Compare Bilaxy vs Kraken
On this page, you can compare Bilaxy with Kraken. 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. Bilaxy was founded in 2018 in China. Kraken was founded in 2011 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.
Bilaxy is Centralized and Kraken is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bilaxy has a mobile app available for iOS and Android. Kraken has a mobile app available for iOS and Android.
Bilaxy has 2 languages available, including English and Chinese. Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese.
| Company | ||
|---|---|---|
| User rating | 17 user reviews | 22 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 17 user reviews | 22 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.
Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
|
Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.
|
Founding Date
| 2018 | 2011 |
Country
| China | USA |
Type
| Centralized | Centralized |
Languages
| English, Chinese | English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Hong Kong (The exchange does not disclose the exact location of its office) | Payward Trading Ltd c/o SHRM Trustees (BVI) Limited Trinity Chambers, P.O. Box 4301 Road Town, Tortola, VG1110 British Virgin Islands |
Fees
|
Deposits: Free Trades: All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015). Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order. Minimum Trade Amount: ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent. USDT trading pair: minimum order size is 10USDT or 10USDT equivalent. BTC trading pair: minimum order size is 0.0003BTC or equivalent. Withdrawals: Withdrawal fees are regularly adjusted according to blockchain conditions. You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin. A withdrawal fee will be deducted from your withdrawal amount. Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY. |
< 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 |
| About |
Bilaxy is a centralized cryptocurrency exchange launched in 2018. Its reported volume is about 98-105 mln. $. The exchange is available both in English and Chinese versions.
Bilaxy has 157 available trading pairs and 134 coins. Exchange provides the possibility of trading with a number of different altcoins against the ETH. The traders won’t find fiat currency trading, and also there is no trading against the BTC.
|
Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.
|
|---|---|---|
| Founding Date | Founding Date 2018 | Founding Date 2011 |
| Country | Country China | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Chinese | Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Hong Kong (The exchange does not disclose the exact location of its office) | Full address Payward Trading Ltd c/o SHRM Trustees (BVI) Limited Trinity Chambers, P.O. Box 4301 Road Town, Tortola, VG1110 British Virgin Islands |
| Fees |
Fees
Deposits: Free Trades: All trades are charged 0.15%, This is calculated by taking the (amount * purchase price * .0015). Any portion of an order that has not to execute, will be refunded fully upon the cancellation of the order. Minimum Trade Amount: ETH trading pair: minimum order size is 0.01ETH or 0.01 ETH equivalent. USDT trading pair: minimum order size is 10USDT or 10USDT equivalent. BTC trading pair: minimum order size is 0.0003BTC or equivalent. Withdrawals: Withdrawal fees are regularly adjusted according to blockchain conditions. You could also check the withdrawal fee or Minimum Withdrawal on the withdrawal page of the exact token/coin. A withdrawal fee will be deducted from your withdrawal amount. Since the blockchain asset has a large price fluctuation in the short term, Bilaxy reserves the right to modify the withdrawal fee according to the current token price and block network situation. Generally, the exact tokens deducted as a withdraw fee will be updated WEEKLY. |
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 |
Trading
Bilaxy trading volume is 986,043,033.0. The exchange has 157 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
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.
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
| 986043033 | 90468680 |
Pairs
| 157 | 99 |
Coins
| 134 | 26 |
Fiat trading
| - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 986043033 | Volume 90468680 |
|---|---|---|
| Pairs | Pairs 157 | Pairs 99 |
| Coins | Coins 134 | Coins 26 |
| Fiat trading | Fiat trading - | Fiat trading |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Unverified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| bilaxy.com | r.kraken.com |
| @Bilaxy_exchange | Krakenfx |
Number of followers
| 3963 | 376000 |
| Website | Website bilaxy.com | Website r.kraken.com |
|---|---|---|
| Twitter @Bilaxy_exchange | Twitter Krakenfx | |
| Number of followers | Number of followers 3963 | Number of followers 376000 |
Rating
| User rating | 17 user reviews | 22 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bilaxy user rating is 3.0, based on 17 user reviews. Kraken user rating is 3.5, based on 22 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? |
On this page, you can compare Bilaxy with Kraken. 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. Bilaxy was founded in 2018 in China. Kraken was founded in 2011 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.
Bilaxy is Centralized and Kraken is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bilaxy has a mobile app available for iOS and Android. Kraken has a mobile app available for iOS and Android.
Bilaxy has 2 languages available, including English and Chinese. Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese.