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Updated September 29, 2026 · HodlCue Editorial Team

kraken vs Trezor

kraken scores 9.2 and Trezor 9.0 out of 10. Compare their differences and shared features below.
kraken

kraken

Higher score in this comparison

9.2/10
Visit
Trezor

Trezor

9.0/10
Visit

What sets them apart

kraken vs Trezor
ComparekrakenkrakenReviewVisitVisitTrezorTrezorReviewVisitVisit
DerivativesYesHas itNo
Taker fee0.8%Not confirmed
Coins listed728Not confirmed
RegulatorsCentral 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)Not confirmed
Fiat deposit methodsCard, Bank, SEPA, ACH, Apple payNot confirmed
Maker fee0.4%Not confirmed
Proof of reservesYesNot confirmed
Withdrawal feeVariable per asset and method; static or dynamic funding feesNot confirmed
Exchange typeCexNot confirmed

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: 9.2 vs 9.0.
  • Derivatives: only kraken.
  • Support channels: only kraken offers Email, Chat, Phone.
  • Features: only kraken offers Custodial, Staking.

Our verdict on each

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.

Read the full kraken review

Trezor

Trezor is the pick for readers who want keys held away from any provider, since custody is self custody and the firmware is open source. It suits people who will pay $79 once and accept 8,000 coins of coverage, not trading or yield seekers.

Read the full Trezor review

Score breakdown

kraken vs Trezor
AreakrakenTrezor
Cost8.3Fees are high: a taker fee of 0.8% and a maker fee of 0.4% sit well above the site median of 0.2%.8.7Higher
Offer9.8HigherProof of reserves and derivatives are both offered, coins listed reach 728, and support runs on email, chat and phone.9.0
Trust9.7Higher9.2

Where each is licensed and available

kraken vs Trezor
CountrykrakenTrezor
ArgentinaNot confirmed
Australia
AUSTRAC ACN 163 237 634
Not confirmed
Austria
Austrian Financial Market Authority (FMA) MiCA CASP 5299005V5GBSN2A4C303
Not confirmed
BermudaNot confirmed
Canada
FINTRAC M19343731
Not confirmed
Cyprus
CySEC 342/17
Not confirmed
Ireland
Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458
Not confirmed
United Kingdom
FCA 757895
Not confirmed

Choosing between them

Pick kraken if offer, trust, and derivatives matter most.

Pick Trezor if cost matter most.

How they place

kraken vs Trezor
RankingkrakenTrezor
Crypto exchanges14 of 2977 of 297
Crypto wallets7 of 1563 of 156

Every fact side by side

kraken vs Trezor
FactkrakenTrezor
FeaturesCustodial, Self custody, StakingCovers moreSelf custody
Legal entityPayward Europe Solutions LimitedNot confirmed
HeadquartersIrelandNot confirmed
Founded2011Not confirmed
Support channelsEmail, Chat, Phone, Help centre, CommunityCovers moreHelp centre

Debit cards

kraken vs Trezor
FactkrakenTrezor
Monthly fee€0Not confirmed
Currency conversion fee0%Not confirmed
Card typeDebitNot confirmed
Cashback rate2%Not confirmed
Card networkMastercardNot confirmed
Currencies600Not confirmed
CustodyCustodialSelf custody

Crypto earn

kraken vs Trezor
FactkrakenTrezor
Yield0.1% to 21%Not confirmed
Supported assetsATOM, 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, DCRNot confirmed
Lock-up termsNone for flexible (unstake any time); bonded has a lock-in period (e.g. 21D for ATOM)Not confirmed

Crypto wallets

kraken vs Trezor
FactkrakenTrezor
Wallet typeMobileHardware
Price$0Lower$79
Coins supportedNot confirmed8,000
Secure elementNot confirmedEAL6+
Open sourceNot confirmedYes
ConnectivityNot confirmedUSB c
Backup optionsSeedSeed, ShamirCovers more

Where each stands against the rest

kraken vs Trezor
FactkrakenTrezorMedian
Taker fee0.8%highest quarterNot confirmed0.15%
Coins listed728highest quarterNot confirmed76
Maker fee0.4%highest quarterNot confirmed0.1%

Median across 219 listed providers.

Pros and cons

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.

Trezor

Pros

  • Custody sits with the holder: self custody, with no provider able to move the funds
  • Open source firmware, so the code can be read and checked
  • A secure element rated EAL6+ keeps signing inside the device

Cons

  • Price of $79 leaves it towards the pricier end of the table, ranking at 103 of 120
  • Coins supported rank of 8 out of 108 trails rivals that list more
  • Support runs on help centre only, so a lost seed has no live agent to call

Who each suits

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.

Trezor

Who it suits

  • Long-term holders who want self custody and no provider holding keys
  • People who read code and value open source firmware
  • Users with a modest coin range who will pay $79 once

Who should look elsewhere

  • Traders, who need fees and order books rather than a hardware device
  • People chasing yield, since derivatives are not offered and no yield feature is listed
  • Those wanting phone-only custody, where bynex and Atomic Wallet are mobile wallets and bynex is custodial

Country by country

kraken vs Trezor
CountrykrakenTrezor
ArgentinaNoYes

Questions about each

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.

Trezor

What does a Trezor cost?+

A Trezor device costs $79. It is a hardware purchase rather than a subscription, and no account fee or monthly charge is listed alongside it. On the site ranking the device sits at 103 of 120 brands, so expect to pay more than a free software wallet but less than the priciest hardware in the €876.09 range.

Who holds the crypto on a Trezor?+

Custody is self custody, so keys stay on your device and no provider can move the balance. That is the main difference from an account such as bynex, which is custodial. The same setting means a lost backup is a lost wallet, since no support desk holds a copy for you.

Other options to compare

kraken

Visit

Trezor

Visit