Kraken vs Gemini

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

Overview Comparison

Metric Kraken Gemini
Rating 4.6/5 4.3/5
Trust Score 10/10 9/10
Maker Fee 0.16% 0.2%
Taker Fee 0.26% 0.4%
Supported Coins 200+ 100+
Founded 2011 2014
Headquarters San Francisco, USA New York, USA
Exchange Type centralized centralized

Features

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

Security

Security Feature Kraken Gemini
Two-Factor Auth
Cold Storage
Insurance Fund
Regulated In USA, UK, EU +3 USA, UK, EU +3
K

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
G

Gemini Pros & Cons

Pros

  • Strong US regulation (NY Trust Company)
  • Winklevoss twins backed
  • Insurance on hot wallet
  • Clean, simple interface

Cons

  • Higher fees than competitors
  • Limited coin selection
  • No futures or margin trading

Our Verdict

Kraken edges out Gemini with a higher overall rating (4.6 vs 4.3). It also offers lower trading fees (0.16% vs 0.2%). Plus, it supports more cryptocurrencies (200+ vs 100+).

Quick Summary

Lower Fees Kraken
More Coins Kraken
Higher Rating Kraken
Trust Score Kraken