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Kraken vs Zengo

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
Popular120 recent visitors
VS
Zengo

Zengo

Quick takeZengo is a self-custodial crypto wallet with built-in Ethereum staking. Instead of using a seed phrase, the wallet uses multi-party computat...

Score4.1

General

Platform
Krakenlogo
Zengologo
Founded
Kraken2011
Zengo2018
Headquarters
KrakenSan Francisco, CA
ZengoIsrael
Availability
KrakenAvailable in supported jurisdictions; U.S. restrictions include Maine and New York. Assets and funding vary by location.
ZengoWorldwide

Fees & Financial

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

Cryptocurrency Rates

BTC Rate
Kraken0.02%
Zengo
BTC Max
Kraken
Zengo
ETH Rate
Kraken
Zengo
ETH Max
Kraken2.44%
Zengo4%
Stablecoin Rate
Kraken3.75%
Zengo

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.

Zengo

Review

Pros

  • ETH can be staked from a self-custodial wallet without transferring it to a centralized exchange account.
  • Rewards accrue daily and auto-compound after activation, with no fixed staking term.

Cons

  • Ethereum staking requires at least 0.1 ETH, takes about 12 days to begin earning, and takes about 10 days to unstake and claim.
  • The earn selection is limited, and users depend on Everstake for the validator service.