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Updated September 29, 2026 · HodlCue Editorial Team

Binance Australia vs Kraken

Binance Australia scores 9.3 and Kraken 9.4 out of 10. Compare their differences and shared features below.

Binance Australia

9.3/10
Visit
Kraken

Kraken

Higher score in this comparison

9.4/10
Visit

Binance Australia vs Kraken: the differences

Binance Australia vs Kraken
CompareBinance AustraliaReviewVisitVisitKrakenKrakenReviewVisitVisit
Taker fee0.1%0.05% to 0.8%Lower
Coins listed490728Higher
RegulatorsAutorite 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 FinanceCentral Bank of Ireland, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI)
Maker fee0.1%0% to 0.4%Lower
Fiat deposit methodsNot confirmedCard, Bank, SEPA, ACH, Apple pay

Same on both: Proof of reserves (Yes), Derivatives (Yes), Exchange type (Cex).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Kraken scores higher overall: 9.4 vs 9.3.
  • 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, Financial Conduct Authority, Financial Crimes Enforcement Network.
  • Binance Australia is licensed in 4 more countries.
  • Taker fee is lower at Kraken: 0.05% to 0.8% vs 0.1%.
  • Maker fee is lower at Kraken: 0% to 0.4% vs 0.1%.
  • Coins listed is higher at Kraken: 728 vs 490.
  • Features: only Binance Australia offers Staking.
  • Features: only Kraken offers Multi currency, Crypto, Virtual card.

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.

Read the full Binance Australia review

Kraken

Kraken suits frequent crypto users who keep trading balances on exchange and want those balances spendable through a card without added card upkeep. It pairs a debit card on Mastercard with a monthly fee of €0 and conversion fees of 0%, which keeps routine spend predictable for cardholders.

Read the full Kraken review

Score breakdown

Binance Australia vs Kraken
AreaBinance AustraliaKraken
Cost9.09.3HigherMonthly charge of €0 with conversion fees of 0% keeps routine card costs contained.
Offer9.6Higher9.0Card access to 728 with staking on ATOM, SCRT and KSM widens use beyond payments.
Trust9.49.7HigherSupervision linked to Central Bank of Ireland, Financial Conduct Authority and Financial Crimes Enforcement Network supports confidence in handling.

Choosing between them

Pick Binance Australia if offer matter most.

Pick Kraken if cost, trust, taker fee, coins listed, and maker fee matter most.

Licences and countries

Binance Australia vs Kraken
CountryBinance AustraliaKraken
AustraliaNot confirmed
FranceNot confirmed
IrelandNot confirmed
Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458
IE_CBI PSD_EMI IE_CBI!C453020
ItalyNot confirmed
SpainNot confirmed
ThailandNot confirmed

Cost in a real example

Buy 1,000 of crypto and sell it again

Binance Australia

2

0.1% of 2,000

Kraken

1 to 16

0.05% to 0.8% of 2,000

Kraken comes out 1 lower in this example.

Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 28, 2026.

How they place

Binance Australia vs Kraken
RankingBinance AustraliaKraken
Crypto exchanges11 of 2979 of 297
Crypto futures exchanges8 of 786 of 78

Every fact side by side

Binance Australia vs Kraken
FactBinance AustraliaKraken
FeaturesStakingMulti currency, Crypto, Virtual card, Travel
Legal entityBinance Holdings Ltd.Not confirmed
Founded2017Not confirmed

Crypto wallets

Binance Australia vs Kraken
FactBinance AustraliaKraken
Wallet typeNot confirmedMobile
PriceNot confirmed$0
CustodyNot confirmedSelf custody
Coins supportedNot confirmed728
Backup optionsNot confirmedSeed

Where each stands against the rest

Binance Australia vs Kraken
FactBinance AustraliaKrakenMedian
Taker fee0.1%below the median0.05% to 0.8%below the median0.15%
Coins listed490highest quarter728highest quarter76
Maker fee0.1%at the median0% to 0.4%below the median0.1%

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

  • Monthly fee of €0 keeps ongoing card costs low for regular spenders
  • Conversion fees of 0% favour cross border card use versus Bit2Me at 0.95%
  • Cashback of 0.5% to 2% adds value on eligible card spending

Cons

  • Free ATM allowance of €0 restricts cash withdrawals for frequent ATM users
  • Support runs on chat and help centre only, which limits choice for people who prefer phone help
  • Cashback of 0.5% to 2% varies by activity, so returns depend on card use

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

  • Exchange holders who want trading balances spendable by card rather than moved off venue
  • Card payers who value low upkeep and who accept eToro instead where ATM needs dominate

Who should look elsewhere

  • Cash heavy users who may prefer eToro for its free ATM range of €2,500 to €12,000 over €0
  • Phone support seekers who may prefer bunq if assisted channels matter more than chat and help centre

Country by country

Binance Australia vs Kraken
CountryBinance AustraliaKraken
AustraliaYesNo
FranceYesNo
ItalyYesNo
SpainYesNo
ThailandYesNo

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 the Kraken card cost to keep and use?+

The card carries a monthly fee of €0 and conversion fees of 0%. Cashback of 0.5% to 2% applies to eligible spend. Exchange trading uses maker fees of 0% to 0.4% and taker fees of 0.05% to 0.8%, so card costs stay distinct from trading costs.

Who regulates Kraken for this product?+

Kraken lists oversight connected to Central Bank of Ireland, Financial Conduct Authority and Financial Crimes Enforcement Network and holds registrations including MiCA CASP 9845003D98SCC2851458. The legal entity named is Payward Europe Solutions Limited. These permissions relate to crypto and payment services and vary by product and domicile.

Other options to compare

Binance Australia

Visit

Kraken

Visit