XGo vs Kraken Compare
In the world of technology and software development, choosing the right tool for the job can be a tough decision. Two robust, powerful options frequently in the conversation are XGo and Kraken. This article will delve deep into a side-by-side comparison of XGo and Kraken, evaluating their strengths, weaknesses, and overall performance.
| Company | ||
|---|---|---|
| User rating | 21 user reviews | 4 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 21 user reviews | 4 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
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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.
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XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
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Founding Date
| 2011 | 2021 |
Country
| USA | United Kingdom |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | English |
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 | London, UK |
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$: 0.00% Maker | 0.10% Taker Full fee schedule: https://www.kraken.com/en-us/features/fee-schedule https://support.kraken.com/hc/en-us/articles/360000767986-Cryptocurrency-withdrawal-fees-and-minimums |
No data |
| About |
Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.
|
XGo is a multi-purpose cryptocurrency platform or a neobank, as the XGo website puts it. The functionality of XGo combines numerous features. The company aims to replace the traditional financial system using cryptocurrency. XGo strives to make its service intuitive and introduce the benefits of cryptocurrencies to the masses.
|
|---|---|---|
| Founding Date | Founding Date 2011 | Founding Date 2021 |
| Country | Country USA | Country United Kingdom |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, French, Spanish, Italian, Russian, Chinese, Vietnamese, Turkish, Filipino, Thai, Ukrainian, Taiwanese | Languages English |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Payward Trading Ltd c/o SHRM Trustees (BVI) Limited Trinity Chambers, P.O. Box 4301 Road Town, Tortola, VG1110 British Virgin Islands | Full address London, UK |
| Fees |
Fees
< 50,000$: 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.
XGo trading volume is 0. The exchange has 300 available trading pairs. Fiat trading is not 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 | 0 |
Pairs
| 99 | 300 |
Coins
| 26 | 200 |
Fiat trading
| - |
Deposit
| Depends on currency and volume | Free |
Fees
| Percentage | No data |
Margin
| Volume | Volume 90468680 | Volume 0 |
|---|---|---|
| Pairs | Pairs 99 | Pairs 300 |
| Coins | Coins 26 | Coins 200 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Depends on currency and volume | Deposit Free |
| Fees | Fees Percentage | Fees No data |
| Margin | Margin | Margin |
Safety
Two factor authentication
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| r.kraken.com | xgo.com |
| Krakenfx | @XGo_official |
Number of followers
| 376000 | 2880 |
| Website | Website r.kraken.com | Website xgo.com |
|---|---|---|
| Twitter Krakenfx | Twitter @XGo_official | |
| Number of followers | Number of followers 376000 | Number of followers 2880 |
Rating
| User rating | 21 user reviews | 4 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In conclusion, both XGo and Kraken have their unique strengths in the software development world. Your choice between the two would likely hinge on your specific needs, objectives, and the nature of your project. This comparison should provide a comprehensive understanding to assist you in making the best choice for your software development tools.
| 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 XGo. 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. XGo was founded in 2021 in United Kingdom.
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 XGo 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. XGo 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. XGo has 1 language available, which is English.