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Kraken is one of the largest and most influential crypto exchanges. It consistently ranks as one of the most trusted and popular exchanges.Binance is one of the largest crypto exchanges.

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Company Description

Kraken is a US-based cryptocurrency exchange and one of the largest bitcoin exchanges in terms of volume and liquidity.
It provides Bitcoin pricing to the Bloomberg Terminal and has considerable influence on the overall crypto market. Kraken offers a number fiat funding and transfer options.
There are 18 BTC pairs and 16 USD pair to trade
Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for some trades.
Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum.

Binance is the largest cryptocurrency exchange by trading volume. The large trading volumes and range of cryptocurrency pairs available for trading, make Binance one of the most influential companies in the blockchain field. The Binance Coin (BNB) gives holders a discount on trading. Binance is capable of processing 1.4 mil orders/second, has multi-language support – Chinese, English, Korean, Japanese and has all the major coins available – BTC, ETH, LTC, BNB etc. Binance's trading fee is 0.1%.

Ratings

Overall

4/5 (1)

4/5 (1)

How easy is it to open a new account?

4/5

5/5

How easy is to make trades on this exchange?

4/5

4/5

How good is the selection of coins?

5/5

5/5

How reasonable are the fees?

3/5

4/5

How secure is this exchange?

4/5

5/5