Compare Kraken vs TRX Market
On this page, you can compare Kraken with TRX Market. 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. TRX Market was founded in 2019.
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 TRX Market is Decentralized. 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. TRX Market 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. TRX Market has 4 languages available, including English, Japanese, Korean and Chinese.
| Company | ||
|---|---|---|
| User rating | 21 user reviews | 2 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 21 user reviews | 2 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.
|
TRX Market is a Decentralized cryptocurrency exchange based in the N/A. The exchange was launched in 2018. Its reported volume is about 0 $ as for 8 October 2019.
TRX Market has 7 available trading pairs and 6 coins. Deposits are on the exchange.
TRX Market doesn't have Fiat deposits option. Margin...
|
Founding Date
| 2011 | 2019 |
Country
| USA | International |
Type
| Centralized | Decentralized |
Languages
| English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | English, Japanese, Korean, Chinese |
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.
|
TRX Market is a Decentralized cryptocurrency exchange based in the N/A. The exchange was launched in 2018. Its reported volume is about 0 $ as for 8 October 2019.
TRX Market has 7 available trading pairs and 6 coins. Deposits are on the exchange.
TRX Market doesn't have Fiat deposits option. Margin...
|
|---|---|---|
| Founding Date | Founding Date 2011 | Founding Date 2019 |
| Country | Country USA | Country International |
| Type | Type Centralized | Type Decentralized |
| Languages | Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | Languages English, Japanese, Korean, Chinese |
| 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.
TRX Market trading volume is 209,365.0. The exchange has 20 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 | 209365 |
Pairs
| 99 | 20 |
Coins
| 26 | 20 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 90468680 | Volume 209365 |
|---|---|---|
| Pairs | Pairs 99 | Pairs 20 |
| Coins | Coins 26 | Coins 20 |
| 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 | poloniex.org |
| Krakenfx | @PoloniDEX |
Number of followers
| 376000 | 17800 |
| Website | Website r.kraken.com | Website poloniex.org |
|---|---|---|
| Twitter Krakenfx | Twitter @PoloniDEX | |
| Number of followers | Number of followers 376000 | Number of followers 17800 |
Rating
| User rating | 21 user reviews | 2 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Kraken user rating is 3.4, based on 21 user reviews. TRX Market user rating is 3.5, based on 2 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 TRX Market. 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. TRX Market was founded in 2019.
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 TRX Market is Decentralized. 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. TRX Market 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. TRX Market has 4 languages available, including English, Japanese, Korean and Chinese.