Kraken

Buy and Sell Cryptocurrencies

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Invest in Cryptocurrencies Tax Free with IRA

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Highlights

Minimum Deposit
$10

Cryptocurrencies Supported
56

Countries Supported
Over 170

Fiat Currencies Supported
USD, EUR, CAD, AUD, GBP, CHF, JPY

Digital Wallet
No

Transaction Fee
0.00% - 0.26%

Copy Trading
No

Limit Orders
Yes

Margin Trading
Yes

Crypto Loans
No

Bank Account Purchase Fee
0.5% + $0.10

Debit Card Purchase Fee
3.75% + €0.25

Wallet Purchase Fee
1.5% or 0.9% for stablecoins & FX pairs

Credit Transaction Fee
3.75% + €0.25

Mobile App
Yes

Compare: Kraken vs Robinhood

Wire Transfer Fee
$4 - $35

Crypto Conversion Fee
1.5% or 0.9% for stablecoins

SEPA Bank Transfer Fee
€0.09 - €35

Withdrawal Fee
Varies by coin

Other Fees
1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency

Address Allowlisting
Yes

Anonymity
No

Biometric Login
Yes

Cold Storage
Yes

Two-Factor Authentication
Google Authenticator or Yubikey

Withdrawal Limit
Depends 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 / day

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

	Kraken	Coinbase
	Benefits and Features
Stock Trading		No
Options Trading		No
Cryptocurrency Trading
Minimum Deposit	$10	$2
Cryptocurrencies Supported	56	200+
Countries Supported	Over 170	Over 100
Fiat Currencies Supported	USD, EUR, CAD, AUD, GBP, CHF, JPY	USD, GBP, EUR
Digital Wallet	No	Yes
Transaction Fee	0.00% - 0.26%	Greater of Minimum Flat Fees or Variable Fees (1.49%+) by Location and Payment Method. Minimum Flat Fees: < $10: $0.99 $10.01 - $25: $1.49 $25.01 - $50: $1.99 $50.01 - $200: $2.99
Copy Trading	No	No
Limit Orders	Yes	No
Margin Trading	Yes	No
Spread		0.50%
Crypto Loans	No	Invitation only
Bank Account Purchase Fee	0.5% + $0.10	1.49%
Debit Card Purchase Fee	3.75% + €0.25	3.99%
Wallet Purchase Fee	1.5% or 0.9% for stablecoins & FX pairs	1.49%
Credit Transaction Fee	3.75% + €0.25	2%
Mobile App	Yes	Yes
ACH Transfer Fee		No
Wire Transfer Fee	$4 - $35	$10 ($25 outgoing)
Crypto Conversion Fee	1.5% or 0.9% for stablecoins	up to 2%
SEPA Bank Transfer Fee	€0.09 - €35	Free (€0.15 out)
Withdrawal Fee	Varies by coin
Other Fees	1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency	Instant Card Withdrawal: up to 1.5% + minimum fee of $0.55
Address Allowlisting	Yes	Yes
Anonymity	No	No
Biometric Login	Yes	Yes
Cold Storage	Yes	Yes
Maximum Trading Amount		Unlimited
Two-Factor Authentication	Google Authenticator or Yubikey	SMS or Google Authenticator
Withdrawal Limit	Depends 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 / day	$50,000 / day
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. Coinbase: Pricing information from published website as of 04/13/2021.

Kraken Alternatives

Have an IRA or old 401k with over $5,000? New qualified customers will receive a free Ledger Nano S (a $60 value) along with their purchase of cryptocurrency in their IRA account.