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.
Visit Site | Learn More | |
Coinmama | Kraken | |
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Buy and Sell Cryptocurrency Instantly - | Buy and Sell Cryptocurrencies - | |
Benefits and Features | ||
Minimum Deposit | ||
Cryptocurrencies Supported | ||
Countries Supported | ||
Fiat Currencies Supported | USD, EUR, CAD, AUD, GBP, CHF, JPY | |
Digital Wallet | ||
Transaction Fee | ||
Copy Trading | ||
Limit Orders | ||
Margin Trading | ||
Spread | ||
Crypto Loans | ||
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Wallet Purchase Fee | 1.5% or 0.9% for stablecoins & FX pairs | |
Credit Transaction Fee | ||
Mobile App | ||
Wire Transfer Fee | Only available for orders over $50,000 | |
Crypto Conversion Fee | ||
SEPA Bank Transfer Fee | ||
Withdrawal Fee | ||
Other Fees | Swift bank transfer: £20 (~$27.5) fee for orders under $1000 | 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 | Level 1 Account: $15,000 / day; Level 2 Account: $50,000 / day; Level 3 Account: $1,000,000 | |
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 | |
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Mobile App | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good international crypto exchange but has high fees and limited currencies... | Good crypto exchange with competitive fees and variety of coins... |
Visit Site | Learn More | |
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.