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Kraken vs Lantern Finance

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

Kraken

Kraken

Quick takeKraken is a custodial crypto exchange offering flexible staking, bonded staking, and Auto Earn for eligible assets and regions. Flexible pro...

Score4.3
Popular170 recent visitors
VS
Lantern Finance

Lantern Finance

Lantern Finance offers cryptocurrency-backed loan products that allow users to obtain loans secured by their digital assets. Lantern Finance offers co...

Score4.2

General

Platform
Krakenlogo
Lantern Financelogo
Founded
Kraken2011
Lantern Finance2023
Headquarters
KrakenSan Francisco, CA
Lantern FinanceLas Vegas, NV
Availability
KrakenAvailable in supported jurisdictions; U.S. restrictions include Maine and New York. Assets and funding vary by location.
Lantern FinanceWorldwide

Fees & Financial

Bonus
Kraken$10 BTC + 10% fee discount
Lantern Finance
Token
Kraken
Lantern Finance
Compounding
KrakenNo
Lantern FinanceNo
Payouts
KrakenWeekly
Lantern Finance
Fees
KrakenYes
Lantern Finance
Lockup
Kraken
Lantern Finance
Maker Fee
Kraken0.4
Lantern Finance
Taker Fee
Kraken0.8
Lantern Finance

Cryptocurrency Rates

BTC Rate
Kraken0.02%
Lantern Finance
BTC Max
Kraken
Lantern Finance
ETH Rate
Kraken
Lantern Finance
ETH Max
Kraken2.44%
Lantern Finance
Stablecoin Rate
Kraken4%
Lantern Finance

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.

Lantern Finance

Review

Pros

  • Supports many collateral coins (BTC, ETH, SOL, LTC, DOGE)
  • US-based

Cons

  • Loans only, no earn product
  • Newer platform, limited track record