Kraken vs Alto
Kraken is a good crypto exchange with competitive fees and variety of coins. How does it compare to Alto? Read our comparison chart below.
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.
While Alto is an IRA custodian that lets you invest in a variety of unique alternative assets, such as crypto, real estate, land, venture capital, and more. Alto CryptoIRA offers over 200+ coins and has no account fees.
Compare Kraken with Alto, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Kraken | Alto | |
---|---|---|
Buy and Sell Cryptocurrencies - | Alto CryptoIRA® - | |
Benefits and Features | ||
Minimum Deposit | ||
Cryptocurrencies Supported | ||
Countries Supported | U.S. (with exception of Hawaii) | |
Fiat Currencies Supported | USD, EUR, CAD, AUD, GBP, CHF, JPY | |
Digital Wallet | ||
Transaction Fee | ||
Copy Trading | ||
Limit Orders | ||
Margin Trading | ||
Crypto Loans | ||
Setup Fee | ||
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 | ||
Crypto Conversion Fee | ||
SEPA Bank Transfer Fee | ||
Withdrawal Fee | ||
Other Fees | 1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency | |
Address Allowlisting | ||
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
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 | None. 10% penalty under 59 1/2 years old |
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good crypto exchange with competitive fees and variety of coins... | Low cost IRA provider for investing in alternative assets and cryptos... |
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. Alto: Pricing information from published website as of 02/08/2022. |
Which is Better: Kraken or Alto?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Kraken or iTrustCapital.
In short: Kraken's research and safety are worth mentioning. Alto's ease of use is excellent.