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Updated September 29, 2026 · HodlCue Editorial Team

Kraken vs Trezor

Kraken scores 9.4 and Trezor 9.0 out of 10. Compare their differences and shared features below.
Kraken

Kraken

Higher score in this comparison

9.4/10
Visit
Trezor

Trezor

9.0/10
Visit

Where Kraken and Trezor differ

Kraken vs Trezor
CompareKrakenKrakenReviewVisitVisitTrezorTrezorReviewVisitVisit
DerivativesYesHas itNo
Taker fee0.05% to 0.8%Not confirmed
Coins listed728Not confirmed
RegulatorsCentral Bank of Ireland, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI)Not confirmed
Fiat deposit methodsCard, Bank, SEPA, ACH, Apple payNot confirmed
Maker fee0% to 0.4%Not confirmed
Proof of reservesYesNot 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: 9.4 vs 9.0.
  • Derivatives: only Kraken.
  • Features: only Kraken offers Multi currency, Crypto, Virtual card.
  • Features: only Trezor offers Self custody.

Our verdict on each

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

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
Cost9.3HigherMonthly charge of €0 with conversion fees of 0% keeps routine card costs contained.8.7
Offer9.0Card access to 728 with staking on ATOM, SCRT and KSM widens use beyond payments.9.0
Trust9.7HigherSupervision linked to Central Bank of Ireland, Financial Conduct Authority and Financial Crimes Enforcement Network supports confidence in handling.9.2

Positions in our rankings

Kraken vs Trezor
RankingKrakenTrezor
Crypto exchanges9 of 2977 of 297
Crypto wallets6 of 1563 of 156

Sources behind this comparison

Kraken

  • kraken.com: 6 facts, checked September 28, 2026
  • support.kraken.com: 2 facts, checked September 28, 2026
  • coingecko.com: 1 fact, checked September 26, 2026

Trezor

  • trezor.io: 3 facts, checked September 26, 2026

Every fact side by side

Kraken vs Trezor
FactKrakenTrezor
FeaturesMulti currency, Crypto, Virtual card, TravelSelf custody
Support channelsNot confirmedHelp centre

Crypto wallets

Kraken vs Trezor
FactKrakenTrezor
Wallet typeMobileHardware
Price$0Lower$79
CustodySelf custodySelf custody
Coins supported7288,000Higher
Secure elementNot confirmedEAL6+
Open sourceNot confirmedYes
ConnectivityNot confirmedUSB c
Backup optionsSeedSeed, ShamirCovers more

Where each stands against the rest

Kraken vs Trezor
FactKrakenTrezorMedian
Taker fee0.05% to 0.8%below the medianNot confirmed0.15
Coins listed728highest quarterNot confirmed76
Maker fee0% to 0.4%below the medianNot confirmed0.1

Median across 219 listed providers.

Pros and cons

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

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

  • 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

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 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.

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