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Home Platforms Balancer vs Kraken

Compare Balancer vs Kraken

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Pros & Cons

tick $605,836,671 USD currently invested (TVL)
tick Investments in 190 coin pairs available
tick Supports 4 protocols including Arbitrum, Ethereum and Polygon
tick Been in business longer than Kraken (Founded 2007 vs 2011)
tick Balancer is decentralised, but Kraken is not
tick Know your customer checks are required on Balancer but not on Kraken
tick One of the biggest crypto exchanges in the world
tick Large selection of supported cryptocurrencies
tick Very competitive maker and taker fees
tick Available in almost all countries
tick Higher average review rating than Balancer (89% vs 87%)
tick More reviews than Balancer (12,750 vs 2 reviews)
tick Interface supports English, French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino whereas Balancer doesn't
Staking Rates
tick Balancer will pay interest on 3 fiat currency deposits not offered by Kraken:
20WETH-80BAL-TETUBAL (20WETH-80BAL-TETUBAL)
B-80BAL-20WETH-AURABAL (B-80BAL-20WETH-AURABAL)
B-80BAL-20WETH-SDBAL (B-80BAL-20WETH-SDBAL)
More ...
tick Balancer will pay interest on USDC (D2D-USDC) stable coin deposits whereas Kraken does not
2 more stakings rates pros ...
Staking Rates
tick Kraken will pay interest on 12 crypto currency deposits not offered by Balancer:
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
cross A bit complex for beginners
cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users
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Reviews

87% based on 2 reviews
89% based on 12,750 reviews
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Staking Rates

