Compare Kraken vs KuCoin

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Kraken and KuCoin are two popular cryptocurrency exchanges in the market, each with their own unique features and user base. Kraken is a well-established exchange with a strong focus on security and compliance, while KuCoin is a newer exchange with a focus on altcoins and innovative features. In this article, we will compare Kraken and KuCoin in terms of features, fees, security, ease of use, and customer support.

Features

Kraken is known for its advanced trading features, including margin trading and futures trading, as well as a wide selection of cryptocurrencies for trading. The platform also offers a customizable dashboard and a mobile app that allows users to trade on the go. In addition, Kraken has an API that allows developers to build custom trading bots and algorithms.
KuCoin, on the other hand, is known for its focus on altcoins and innovative features. The platform offers a wide selection of cryptocurrencies, including many lesser-known coins, and has a built-in rewards program for users who hold the platform's native token, KCS. KuCoin also offers a mobile app and an API for developers.

Fees

Fees are a crucial factor to consider when choosing a cryptocurrency exchange. Kraken's fees are relatively low compared to other exchanges, with a trading fee ranging from 0% to 0.26% depending on the trading volume. The platform also offers a fee discount program for high-volume traders. Withdrawal fees vary depending on the cryptocurrency.
KuCoin charges a trading fee of 0.1%, which is slightly lower than Kraken's fees. In addition, KuCoin offers a fee discount program for users who hold KCS, with discounts ranging from 1% to 30% depending on the user's KCS holdings. Withdrawal fees also vary depending on the cryptocurrency.

Security

Security is a top concern for anyone operating on a cryptocurrency exchange. Kraken has a strong reputation for security and compliance, with advanced security features such as two-factor authentication, cold storage of user funds, and insurance protection for user funds. In addition, Kraken has never suffered a major security breach in its history.
KuCoin also takes security seriously and offers two-factor authentication, as well as a verification process for users to ensure that their accounts are secure. The platform also uses cold storage for the majority of user funds and has implemented additional security measures to protect user data. However, KuCoin did suffer a major security breach in September 2020, in which hackers stole over $250 million worth of cryptocurrencies.

Ease of use

Both Kraken and KuCoin offer user-friendly interfaces that are easy to navigate, even for beginners. Kraken's interface is known for its advanced trading features and customizable dashboard, while KuCoin's interface is known for its focus on altcoins and innovative features. Both platforms also offer mobile apps for trading on the go.

Customer support

Both Kraken and KuCoin offer customer support through multiple channels, including email, phone, and live chat. Kraken also offers a comprehensive help center with answers to frequently asked questions, while KuCoin offers a knowledge base with helpful articles and tutorials.

Conclusion

Overall, Kraken and KuCoin are both reliable cryptocurrency exchanges with their own unique features and user base. Kraken is an established exchange with a strong focus on security and compliance, while KuCoin is a newer exchange with a focus on altcoins and innovative features. While both platforms offer low trading fees and user-friendly interfaces, Kraken is likely the better choice for users who prioritize security and compliance, while KuCoin may be a better choice for users who are interested in trading a wide selection of altcoins and taking advantage of the platform's rewards program. Ultimately, the choice between Kraken and KuCoin will depend on the specific needs of the user.

Company
User rating User rating 3.4 / 5 21 user reviews User rating 3.4 / 5 16 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.99 / 5

User rating

3.4 / 5 21 user reviews 3.4 / 5 16 user reviews

Cryptogeek rating

4.0 / 5 4.0 / 5

Trust Score

How it works
4.08 / 5 3.99 / 5

About

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.
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.

Founding Date

2011 2017

Country

USA Hong Kong

Type

Centralized Centralized

Languages

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

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 Mahé (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
Tier Min. KCS holding (30 days) 30-day trade volume in BTC Maker/Taker fee KCS Pay fees
LV 1 1,000 ≥50 0.09%/0.1% 0.072%/0.08%
LV 2 10,000 ≥200 0.07%/0.09% 0.056%/0.072%
LV 3 20,000 ≥500 0.05%/0.08% 0.04%/0.064%
LV 4 30,000 ≥1,000 0.03%/0.07% 0.024%/0.056%
LV 5 40,000 ≥2,000 0%/0.07% 0%/0.056%
LV 6 50,000 ≥4,000 0%/0.06% 0%/0.048%
LV 7 60,000 ≥8,000 0%/0.05% 0%/0.04%
LV 8 70,000 ≥15,000 -0.005%/0.045% -0.005%/0.036%
LV 9 80,000 ≥25,000 -0.005%/0.04% -0.005%/0.032%
LV 10 90,000 ≥40,000 -0.005%/0.035% -0.005%/0.028%
LV 11 100,000 ≥60,000 -0.005%/0.03% -0.005%/0.024%
LV 12 150,000 ≥80,000 -0.005%/0.025% -0.005%/0.02%

Full fee schedule:
https://www.kucoin.com/vip/level
About
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.
KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.
Founding Date Founding Date 2011 Founding Date 2017
Country Country USA Country Hong Kong
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese Languages English, Portuguese, German, French, Spanish, Italian, Chinese, Vietnamese, Turkish, Indonesian
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 Mahé (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 Tier Min. KCS holding (30 days) 30-day trade volume in BTC Maker/Taker fee KCS Pay fees
LV 1 1,000 ≥50 0.09%/0.1% 0.072%/0.08%
LV 2 10,000 ≥200 0.07%/0.09% 0.056%/0.072%
LV 3 20,000 ≥500 0.05%/0.08% 0.04%/0.064%
LV 4 30,000 ≥1,000 0.03%/0.07% 0.024%/0.056%
LV 5 40,000 ≥2,000 0%/0.07% 0%/0.056%
LV 6 50,000 ≥4,000 0%/0.06% 0%/0.048%
LV 7 60,000 ≥8,000 0%/0.05% 0%/0.04%
LV 8 70,000 ≥15,000 -0.005%/0.045% -0.005%/0.036%
LV 9 80,000 ≥25,000 -0.005%/0.04% -0.005%/0.032%
LV 10 90,000 ≥40,000 -0.005%/0.035% -0.005%/0.028%
LV 11 100,000 ≥60,000 -0.005%/0.03% -0.005%/0.024%
LV 12 150,000 ≥80,000 -0.005%/0.025% -0.005%/0.02%

Full fee schedule:
https://www.kucoin.com/vip/level

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.

KuCoin trading volume is 36,168,422.0. The exchange has 445 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

90468680 36168422

Pairs

99 445

Coins

26 223

Fiat trading

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

Volume Volume 90468680 Volume 36168422
Pairs Pairs 99 Pairs 445
Coins Coins 26 Coins 223
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 www.kucoin.com

Twitter

Krakenfx @kucoincom

Number of followers

376000 337999
Website Website r.kraken.com Website www.kucoin.com
Twitter Twitter Krakenfx Twitter @kucoincom
Number of followers Number of followers 376000 Number of followers 337999

Rating

User rating User rating 3.4 / 5 21 user reviews User rating 3.4 / 5 16 user reviews
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. KuCoin user rating is 3.4, based on 16 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
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Trust Score: 3.99 / 5
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On this page, you can compare Kraken with KuCoin. 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. KuCoin was founded in 2017 in Hong Kong.

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 KuCoin 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. KuCoin 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. KuCoin has 10 languages available, including English, Portuguese, German, French, Spanish, Italian, Chinese, Vietnamese, Turkish and Indonesian.