Binance vs Kraken
Binance | Kraken | |
|---|---|---|
Buy and Sell Cryptocurrency - | Buy and Sell Cryptocurrencies - | |
Benefits and Features | ||
| Cryptocurrency Trading |  | |
| Minimum Deposit | ||
| Cryptocurrencies Supported | ||
| Countries Supported | ||
| Fiat Currencies Supported | AED, 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 | USD, EUR, CAD, AUD, GBP, CHF, JPY |
| Digital Wallet | ||
| Transaction Fee | ||
| Copy Trading | ||
| Limit Orders | ||
| Margin Trading | ||
| Spread | 0.01% - 0.92% depending on cryptocurrency | |
| Crypto Loans | ||
| Bank Account Purchase Fee | ||
| Debit Card Purchase Fee | 3.5% or $10, whichever is higher | |
| Wallet Purchase Fee | 1.5% or 0.9% for stablecoins & FX pairs | |
| Credit Transaction Fee | 3.5% or $10, whichever is higher | |
| Mobile App | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee | Free via SWIFT from USD to BUSD | |
| Crypto Conversion Fee | ||
| SEPA Bank Transfer Fee | ||
| Withdrawal Fee | ||
| Other Fees | 25% fee discount for holding BNB; tiered discounts based on 30 day trade volume | 1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency |
| Address Allowlisting | ||
| Anonymity | ||
| Biometric Login | ||
| Cold Storage | ||
| Maximum Trading Amount | Maximum order amount varies by currency | |
| Two-Factor Authentication | Google Authenticator or Yubikey | |
| Withdrawal Limit | 2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day | 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 |
CreditDonkey® Reviews | ||
| Cryptocurrency Trading |  | |
| Mobile App |   | |
| Commissions and Fees | | |
| Ease of Use | | |
| Research | | |
| Safety | | |
| Pros & Cons | Pros:
| |
| Bottom Line | Good crypto exchange with competitive fees and variety of coins... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Binance: Pricing information from published website as of 04/13/2021. Kraken: Pricing information from published website as of 04/13/2021. | ||
Articles on Binance
Crypto.com vs Binance
Binance is one of the largest cryptocurrency exchanges in the world, and Crypto.com is on a path to offer all things crypto. Which is right for you?
Articles on Kraken
Kraken Review
Kraken is a cryptocurrency exchange with a reputation for low fees and high security. How do they compare to their competitors? Read on to find out.
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