The table below compares the staking rates for Balancer and Kraken.
Fiat Currencies
20WETH-80BAL-TETUBAL 20WETH-80BAL-TETUBAL
2.33%
2.33%
B-80BAL-20WETH-AURABAL B-80BAL-20WETH-AURABAL
1.97%
1.97%
B-80BAL-20WETH-SDBAL B-80BAL-20WETH-SDBAL
0.08%
0.08%
Stable Coins
D2D-USDC USDC
0.28%
0.28%
Crypto Currencies
ACX-WSTETH ACX-WSTETH
1.13%
1.13%
AGA-WSTETH-USDC-STMATIC-AGAR AGA-WSTETH-USDC-STMATIC-AGAR
0.37%
0.37%
AGEUR-BB-AGEUR-EURE-EURE AGEUR-BB-AGEUR-EURE-EURE
0.05%
0.05%
AGVE-GNO AGVE-GNO
<&nbsp;0.01%
<&nbsp;0.01%
ANKR-ANKRETH ANKR-ANKRETH
0.36%
0.36%
APE-TEL APE-TEL
0.18%
0.18%
ARCH-WETH ARCH-WETH
0.11%
0.11%
ASX-WETH ASX-WETH
0.13%
0.13%
AURA-WSTETH-BAL AURA-WSTETH-BAL
0.56%
0.56%
AURABAL-GRAVIAURA-WETH AURABAL-GRAVIAURA-WETH
15.7%
15.7%
AURABAL-WSTETH Lido wstETH
0.17%
0.17%
AVAX-WETH-SOL AVAX-WETH-SOL
0.07%
0.07%
AXS-TEL AXS-TEL
0.04%
0.04%
BADGER-RETH BADGER-RETH
4.96%
4.96%
BAL-AURA-ARB BAL-AURA-ARB
0.54%
0.54%
BAL-GNO-BB-WETH-WSTETH-WXDAI BAL-GNO-BB-WETH-WSTETH-WXDAI
0.52%
0.52%
BAL-TEL BAL-TEL
0.6%
0.6%
BAL-WETH BAL-WETH
0.71%
0.71%
BANK-WETH BANK-WETH
<&nbsp;0.01%
<&nbsp;0.01%
COIL-USDC COIL-USDC
0.25%
0.25%
COMP-WETH COMP-WETH
2.44%
2.44%
COW-GNO COW-GNO
0.06%
0.06%
COW-WSTETH COW-WSTETH
0.48%
0.48%
CRV-TEL CRV-TEL
0.75%
0.75%
CVC-PNT-DATA-OCEAN-POLY-USDC-WETH-ENJ CVC-PNT-DATA-OCEAN-POLY-USDC-WETH-ENJ
7.07%
7.07%
DAI-USDC-USDT DAI-USDC-USDT
1.46%
1.46%
DAI-WETH DAI-WETH
0.28%
0.28%
DFX-WETH DFX-WETH
1.27%
1.27%
DNT-WBTC-VEE-KEY-SNT-QSP-WETH DNT-WBTC-VEE-KEY-SNT-QSP-WETH
10%
10%
DOLA-USDC DOLA-USDC
5.63%
5.63%
ETHX-WETH ETHX-WETH
0.18%
0.18%
EURE-STABAL3-STABAL3-EURE Monerium EUR emoney
0.24%
0.24%
GHO-WSTETH GHO-WSTETH
3.02%
3.02%
GHST-TEL GHST-TEL
0.44%
0.44%
GNO-COW GNO-COW
0.27%
0.27%
GNO-WETH GNO-WETH
0.06%
0.06%
GRAIN-WETH-OATH-USDC GRAIN-WETH-OATH-USDC
4.33%
4.33%
GRO-WETH GRO-WETH
3.48%
3.48%
GRT-TEL GRT-TEL
0.33%
0.33%
HDAO-WETH HDAO-WETH
0.01%
0.01%
IDLE-USDC IDLE-USDC
15.5%
15.5%
INV-DOLA INV-DOLA
8.83%
8.83%
KACY-WETH WETH
6.16%
6.16%
LDO-WETH LDO-WETH
0.28%
0.28%
LDO-WSTETH LDO-WSTETH
3.65%
3.65%
LINK-TEL LINK-TEL
0.39%
0.39%
LINK-WETH LINK-WETH
0.2%
0.2%
LINK-WETH-BAL-AAVE LINK-WETH-BAL-AAVE
2.62%
2.62%
LUSD-LCNY-WETH LUSD-LCNY-WETH
42.1%
42.1%
LUSD-LQTY-WETH LUSD-LQTY-WETH
0.88%
0.88%
LUSD-OHM LUSD-OHM
0.01%
0.01%
MAGIC-USDC MAGIC-USDC
3.2%
3.2%
MANA-TEL MANA-TEL
0.23%
0.23%
MATIC-WETH MATIC-WETH
<&nbsp;0.01%
<&nbsp;0.01%
MIVA-WXDAI MIVA-WXDAI
<&nbsp;0.01%
<&nbsp;0.01%
MKR-TEL MKR-TEL
