Compare Kraken vs Okcoin

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On this page, you can compare Kraken with Okcoin. 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. Okcoin was founded in 2013 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 Okcoin 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. Okcoin 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. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.

Company
User rating User rating 3.4 / 5 21 user reviews User rating 2.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 4.08 / 5 Trust Score 3.68 / 5

User rating

3.4 / 5 21 user reviews 2.0 / 5 3 user reviews

Cryptogeek rating

4.0 / 5 3.8 / 5

Trust Score

How it works
4.08 / 5 3.68 / 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.
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.

Founding Date

2011 2013

Country

USA USA

Type

Centralized Centralized

Languages

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

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 Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085

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
User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html
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.
Okcoin was created in China by Star Xu in 2013. Star Xu has a background in search systems and tech management. Before launching an exchange, he was working for Alibaba and Yahoo. Later, he created one of the top crypto exchanges — OKEx.
Founding Date Founding Date 2011 Founding Date 2013
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, Portuguese, Spanish, Chinese
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 Room 328, Block D, Yiquanhui, Shangdi East Rd, Haidian, Beijing, China 100085
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 User Tier | 30-day Trading Volume (USD) | Maker Fee | Taker Fee
Lv1 < 100,000 0.10% 0.20%
P1 ≥ 100,000 0.07% 0.14%
P2 ≥ 500,000 0.05% 0.10%
P3 ≥ 2,000,000 0.03% 0.08%
P4 ≥ 5,000,000 0.01% 0.07%
P5 ≥ 10,000,000 -0.005% 0.06%
P6 ≥ 20,000,000 -0.01% 0.04%
P7 > 30,000,000 -0.01% 0.03% .

Full fee schedule:
https://www.okcoin.com/fees.html

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.

Okcoin trading volume is 2,556,040.0. The exchange has 34 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 2556040

Pairs

99 34

Coins

26 26

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 90468680 Volume 2556040
Pairs Pairs 99 Pairs 34
Coins Coins 26 Coins 26
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 www.okcoin.com

Twitter

Krakenfx @OKcoin

Number of followers

376000 98700
Website Website r.kraken.com Website www.okcoin.com
Twitter Twitter Krakenfx Twitter @OKcoin
Number of followers Number of followers 376000 Number of followers 98700

Rating

User rating User rating 3.4 / 5 21 user reviews User rating 2.0 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 3.8 / 5

Cryptogeek summary

Kraken user rating is 3.4, based on 21 user reviews. Okcoin user rating is 2.0, 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 Write review

On this page, you can compare Kraken with Okcoin. 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. Okcoin was founded in 2013 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 Okcoin 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. Okcoin 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. Okcoin has 4 languages available, including English, Portuguese, Spanish and Chinese.