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Coinmama vs Kraken

Coinmama is a good international crypto exchange but has high fees and limited currencies. How does it compare to Kraken? Read our comparison chart below.

Coinmama is a comparatively expensive, non-custodial cryptocurrency exchange that focuses on quick and easy purchases. Through their simple desktop site, they support debit and credit cards, as well as Apple and Google Pay.

While Kraken is a mainstream cryptocurrency exchange with over 50 coins to trade and a range of staking options with average rates. They support margin trading, indices, and futures trading. They have low fees, but users may find it challenging to fund their accounts compared to other platforms.

Compare Coinmama with Kraken, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Coinmama
 Visit SiteLearn More
 

Coinmama

Kraken

OFFER
Buy and Sell Cryptocurrency Instantly - Learn More

Read Coinmama Review

SPECIAL OFFER
Buy and Sell Cryptocurrencies - Learn More

Read Kraken Review

 

Benefits and Features

Minimum Deposit
$100 to Buy or Sell
$10
Cryptocurrencies Supported
10+
56
Countries Supported
190
Over 170
Fiat Currencies Supported
USD, EUR, GBP, AUD, CAD, JPY
USD, EUR, CAD, AUD, GBP, CHF, JPY
Digital Wallet
No
No
Transaction Fee
2.93% - 3.90%
0.00% - 0.26%
Copy Trading
No
No
Limit Orders
No
Yes
Margin Trading
No
Yes
Spread
2%
 
Crypto Loans
No
No
Bank Account Purchase Fee
Free
0.5% + $0.10
Debit Card Purchase Fee
5% added express fee
3.75% + €0.25
Wallet Purchase Fee 1.5% or 0.9% for stablecoins & FX pairs
Credit Transaction Fee
5% added express fee
3.75% + €0.25
Mobile App
No
Yes
Wire Transfer FeeOnly available for orders over $50,000
$4 - $35
Crypto Conversion Fee 
1.5% or 0.9% for stablecoins
SEPA Bank Transfer Fee
Free
€0.09 - €35
Withdrawal Fee 
Varies by coin
Other FeesSwift bank transfer: £20 (~$27.5) fee for orders under $10001-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency
Address Allowlisting
No
Yes
Anonymity
No
No
Biometric Login
No
Yes
Cold Storage
No
Yes
Maximum Trading AmountLevel 1 Account: $15,000 / day; Level 2 Account: $50,000 / day; Level 3 Account: $1,000,000 
Two-Factor Authentication
Google Authenticator or Authy
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
 

CreditDonkey® Reviews

 Coinmama
Cryptocurrency TradingStarStarStarHalf StarEmpty StarStarStarStarStarStar
Commissions and FeesStarStarHalf StarEmpty StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarEmpty StarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarEmpty Star
SafetyStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Mobile AppStarStarStarHalf StarEmpty Star
Pros & ConsPros:
  • Very simple interface
  • Non-custodial exchange
  • Many buying options
Cons:
  • High fees
  • Limited range of cryptocurrencies
  • No research tools
Pros:
  • Advance market interface
  • Many trading pairs
Cons:
  • Not beginner friendly
  • Difficult to fund account
Bottom LineGood international crypto exchange but has high fees and limited currencies... Read full reviewGood crypto exchange with competitive fees and variety of coins... Read full review
 Visit SiteLearn More

Buy and Sell Cryptocurrencies

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

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

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

Which is Better: Coinmama or Kraken?

Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Coinmama or iTrustCapital.

In short: Coinmama's ease of use is outstanding. Kraken's cryptocurrency trading, commissions and fees, and research are worth mentioning. In particular, the cryptocurrency trading is impressive.


Articles on Coinmama

Coinmama Review

Coinmama is a well-known cryptocurrency broker with high-quality customer service. Are their relatively high fees worth it? Read on to find out.

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.

Which Do You Think is Best?





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