Kraken vs Binance US

Kraken is a good crypto exchange with competitive fees and variety of coins. How does it compare to Binance US? 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 Binance US is the US branch of Binance, one of the largest crypto exchanges in the world. They offer a wide range of currencies to buy, sell and trade with some of the lowest fees in the industry. They also have resources for institutions and staking rewards on a small number of coins.

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

	Kraken	Binance US


	SPECIAL OFFER Buy and Sell Cryptocurrencies - Learn More Read Kraken Review	OFFER Buy and Sell Cryptocurrency - Learn More Read Binance US Review
	Benefits and Features
Minimum Deposit	$10	$0 ($10 Trade Minimum)
Cryptocurrencies Supported	56	130+
Countries Supported	Over 170	46 US states (not available in HI, NY, TX, VT)
Fiat Currencies Supported	USD, EUR, CAD, AUD, GBP, CHF, JPY	USD
Digital Wallet	No	Yes
Transaction Fee	0.00% - 0.26%	0.10% spot trading fee or 0.50% instant buy/sell fee
Copy Trading	No	No
Limit Orders	Yes	Yes
Margin Trading	Yes	Yes
Spread		0.01% - 0.95% depending on cryptocurrency
Crypto Loans	No	No
Bank Account Purchase Fee	0.5% + $0.10	Free
Debit Card Purchase Fee	3.75% + €0.25	3.75%
Wallet Purchase Fee	1.5% or 0.9% for stablecoins & FX pairs
Credit Transaction Fee	3.75% + €0.25
Mobile App	Yes	Yes
ACH Transfer Fee		Free
Wire Transfer Fee	$4 - $35	Deposit: $0 Domestic Withdrawal: $10-$15 International Withdrawal: $35
Crypto Conversion Fee	1.5% or 0.9% for stablecoins	Free for USDC to BUSD
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	25% discount when you use BNB to pay for trading fees; tiered discounts based on 30 day trade volume;0% fees on selected BTC spot trading pairs
Address Allowlisting	Yes	Yes
Anonymity	No	No
Biometric Login	Yes	Yes
Cold Storage	Yes	Yes
Maximum Trading Amount		Maximum order amount varies by currency
Two-Factor Authentication	Google Authenticator or Yubikey	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	Wire Transfer: $7,500,000 / day
	CreditDonkey® Reviews

Cryptocurrency Trading
Mobile App
Commissions and Fees
Ease of Use
Research
Safety
Minimum Deposit
Pros & Cons	Pros: Advance market interface Many trading pairs Cons: Not beginner friendly Difficult to fund account	Pros: Extremely low fees Over 120 coins High liquidity Cons: Not beginner-friendly Not available in all 50 states
Bottom Line	Good crypto exchange with competitive fees and variety of coins... Read full review	Low-fee exchange popular with frequent crypto traders in the US... Read full review

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

Which is Better: Kraken or Binance US?

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

In short: Binance US's commissions and fees, ease of use, and safety are worth mentioning. In particular, the commissions and fees and safety are outstanding.