Compare Kraken vs Upbit

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On this page, you can compare Kraken with Upbit. 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. Upbit was founded in 2017 in South Korea.

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 Upbit 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. Upbit has a mobile app available for iOS and Android.

Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.

Company
User rating User rating 3.4 / 5 21 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.73 / 5

User rating

3.4 / 5 21 user review 2.8 / 5 19 user review

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
4.08 / 5 3.73 / 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.
يقع UpBit في كوريا الجنوبية. تأسست في عام 2017 من قبل المطور الكوري KakaoTalk. التبادل سهل الاستخدام للغاية ويوفر مستوى عال من الأمان. يدعم UpBit تداول حوالي 195 cryptocurrencies ، وبعضها نادر جدا ، و 330 أزواج تداول السوق.

Founding Date

2011 2017

Country

USA South Korea

Type

Centralized Centralized

Languages

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

Mobile app

iOS, Android 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 Seoul, South Korea (The exchange does not disclose the exact location of its office)

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
BTC Markets 0.2%
USDT Markets 0.2%
SGD Markets 0.25%

Full fee schedule:
https://sg.upbit.com/service_center/guide
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.
يقع UpBit في كوريا الجنوبية. تأسست في عام 2017 من قبل المطور الكوري KakaoTalk. التبادل سهل الاستخدام للغاية ويوفر مستوى عال من الأمان. يدعم UpBit تداول حوالي 195 cryptocurrencies ، وبعضها نادر جدا ، و 330 أزواج تداول السوق.
Founding Date Founding Date 2011 Founding Date 2017
Country Country USA Country South Korea
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese Languages Korean, Indonesian, Malay, Thai
Mobile app Mobile app iOS, Android Mobile app iOS, Android
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 Seoul, South Korea (The exchange does not disclose the exact location of its office)
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 BTC Markets 0.2%
USDT Markets 0.2%
SGD Markets 0.25%

Full fee schedule:
https://sg.upbit.com/service_center/guide

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.

Upbit trading volume is 147,804,050.0. The exchange has 309 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 147804050

Pairs

99 309

Coins

26 190

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 90468680 Volume 147804050
Pairs Pairs 99 Pairs 309
Coins Coins 26 Coins 190
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
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 sg.upbit.com

Twitter

Krakenfx @upbitglobal

Number of followers

376000 4920
Website Website r.kraken.com Website sg.upbit.com
Twitter Twitter Krakenfx Twitter @upbitglobal
Number of followers Number of followers 376000 Number of followers 4920

Rating

User rating User rating 3.4 / 5 21 user review User rating 2.8 / 5 19 user review
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5

Cryptogeek summary

Kraken user rating is 3.4, based on 21 user reviews. Upbit user rating is 2.8, based on 19 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?
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Trust Score: 4.08 / 5 Write review

On this page, you can compare Kraken with Upbit. 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. Upbit was founded in 2017 in South Korea.

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 Upbit 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. Upbit has a mobile app available for iOS and Android.

Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. Upbit has 4 languages available, including Korean, Indonesian, Malay and Thai.