Coinbase | Kraken | |
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Introduction | Coinbase Coinbase is an international crypto exchange listed on the US stock market, that offers trading of hundreds of crypto assets since 2012. The USA-based crypto exchange offers both a simple trading mode for beginners, as well as an advanced trading view for experienced traders. Hence Coinbase is suitable for any type of crypto investor. Coinbase is regulated worldwide and is the first-ever crypto exchange to be licensed by the German BaFin. | Kraken Kraken is a crypto exchange based in the USA that offers crypto trading in almost all countries of the world. The exchange integrates all necessary features for investing in crypto, with very low trading fees for advanced trading. At the same time, Kraken provides both a simple user interface that helps beginners get started trading cryptocurrencies with just a few clicks, as well as an advanced trading mode 'Kraken Pro' with useful tools for traders. |
Availibility | ||
Pros |
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Cons |
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Coinbase | Kraken | |
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Tradable Assets | Cryptocurrencies | Cryptocurrencies |
Cryptocurrencies | 230+ | 210+ |
Payment Methods | ||
Min. Deposit | 2$ | 1$ |
Verification | ID, Video | ID |
Languages | 🇩🇪 German | 🇬🇧 English |
Headquarters | 🇺🇸 United States | 🇺🇸 United States |
Regulations | 🇦🇺 AUSTRAC, 🇩🇪 BaFin, 🇮🇪 CBI, 🇳🇱 DNB, 🇬🇧 FCA, 🇺🇸 FinCEN | 🇦🇺 AUSTRAC, 🇺🇸 FinCEN, 🇨🇦 FINTRAC |
Founded In | 2012 | 2011 |
Coinbase vs KrakenShowcase
Coinbase | Kraken | |
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Fee Structure | Coinbase Coinbase has different fees for different trading modes. When trading in the easy swapping interface, users encounter a high spread of 0-3%, depending on the cryptocurrency traded. On the other hand, users of Coinbase Advanced Trade benefit from very tight spreads and low trading fees of 0-0.6% that get lower the more you trade. Coinbase's advanced trading offers the same, large selection of cryptocurrency markets. | Kraken Kraken has different fees for different trading modes. When using Krakens's easy trading interface "Instant Buy", users pay a higher fee of 1.5%. By using Kraken's advanced trading interface users benefit from low trading fees of 0-0.26% that get lower the more you trade. Kraken's advanced interface has the same, large selection of cryptocurrencies. |
Standard Crypto Fee | 0-3% | 1.5% |
Advanced Crypto Fee | 0-0.6% | 0-0.26% |
Average Crypto Fee | 0.90% | 0.81% |
Coinbase | Kraken | |
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< 10,000$ | 0.4-0.6% | 0.16-0.26% |
< 50,000$ | 0.25-0.4% | 0.16-0.26% |
< 100,000$ | 0.15-0.25% | 0.14-0.24% |
Coinbase | Kraken | |
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Tradable Coins |
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Bitcoin | Yes | Yes |
Ethereum | Yes | Yes |
Cardano | Yes | Yes |
Dogecoin | Yes | Yes |
Polygon | Yes | Yes |
Solana | Yes | Yes |
Coinbase | Kraken | |
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Mobile App | Android,iOS | Android,iOS |
Web Version | Yes | Yes |
Easy Trading | Yes | Yes |
Pro Trading | ||
Demo Account | No | No |
Signup Bonus | No | No |
Recurring Buys | Yes | Yes |
Real Crypto | Yes | Yes |
Withdrawable Crypto | Yes | Yes |
Crypto Staking | Yes | Yes |
Crypto Lending | No | No |
Why Coinbase over Kraken? | |
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Coinbase | Kraken | |
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Registration Speed | 90/100 | 91/100 |
Simplicity | 92/100 | 89/100 |
Coins | 97/100 | 97/100 |
Features | 94/100 | 95/100 |
Fees | 77/100 | 85/100 |
Opinion | Coinbase 90% Very Good /2024 Coinbase provides a flawless user experience and easy access to crypto trading with almost instant account registrations. Because Coinbase is listed on the US stock market, we believe this exchange is one of the most stable international crypto exchanges one can choose from today. We recommend Coinbase to crypto investors who value regulatory safety and transparency more than low trading fees: We find the trading fees on Coinbase a bit too high, especially in the default trading mode. | Kraken 91% Very Good /2024 We see Kraken as one of the best international crypto exchanges, as the US-based exchange integrates all necessary features for both beginners as well as advanced traders. Unfortunately, because Kraken's fees for the instant trading mode are higher than those on Kraken's advanced interface, this exchange fails to empower beginners. Still, for those willing to use advanced trading interfaces, we recommend Kraken as the go-to place to buy and sell crypto assets with a very high-cost efficiency. |