Compare Kraken vs Novaexchange

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On this page, you can compare Kraken with Novaexchange. 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. Novaexchange was founded in 2016 in Sweden.

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 Novaexchange 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. Novaexchange 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.

Company
User rating User rating 3.4 / 5 21 user reviews User rating 2.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 0.0 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 2.63 / 5

User rating

3.4 / 5 21 user reviews 2.3 / 5 3 user reviews

Cryptogeek rating

4.0 / 5 0.0 / 5

Trust Score

How it works
4.08 / 5 2.63 / 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.
Novaexchange is a Centralized cryptocurrency exchange based in the Sweden. The exchange was launched in 2016. Its reported volume is about 0 $ as for 8 October 2019. Novaexchange has 0 available trading pairs and 60 coins. Deposits are Free on the exchange. Novaexchange doesn't have Fiat deposits op...

Founding Date

2011 2016

Country

USA Sweden

Type

Centralized Centralized

Languages

English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese No data

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 No data

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
No data
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.
Novaexchange is a Centralized cryptocurrency exchange based in the Sweden. The exchange was launched in 2016. Its reported volume is about 0 $ as for 8 October 2019. Novaexchange has 0 available trading pairs and 60 coins. Deposits are Free on the exchange. Novaexchange doesn't have Fiat deposits op...
Founding Date Founding Date 2011 Founding Date 2016
Country Country USA Country Sweden
Type Type Centralized Type Centralized
Languages Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese Languages No data
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 No data
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 No data

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.

Novaexchange trading volume is 0. The exchange has 72 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 0

Pairs

99 72

Coins

26 60

Fiat trading

-

Deposit

Depends on currency and volume Free

Fees

Percentage Percentage

Margin

-
Volume Volume 90468680 Volume 0
Pairs Pairs 99 Pairs 72
Coins Coins 26 Coins 60
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 novaexchange.com

Twitter

Krakenfx @nova_exchange

Number of followers

376000 28742
Website Website r.kraken.com Website novaexchange.com
Twitter Twitter Krakenfx Twitter @nova_exchange
Number of followers Number of followers 376000 Number of followers 28742

Rating

User rating User rating 3.4 / 5 21 user reviews User rating 2.3 / 5 3 user reviews
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. Novaexchange user rating is 2.3, based on 3 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: 2.63 / 5
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On this page, you can compare Kraken with Novaexchange. 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. Novaexchange was founded in 2016 in Sweden.

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 Novaexchange 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. Novaexchange 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.