Updated September 29, 2026 · HodlCue Editorial Team
CoinJar vs kraken
CoinJar
kraken
Higher score in this comparison
Where CoinJar and kraken differ
| Compare | CoinJarReviewVisitVisit | krakenReviewVisitVisit |
|---|---|---|
| Monthly fee | A$0 | €0 |
| Currency conversion fee | 2.99% | 0%Lower |
| Card type | Prepaid | Debit |
| Cashback rate | 1% | 2%Higher |
| Top-up fee | 0% (no pre-loading; card spends directly from CoinJar account balance) | Not confirmed |
| Currencies | Not confirmed | 600 |
Same on both: Card network (Mastercard), Custody (Custodial).
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Key differences
- kraken scores higher overall: 9.2 vs 8.8.
- Founded is lower at kraken: 2011 vs 2013.
- kraken is licensed in 6 more countries.
- Currency conversion fee is lower at kraken: 0% vs 2.99%.
- Cashback rate is higher at kraken: 2% vs 1%.
- Support channels: only kraken offers Chat, Phone, Community.
- Features: only CoinJar offers Crypto.
- Features: only kraken offers Self custody, Staking.
Our verdict on each
CoinJar
CoinJar is a custodial crypto exchange with a prepaid card, so it suits people who spend crypto as they go rather than trade heavily or hold their own keys. The card costs AUD 0 a month, trading costs 0.1% a trade and 45 coins are listed.
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 | CoinJar | kraken |
|---|---|---|
| Cost | 8.8HigherConversion is the weak point: 2.99% on card spend against a site median of 1%, while trading costs 0.1%. | 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 | 8.8 | 9.8HigherProof of reserves and derivatives are both offered, coins listed reach 728, and support runs on email, chat and phone. |
| Trust | 8.7 | 9.7Higher |
How they place
| Ranking | CoinJar | kraken |
|---|---|---|
| Crypto exchanges | 23 of 297 | 14 of 297 |
| Where to buy crypto | 15 of 177 | 8 of 177 |
| Crypto wallets | 13 of 156 | 7 of 156 |
| Crypto debit cards | 21 of 145 | 10 of 145 |
Where each is licensed and available
| Country | CoinJar | kraken |
|---|---|---|
| Australia | AUSTRAC ACN 163 237 634 | |
| Ireland | Central Bank of Ireland (CBI) MiCA CASP 98450066Q3A1G1A4T786 | Central Bank of Ireland C453020 Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 |
| United Kingdom | FCA 757895 | |
| 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 |
Every fact side by side
| Fact | CoinJar | kraken |
|---|---|---|
| Features | Crypto, Custodial | Custodial, Self custody, Staking |
| Audience | Business | Not confirmed |
| Legal entity | CoinJar Europe Limited | Payward Europe Solutions Limited |
| Headquarters | Ireland | Ireland |
| Founded | 2013 | 2011Lower |
| Support channels | Email, Help centre | Email, Chat, Phone, Help centre, CommunityCovers more |
Crypto exchanges
| Fact | CoinJar | kraken |
|---|---|---|
| Taker fee | 0.1%Lower | 0.8% |
| Coins listed | 45 | 728Higher |
| Regulators | Central Bank of Ireland, Financial Conduct Authority (UK), FinCEN (US), AUSTRAC, Central Bank of Ireland (CBI) | 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) |
| Fiat deposit methods | Card, Bank, SEPA, Apple pay | Card, Bank, SEPA, ACH, Apple payCovers more |
| Maker fee | 0.1%Lower | 0.4% |
| Proof of reserves | Yes | Yes |
| Withdrawal fee | Dynamic fee for crypto withdrawals to external addresses; no fee for AUD bank transfer or PayPal withdrawals | Variable per asset and method; static or dynamic funding fees |
| Derivatives | Not confirmed | Yes |
| Exchange type | Cex | Cex |
Crypto wallets
| Fact | CoinJar | kraken |
|---|---|---|
| Wallet type | Mobile | Mobile |
| Price | €0 | $0 |
| Coins supported | 45 | Not confirmed |
| Backup options | Not confirmed | Seed |
Crypto earn
| Fact | CoinJar | 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) |
Where each stands against the rest
| Fact | CoinJar | kraken | Median |
|---|---|---|---|
| Currency conversion fee | 2.99%highest quarter | 0%below the median | 0.25% |
| Cashback rate | 1%lowest quarter | 2%at the median | 2% |
| Currencies | Not confirmed | 600highest quarter | 30 |
Median across 58 listed providers.
Pros and cons
CoinJar
Pros
- Cashback of 1% on every card purchase
- Trading costs 0.1% a trade, under the site median of 0.2%
- Top-ups are free and card spend draws on the CoinJar balance
Cons
- Conversion on card spend is 2.99%, above the site median of 1%
- Only 45 coins are listed, against a site median of 62
- Support runs on email and help centre only
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
CoinJar
Who it suits
- People who want a crypto card with no monthly charge and cashback on spend
- Businesses paying suppliers from a crypto balance, the audience CoinJar targets
- Custodial beginners who would rather not hold their own keys
Who should look elsewhere
- Wise, when a low conversion charge matters more than spending crypto
- Bitpanda, for a euro-based crypto card at a monthly fee of €0
- Monzo Flex, for everyday banking at a monthly fee of £0
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.
Current offers
CoinJar
Current offer
Bonus
Free physical CoinJar Card: $0 card issuance (digital and physical)
Card issuance fee is $0 for digital and physical CoinJar Card; a 1% purchase fee applies and is returned as CoinJar Rewards points; card available in Australia only
Source, checked September 26, 2026
Country by country
| Country | CoinJar | kraken |
|---|---|---|
| Australia | Yes | No |
| Germany | Yes | No |
| Ireland | Yes | No |
| United Kingdom | Yes | No |
| United States | Yes | No |
Questions about each
CoinJar
How much does the CoinJar card cost to hold and to use?+
The card has a monthly fee of AUD 0, so keeping it open costs nothing. Currency conversion on card spend is 2.99%, and card spend earns cashback of 1%. Top-ups are free, and spend comes straight from your CoinJar balance.
What do trades cost on CoinJar?+
Taker fees are 0.1% and maker fees are 0.1%, so the gap between the two sides is small. The site median taker fee is 0.2%, which places CoinJar below the middle of the exchanges compared here.
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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