Compare Kraken vs Simex

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On this page, you can compare Kraken with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Kraken was founded in 2011 in USA. Simex was founded in 2015 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Kraken. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Kraken is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Kraken has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.

Company
User rating User rating 3.4 / 5 21 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.31 / 5

User rating

3.4 / 5 21 user review 3.6 / 5 7 user review

Cryptogeek rating

4.0 / 5 0.0 / 5

Trust Score

How it works
4.08 / 5 3.31 / 5

About

تأسست كراكن مرة أخرى في عام 2011 ولكن افتتح رسميا بعد ذلك بعامين. وهي واحدة من أقدم التبادلات عملة معماة النشطة. يوفر كراكن فرص تداول فعالة في العديد من العملات الورقية. وهي تحتفظ حاليا بالريادة العالمية من حيث أحجام تداول البيتكوين إلى اليورو. تدعم البورصة كلا من الودائع المشفرة والودائع الورقية وكذلك عمليات السحب.
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.

Founding Date

2011 2015

Country

USA USA

Type

Centralized Centralized

Languages

English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese English, Korean, Russian, Chinese, Indonesian, Malay, Hindi

Mobile app

iOS, Android -

Full address

Payward Trading Ltd c/o SHRM Trustees (BVI) Limited Trinity Chambers, P.O. Box 4301 Road Town, Tortola, VG1110 British Virgin Islands 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109

Fees

< 50,000$: 0.16% Maker | 0.26% Taker
< 100,000$: 0.14% Maker | 0.24% Taker
< 250,000$: 0.12% Maker | 0.22% Taker
< 500,000$: 0.10% Maker | 0.20% Taker
< 1,000,000$: 0.08% Maker | 0.18% Taker
< 2,500,000$: 0.06% Maker | 0.16% Taker
< 5,000,000$: 0.04% Maker | 0.14% Taker
< 10,000,000$: 0.02% Maker | 0.12% Taker
> 10,000,000$: 0.00% Maker | 0.10% Taker

Full fee schedule:
https://www.kraken.com/en-us/features/fee-schedule
https://support.kraken.com/hc/en-us/articles/360000767986-Cryptocurrency-withdrawal-fees-and-minimums
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.
About
تأسست كراكن مرة أخرى في عام 2011 ولكن افتتح رسميا بعد ذلك بعامين. وهي واحدة من أقدم التبادلات عملة معماة النشطة. يوفر كراكن فرص تداول فعالة في العديد من العملات الورقية. وهي تحتفظ حاليا بالريادة العالمية من حيث أحجام تداول البيتكوين إلى اليورو. تدعم البورصة كلا من الودائع المشفرة والودائع الورقية وكذلك عمليات السحب.
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
Founding Date Founding Date 2011 Founding Date 2015
Country Country USA Country USA
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi
Mobile app Mobile app iOS, Android Mobile app -
Full address Full address Payward Trading Ltd c/o SHRM Trustees (BVI) Limited Trinity Chambers, P.O. Box 4301 Road Town, Tortola, VG1110 British Virgin Islands Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109
Fees Fees < 50,000$: 0.16% Maker | 0.26% Taker
< 100,000$: 0.14% Maker | 0.24% Taker
< 250,000$: 0.12% Maker | 0.22% Taker
< 500,000$: 0.10% Maker | 0.20% Taker
< 1,000,000$: 0.08% Maker | 0.18% Taker
< 2,500,000$: 0.06% Maker | 0.16% Taker
< 5,000,000$: 0.04% Maker | 0.14% Taker
< 10,000,000$: 0.02% Maker | 0.12% Taker
> 10,000,000$: 0.00% Maker | 0.10% Taker

Full fee schedule:
https://www.kraken.com/en-us/features/fee-schedule
https://support.kraken.com/hc/en-us/articles/360000767986-Cryptocurrency-withdrawal-fees-and-minimums
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction.

Trading

Kraken trading volume is 90,468,680.0. The exchange has 99 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.

Simex trading volume is 81,377,280.0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

90468680 81377280

Pairs

99 16

Coins

26 14

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 90468680 Volume 81377280
Pairs Pairs 99 Pairs 16
Coins Coins 26 Coins 14
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Free
Fees Fees Percentage Fees Percentage
Margin Margin Margin -

Safety

Two factor authentication

Verified

Verified Unverified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Verified Verified Unverified

Social

Website

r.kraken.com simex.global

Twitter

Krakenfx @simexinvest

Number of followers

376000 2223
Website Website r.kraken.com Website simex.global
Twitter Twitter Krakenfx Twitter @simexinvest
Number of followers Number of followers 376000 Number of followers 2223

Rating

User rating User rating 3.4 / 5 21 user review User rating 3.6 / 5 7 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 0.0 / 5

Cryptogeek summary

Kraken user rating is 3.4, based on 21 user reviews. Simex user rating is 3.6, based on 7 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
logo-img
Trust Score: 4.08 / 5 Write review
Trust Score: 3.31 / 5 Write review

On this page, you can compare Kraken with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. Kraken was founded in 2011 in USA. Simex was founded in 2015 in USA.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Kraken. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

Kraken is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

Kraken has a mobile app available for iOS and Android. Simex doesn't have a mobile app.

Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.