Uphold vs Kraken
Uphold is an unique platform that lets you trade directly across a wide variety of assets. How does it compare to Kraken? Read our comparison chart below.
Uphold is a global trading platform that lets you trade multiple assets. You can trade directly between crypto, precious metals, and national currencies. Besides a spread for every trade, Uphold charges no commissions, no bank deposit fee, and no withdrawal fee.
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 Uphold with Kraken, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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 |  | |
Uphold | Kraken | |
|---|---|---|
Trade from "Anything to Anything" in Just 10 Seconds - | Buy and Sell Cryptocurrencies - | |
Benefits and Features | ||
| Options Trading | ||
| Cryptocurrency Trading | ||
| Minimum Deposit | ||
| Cryptocurrencies Supported | ||
| Countries Supported | ||
| Fiat Currencies Supported | USD, EUR, GBP, AED, ARS, AUD, BRL, CAD, CHF, CNY CZK, DKK, HKD, HRK, HUF, ILS, INR, JPY, KES, MXN, NOK, NZD, PHP, PLN, RON, SEK, SGD | USD, EUR, CAD, AUD, GBP, CHF, JPY |
| Digital Wallet | ||
| Transaction Fee | $0 (Transactions above $100); $0.99 (Transactions below $100) | |
| Copy Trading | ||
| Limit Orders | ||
| Margin Trading | ||
| Spread | 0.9% - 1.2% for cryptocurrencies; 0.2% for fiat currencies; 3% for precious metals | |
| Crypto Loans | Yes, through partner SALT Lending | |
| 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 | ||
| ACH Transfer Fee | ||
| Wire Transfer Fee | ||
| Crypto Conversion Fee | ||
| SEPA Bank Transfer Fee | ||
| Withdrawal Fee | $0; Fee varies for withdrawing funds to external crypto wallets | |
| Other Fees | Network fees when you withdraw to external crypto wallets (varies) | 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 | $25,000 per trade with a daily limit of $100,000 USD | |
| Two-Factor Authentication | Google Authenticator or Yubikey | |
| Withdrawal Limit | $10,000 / day for US ACH transfers; €50,000 / day for Euro SEPA bank transfers; £25,000 / day for British FPS transfers | 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 | ||
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| Cryptocurrency Trading |   | |
| Minimum Deposit | | |
| Customer Service | | |
| Commissions and Fees |  | |
| Ease of Use | | |
| Mobile App | | |
| Research | | |
| Safety | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Unique platform that lets you trade directly across a wide variety of assets... | Good crypto exchange with competitive fees and variety of coins... |
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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. Uphold: Uphold Disclaimer: Assets available on Uphold are different per region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection | ||
Trade from "Anything to Anything" in Just 10 Seconds
Trade between cryptocurrencies, precious metals, and national currencies.
Buy Cryptocurrency
Choose from 70 digital currencies, including majors, alt-coins, emerging tokens, and stablecoins
Which is Better: Uphold or Kraken?
Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Uphold or eToro.
In short: Uphold's ease of use is notable. Kraken's cryptocurrency trading is impressive.
Articles on Uphold
Uphold
Is Uphold Safe and Legit
Articles on Kraken
Kraken Review
Which Do You Think is Best?
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