Binance vs Kraken - HodlCue
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Provider comparison

Binance vs Kraken

Binance vs Kraken: compare maker / taker fee, supported coins, fees, regulation, and custody in one head-to-head table.

Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to U…

VS
Kraken

Kraken

Kraken is a well-established crypto exchange known for its strong security and proof of reserves. It is avail…

Head-to-head comparison

Maker / taker fee

Binance

Spot 0.10%/0.10%, lower with BNB and volume tiers

Kraken

Pro maker 0.25% to 0.00%, taker 0.40% to 0.10% by volume

Supported coins

Binance

350+

Kraken

~350+

Fiat on-ramps

Binance

Bank, card, P2P, third-party providers

Kraken

Bank transfer, wire, card, Apple/Google Pay

KYC level

Binance

required

Kraken

required

US allowed

Binance

Kraken

Proof of Reserves

Binance

y - Merkle-tree PoR published

Kraken

y - cryptographically user-verifiable, updated periodically (kraken.com/proof-of-reserves)

Order-book depth

Binance

Deepest global liquidity

Kraken

High on majors and many alts

Instruments

Binance

spot, futures, margin, options, staking, earn

Kraken

spot, futures, margin, staking, xStocks

Pros & cons

Binance

Binance

Pros

  • Wide selection of cryptocurrencies
  • High liquidity and low trading fees
  • Proof of reserves for transparency
  • Advanced trading features and tools

Cons

  • Not available to US users
  • Custodial platform, not non-custodial
  • Past security breaches and regulatory issues
Kraken

Kraken

Pros

  • Strong security and track record
  • Proof of reserves for transparency
  • Wide range of cryptocurrencies
  • Available in the US
  • Advanced trading features

Cons

  • Custodial exchange, not self-custody
  • Complex fee structure
  • Verification required
Binance

Binance

Binance is a major cryptocurrency exchange offering a wide range of trading options. It is not available to US users and does not offer non-custodial services, but it provides proof of reserves for transparency.

Kraken

Kraken

Kraken is a well-established crypto exchange known for its strong security and proof of reserves. It is available in the US and offers a wide range of features for traders.

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

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