Bitfinex vs Kraken - HodlCue
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Provider comparison

Bitfinex vs Kraken

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

Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers…

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

Bitfinex

Spot maker 0.10%/taker 0.20%, lower by volume

Kraken

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

Supported coins

Bitfinex

~170

Kraken

~350+

Fiat on-ramps

Bitfinex

Bank wire (limited), third-party card

Kraken

Bank transfer, wire, card, Apple/Google Pay

KYC level

Bitfinex

required

Kraken

required

US allowed

Bitfinex

Kraken

Proof of Reserves

Bitfinex

n (no standardized user-verifiable PoR published)

Kraken

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

Order-book depth

Bitfinex

Very high on majors, deep margin/funding market

Kraken

High on majors and many alts

Instruments

Bitfinex

spot, margin, derivatives, P2P funding (lending)

Kraken

spot, futures, margin, staking, xStocks

Pros & cons

Bitfinex

Bitfinex

Pros

  • Wide range of trading pairs and advanced tools
  • Margin trading and lending available
  • High liquidity for major cryptocurrencies

Cons

  • No proof of reserves, reducing transparency
  • Not available to US residents
  • Custodial platform requires trust in the exchange
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
Bitfinex

Bitfinex

Bitfinex is a custodial exchange that does not allow US users and lacks proof of reserves. This review covers what it offers, who it suits, and what to check before signing up.

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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