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Binance vs Kraken

Compare rates, fees, access, and key features side by side.

Binance

Binance

Binance is the largest cryptocurrency exchange globally, offering a robust platform with competitive maker and taker fees that vary based on the user&...

Score4.0
Visit SiteReview
VS
Kraken

Kraken

Kraken is a custodial crypto exchange offering flexible staking, bonded staking, and Auto Earn for eligible assets and regions. Flexible products keep...

Score4.3
Popular
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General

Platform
Binancelogo
Krakenlogo
Founded
Binance2017
Kraken2011
Headquarters
BinanceAbu Dhabi, UAE
KrakenSan Francisco, CA
Availability
BinanceWorldwide, excluding US
KrakenAvailable in supported jurisdictions; U.S. restrictions include Maine and New York. Assets and funding vary by location.

Fees & Financial

Bonus
Binance
Kraken$10 BTC + 10% fee discount
Token
BinanceBNB
Kraken
Compounding
BinanceNo
KrakenNo
Payouts
BinanceDaily
KrakenWeekly
Fees
Binance
KrakenYes
Lockup
BinanceFlexible
Kraken
Maker Fee
Binance
Kraken0.4
Taker Fee
Binance
Kraken0.8

Cryptocurrency Rates

BTC Rate
Binance
Kraken0.02%
BTC Max
Binance
Kraken
ETH Rate
Binance
Kraken
ETH Max
Binance
Kraken2.98%
Stablecoin Rate
Binance
Kraken4%

Binance

Review

Pros

  • World’s largest exchange
  • Wide variety of earn products

Cons

  • Not available in the US
  • Regulatory history has been complex

Kraken

Review

Pros

  • Supports flexible and bonded staking across a broad selection of assets, with rewards paid weekly.
  • Auto Earn can keep eligible assets available for trading or withdrawal while automatically allocating them to supported rewards programs.

Cons

  • Flexible Staking and Auto Earn generally deduct 30% of rewards, while the entry bonded tier deducts 25%.
  • Flexible staking may generate rewards on only up to half of the selected balance for assets with an unbonding period.