Coinbase vs Kraken Comparison
Coinbase
Fees
Trading: 1.49%, Ein-/Auszahlung: Kostenlos (SEPA)/0.15€
Cryptocurrencies
129+ Coins
Savings plan available
No
Own wallet
No
Target Group
Beginners & Casual Investors
Regulierung
SEC registered (USA), BaFin licensed (Germany)
Kraken
Fees
Trading: ab 0.16%, Ein-/Auszahlung: Kostenlos (SEPA)/0.09€
Cryptocurrencies
279+ Coins
Savings plan available
No
Own wallet
No
Target Group
Experienced Traders & Institutions
Regulierung
FinCEN registered (USA), FCA authorized (UK)
Advantages Coinbase
- ✓Very user-friendly
- ✓High security standards
- ✓Regulated in many countries
- ✓Excellent support
- ✓Free crypto courses
- ✓Insured deposits
Disadvantages Coinbase
- ✗Higher fees compared to other exchanges
- ✗Limited cryptocurrency selection
- ✗Authority tracking
Advantages Kraken
- ✓High liquidity
- ✓Advanced trading tools
- ✓Excellent security track record
- ✓24/7 live support
- ✓Margin trading available
- ✓Institutional services
Disadvantages Kraken
- ✗Complex interface
- ✗Limited payment methods
- ✗Verification can take time
About Coinbase
Coinbase is one of the most well-known and trusted crypto exchanges, particularly suitable for beginners.
- Easy to Use: Intuitive user interface for straightforward trading.
- High Security: Insured deposits and state-of-the-art security measures.
- Regulated: Licensed in the US and many European countries.
- Educational Resources: Free crypto courses for beginners.
The platform excels in user-friendliness and high security standards.
Despite higher fees, Coinbase is an excellent choice for safely entering crypto trading.
About Kraken
Kraken is an established crypto exchange with advanced trading features and high security.
- Wide Selection: Over 420 cryptocurrencies and trading pairs available.
- Competitive Fees: Attractive pricing models for frequent traders.
- Security: Two-factor authentication and cold storage for asset protection.
- Advanced Tools: Specialized features for professional trading.
The platform distinguishes itself through reliability and high security standards.
With its sophisticated interface, Kraken simplifies complex transactions for experienced traders, making it a top choice for professional cryptocurrency trading.