Updated September 29, 2026 · HodlCue Editorial Team
Binance Australia vs kraken
Binance Australia
Higher score in this comparison
kraken
Binance Australia vs kraken: the differences
| Compare | Binance AustraliaReviewVisitVisit | krakenReviewVisitVisit |
|---|---|---|
| Taker fee | 0.1%Lower | 0.8% |
| Coins listed | 490 | 728Higher |
| Regulators | Autorite des marches financiers (AMF), Commissione Nazionale per le Societa e la Borsa (CONSOB), Banco de Espana, Australian Securities and Investments Commission (ASIC), Thailand Ministry of Finance | Central Bank of Ireland, CySEC, FCA, FINTRAC, FinCEN, SEC and FINRA, CFTC and NFA, AUSTRAC, Bermuda Monetary Authority, Comision Nacional de Valores (CNV), Austrian Financial Market Authority (FMA), Central Bank of Ireland (CBI) |
| Maker fee | 0.1%Lower | 0.4% |
| Fiat deposit methods | Not confirmed | Card, Bank, SEPA, ACH, Apple pay |
| Withdrawal fee | Not confirmed | Variable per asset and method; static or dynamic funding fees |
Same on both: Proof of reserves (Yes), Derivatives (Yes), Exchange type (Cex).
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Key differences
- Binance Australia scores higher overall: 9.3 vs 9.2.
- Regulators: only Binance Australia offers Autorite des marches financiers (AMF), Commissione Nazionale per le Societa e la Borsa (CONSOB), Banco de Espana.
- Regulators: only kraken offers Central Bank of Ireland, CySEC, FCA.
- Founded is lower at kraken: 2011 vs 2017.
- kraken is licensed in 4 more countries.
- Taker fee is lower at Binance Australia: 0.1% vs 0.8%.
- Maker fee is lower at Binance Australia: 0.1% vs 0.4%.
- Coins listed is higher at kraken: 728 vs 490.
- Features: only kraken offers Custodial, Self custody.
Our verdict on each
Binance Australia
Binance Australia suits traders who value a broad coin selection, spot and derivatives access, staking, and transparent reserve evidence. With 490 coins and taker fees of 0.1%, it offers a capable central exchange, while its listed regulatory footprint still deserves careful review.
kraken
Kraken suits buyers who put safety of the money and a wide coin list ahead of trading cost. It publishes proof of reserves, offers derivatives, and lists 728 coins, but the taker fee of 0.8% sits well above the site median of 0.2%, so regular traders pay more per trade.
Score breakdown
| Area | Binance Australia | kraken |
|---|---|---|
| Cost | 9.0Higher | 8.3Fees are high: a taker fee of 0.8% and a maker fee of 0.4% sit well above the site median of 0.2%. |
| Offer | 9.6 | 9.8HigherProof of reserves and derivatives are both offered, coins listed reach 728, and support runs on email, chat and phone. |
| Trust | 9.4 | 9.7Higher |
Licences and countries
| Country | Binance Australia | kraken |
|---|---|---|
| Australia | AUSTRAC ACN 163 237 634 | |
| Argentina | Not confirmed | |
| Austria | Not confirmed | Austrian Financial Market Authority (FMA) MiCA CASP 5299005V5GBSN2A4C303 |
| Bermuda | Not confirmed | Bermuda Monetary Authority 202403268 |
| Canada | Not confirmed | FINTRAC M19343731 |
| Cyprus | Not confirmed | CySEC 342/17 |
| France | Not confirmed | |
| Ireland | Not confirmed | Central Bank of Ireland C453020 Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 |
What it costs in practice
Buy 1,000 of crypto and sell it again
Binance Australia
2
0.1% of 2,000
kraken
16
0.8% of 2,000
Binance Australia comes out 14 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
How they place
| Ranking | Binance Australia | kraken |
|---|---|---|
| Crypto exchanges | 11 of 297 | 14 of 297 |
| Crypto futures exchanges | 8 of 78 | 10 of 78 |
Every fact side by side
| Fact | Binance Australia | kraken |
|---|---|---|
| Features | Staking | Custodial, Self custody, StakingCovers more |
| Legal entity | Binance Holdings Ltd. | Payward Europe Solutions Limited |
| Headquarters | Not confirmed | Ireland |
| Founded | 2017 | 2011Lower |
| Support channels | Not confirmed | Email, Chat, Phone, Help centre, Community |
Debit cards
| Fact | Binance Australia | kraken |
|---|---|---|
| Monthly fee | Not confirmed | €0 |
| Currency conversion fee | Not confirmed | 0% |
| Card type | Not confirmed | Debit |
| Cashback rate | Not confirmed | 2% |
| Card network | Not confirmed | Mastercard |
| Currencies | Not confirmed | 600 |
