Compare Kraken vs ProBit Exchange
On this page, you can compare Kraken with ProBit Exchange. 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. ProBit Exchange was founded in 2018 in 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 ProBit Exchange 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. ProBit Exchange has a mobile app available for Android.
Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. ProBit Exchange has 27 languages available, including English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish and Serbian.
| Company | ||
|---|---|---|
| User rating | 21 user reviews | 10 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 21 user reviews | 10 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
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.
|
ProBit is the centralized crypto exchange registered in Seychelles. It was founded in South Korea in 2018. The exchange can be accessed via a web browser or via an Android-based app. The iOS version doesn't exist as of March 2022. ProBit is a relatively successful platform. It is one of the 100 crypto exchanges with the highest liquidity; however, only several trading pairs have somewhat good liquidity. If you decide to trade on ProBit, you should be prepared for spreads.
|
Founding Date
| 2011 | 2018 |
Country
| USA | Korea |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish, Serbian |
Mobile app
| iOS, Android | 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 | 30, Teheran-ro 8-gil Seoul, 06240, South Korea |
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 0.0005 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://support.probit.com/hc/en-us/articles/360017844972-Trading-Fee-Structure-at-ProBit |
| 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.
|
ProBit is the centralized crypto exchange registered in Seychelles. It was founded in South Korea in 2018. The exchange can be accessed via a web browser or via an Android-based app. The iOS version doesn't exist as of March 2022. ProBit is a relatively successful platform. It is one of the 100 crypto exchanges with the highest liquidity; however, only several trading pairs have somewhat good liquidity. If you decide to trade on ProBit, you should be prepared for spreads.
|
|---|---|---|
| Founding Date | Founding Date 2011 | Founding Date 2018 |
| Country | Country USA | Country Korea |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | Languages English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish, Serbian |
| Mobile app | Mobile app iOS, Android | Mobile app 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 30, Teheran-ro 8-gil Seoul, 06240, South Korea |
| 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 0.0005 Withdrawal Fee • 0.20% Taker Fee • 0.20% Maker Fee Full fee schedule: https://support.probit.com/hc/en-us/articles/360017844972-Trading-Fee-Structure-at-ProBit |
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.
ProBit Exchange trading volume is 32,441,282.0. The exchange has 796 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 | 32441282 |
Pairs
| 99 | 796 |
Coins
| 26 | 536 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 90468680 | Volume 32441282 |
|---|---|---|
| Pairs | Pairs 99 | Pairs 796 |
| Coins | Coins 26 | Coins 536 |
| 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.probit.com |
| Krakenfx | @ProBit_Exchange |
Number of followers
| 376000 | 80200 |
| Website | Website r.kraken.com | Website www.probit.com |
|---|---|---|
| Twitter Krakenfx | Twitter @ProBit_Exchange | |
| Number of followers | Number of followers 376000 | Number of followers 80200 |
Rating
| User rating | 21 user reviews | 10 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Kraken user rating is 3.4, based on 21 user reviews. ProBit Exchange user rating is 3.0, based on 10 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 Kraken with ProBit Exchange. 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. ProBit Exchange was founded in 2018 in 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 ProBit Exchange 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. ProBit Exchange has a mobile app available for Android.
Kraken has 14 languages available, including English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian and Taiwanese. ProBit Exchange has 27 languages available, including English, Japanese, Portuguese, German, French, Spanish, Greek, Korean, Russian, Chinese, Traditional Chinese, Vietnamese, Turkish, Indonesian, Malay, Thai, Danish, Polish, Czech, Slovene, Slovak, Ukrainian, Estonian, Taiwanese, Romanian, Swedish and Serbian.