
Staking
NFT Marketplace
Debit Card
P2P Trading

Security

Security Feature	Kraken	Binance
Two-Factor Auth
Cold Storage
Insurance Fund
Regulated In	USA, UK, EU +3	France, Italy, Spain +5

Kraken Pros & Cons

Pros

One of the oldest and most trusted exchanges
Excellent security track record
Competitive fees for active traders
Supports margin and futures trading

Cons

Interface less intuitive than competitors
Limited payment options in US
No debit card offering

Binance Pros & Cons

Pros

Lowest trading fees in the industry (0.1%)
Largest selection of cryptocurrencies (350+)
Advanced trading features and tools
High liquidity for all major pairs

Cons

Complex interface may overwhelm beginners
Not available in the US (use Binance.US)
Customer support can be slow during high volume

Our Verdict

Binance edges out Kraken with a higher overall rating (4.8 vs 4.6). It also offers lower trading fees (0.1% vs 0.16%). Plus, it supports more cryptocurrencies (350+ vs 200+).

Try Kraken Try Binance