| Custody | Not confirmed | Custodial |
Crypto earn
| Fact | Binance Australia | kraken |
|---|---|---|
| Yield | Not confirmed | 0.1% to 21% |
| Supported assets | Not confirmed | ATOM, SCRT, KSM, DYM, FLOW, MON, KAVA, XTZ, INJ, GRT, AVAX, TIA, NEAR, SOL, SEI, TRX, POL, DOT, ETH, HYPE, SUI, BNB, BTC, ADA, MINA, TAO, FLOWH, AKT, ALGO, APT, CELO, CSPR, CTC, CTSI, DASH, DCR |
| Lock-up terms | Not confirmed | None for flexible (unstake any time); bonded has a lock-in period (e.g. 21D for ATOM) |
Crypto wallets
| Fact | Binance Australia | kraken |
|---|---|---|
| Wallet type | Not confirmed | Mobile |
| Price | Not confirmed | $0 |
| Backup options | Not confirmed | Seed |
Where each stands against the rest
| Fact | Binance Australia | kraken | Median |
|---|---|---|---|
| Taker fee | 0.1%below the median | 0.8%highest quarter | 0.15% |
| Coins listed | 490highest quarter | 728highest quarter | 76 |
| Maker fee | 0.1%at the median | 0.4%highest quarter | 0.1% |
Median across 219 listed providers.
Pros and cons
Binance Australia
Pros
- Binance Australia lists 490 coins, supporting a broad selection of spot and derivatives markets.
- It offers derivatives and staking alongside standard exchange trading.
- Proof of reserves is available as an additional check on the exchange's reported holdings.
Cons
- The taker fee of 0.1% is above the exchange median of 0.2%.
- The cost score is 5.9, indicating a less compelling cost proposition than its offer score of 8.7.
kraken
Pros
- Proof of reserves is published and derivatives are offered on the same platform.
- Coins listed reach 728, above the site median of 62.
- Fiat deposits run through card, bank and sepa, covering card, bank transfer, SEPA and ACH.
Cons
- Fees are heavy for frequent trading: 0.8% to take and 0.4% to make, against a site median of 0.2%.
- Withdrawal fees vary by asset and method, with static or dynamic funding fees on top of the trade cost.
- Staked balances sit in custodial custody, and bonded staking carries a lock-in period.
Who each suits
Binance Australia
Who it suits
- Active traders who want access to a large coin catalogue and derivatives.
- Users interested in staking or reviewing published proof of reserves.
Who should look elsewhere
- ActivTrades may suit traders prioritising its taker fee of 0%.
- bunq may suit users focused on its taker fees of 0.25% to 1.99%.
- Bitpanda may appeal to users prioritising its minimum coin listing of from 650.
kraken
Who it suits
- Readers who want a regulated exchange with proof of reserves and derivatives in the same account.
- Anyone funding an account by card, bank transfer, SEPA or ACH.
- Card users, since the card carries a €0 monthly fee and cashback of 2%.
Who should look elsewhere
- Not ActivTrades if trading cost is the only thing that matters, since its taker fee is 0%.
- Not bunq, whose taker fee runs 0.25% to 1.99% against the fee here.
- Not Bitpanda for a longer coin list, as Bitpanda lists from 650 coins.
Country by country
| Country | Binance Australia | kraken |
|---|---|---|
| Australia | Yes | No |
| France | Yes | No |
| Italy | Yes | No |
| Spain | Yes | No |
| Thailand | Yes | No |
Questions about each
Binance Australia
What are Binance Australia's spot trading fees?+
Binance Australia's spot taker fee is 0.1%, while its maker fee is 0.1%. The taker rate is below the broader exchange median of 0.2%, although it remains above the site median of 0.2%.
How many coins are listed?+
Binance Australia lists 490 coins. This is above the exchange median of 74.5 and the site median of 62, giving users a broad catalogue for comparison.
kraken
What does Kraken charge to trade?+
Trading costs 0.8% for taker orders and 0.4% for maker orders. The taker fee sits above the site median of 0.2%, so cost-minded traders may prefer a cheaper venue. Withdrawal fees are separate and vary by asset and method, charged as static or dynamic funding fees.
Which regulators and licences cover Kraken?+
Kraken is listed with Central Bank of Ireland, CySEC and FCA. The European entity behind it is Payward Europe Solutions Limited, based in Ireland, with its own Central Bank of Ireland registration. Proof of reserves is also published, so stated holdings can be compared with the proof.
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