0.66%
0.66%
MKR-WETH MKR-WETH
0.61%
0.61%
MPH-WETH MPH-WETH
0.22%
0.22%
OHM-DAI OHM-DAI
0.16%
0.16%
OHM-USDC OHM-USDC
0.32%
0.32%
OHM-WETH OHM-WETH
0.19%
0.19%
OHM-WSTETH OHM-WSTETH
0.02%
0.02%
PALSTKAAVE-AAVE Aave
0.02%
0.02%
PAR-MIMO PAR-MIMO
0.16%
0.16%
PAR-USDC PAR-USDC
0.02%
0.02%
PAR-WETH PAR-WETH
0.36%
0.36%
PENDLE-WETH PENDLE-WETH
4.01%
4.01%
QNT-USDC QNT-USDC
0.32%
0.32%
QOM-O-CAW QOM-O-CAW
0.39%
0.39%
R-WSTETH R-WSTETH
0.16%
0.16%
RAI-FLX-RETH-WETH-RPL RAI-FLX-RETH-WETH-RPL
3.95%
3.95%
RBN-USDC RBN-USDC
<&nbsp;0.01%
<&nbsp;0.01%
RBW-WETH RBW-WETH
1.41%
1.41%
RDNT-WETH RDNT-WETH
0.55%
0.55%
RETH-RPL RETH-RPL
0.44% - 3.3%
0.44% - 3.3%
RETH-WETH RETH-WETH
5.1%
5.1%
SAND-TEL SAND-TEL
0.86%
0.86%
SD-MATICX SD-MATICX
0.6%
0.6%
SD-WETH SD-WETH
15.4%
15.4%
SILO-WETH SILO-WETH
2.95%
2.95%
SNX-WETH SNX-WETH
1.3%
1.3%
SOL-TEL Telcoin
0.08%
0.08%
STABAL3-GNO Gnosis
0.07%
0.07%
STABAL3-USDT-USDC-WXDAI STABAL3-USDT-USDC-WXDAI
0.01%
0.01%
STABAL3-WETH-WBTC STABAL3-WETH-WBTC
<&nbsp;0.01% - 0.35%
<&nbsp;0.01% - 0.35%
STG-USDC STG-USDC
1.03%
1.03%
SYN-WETH SYN-WETH
24.3%
24.3%
TBTC-WETH TBTC-WETH
0.03%
0.03%
TEMP-WETH TEMP-WETH
0.11%
0.11%
TETU-USDC TETU-USDC
0.01%
0.01%
THX-STMATIC THX-STMATIC
0.32%
0.32%
UNI-TEL UNI-TEL
0.29%
0.29%
UNSHETH-USH UNSHETH-USH
3.48%
3.48%
USDC-AAVE-TEL USDC-AAVE-TEL
1.89%
1.89%
USDC-BAL-TEL USDC-BAL-TEL
0.64%
0.64%
USDC-BUSD-USDT USDC-BUSD-USDT
0.1%
0.1%
USDC-DAI USDC-DAI
<&nbsp;0.01%
<&nbsp;0.01%
USDC-DAI-MAI-USDT USDC-DAI-MAI-USDT
0.55%
0.55%
USDC-EURS USDC-EURS
3.46%
3.46%
USDC-FITT USDC-FITT
0.04%
0.04%
USDC-FOLD USDC-FOLD
1.24%
1.24%
USDC-GHST USDC-GHST
0.42%
0.42%
USDC-LINK-WETH-BAL-AAVE USDC-LINK-WETH-BAL-AAVE
3.42%
3.42%
USDC-PAL USDC-PAL
0.68%
0.68%
USDC-SNX-GRT-WETH USDC-SNX-GRT-WETH
0.83%
0.83%
USDC-TEL USDC-TEL
0.61%
0.61%
USDC-TEL-DFX USDC-TEL-DFX
1.38%
1.38%
USDC-THX USDC-THX
0.04%
0.04%
USDC-TNGBL USDC-TNGBL
0.02%
0.02%
USDC-TUSD USDC-TUSD
0.62%
0.62%
USDC-TUSD-DAI-USDT USDC-TUSD-DAI-USDT
0.7%
0.7%
USDC-UNIM USDC-UNIM
1.52%
1.52%
USDC-WETH USDC-WETH
0.36% - 0.67%
0.36% - 0.67%
USDC-WETH-KNC USDC-WETH-KNC
28.1%
28.1%
USDC-WETH-TEL USDC-WETH-TEL
0.59%
0.59%
VISION-WETH VISION-WETH
0.88%
0.88%
VITA-WETH VITA-WETH
7.85% - 10.9%
7.85% - 10.9%
WBTC-2BTC-TBTC WBTC-2BTC-TBTC
0.19%
0.19%
WBTC-BADGER WBTC-BADGER
0.47%
0.47%
WBTC-USDC-TEL WBTC-USDC-TEL
0.51%
0.51%
WBTC-USDC-WETH WBTC-USDC-WETH
2.06%
2.06%
WBTC-WSTETH WBTC-WSTETH
0.02%
0.02%
WBTC-WSTETH-ARB WBTC-WSTETH-ARB
1.04%
1.04%
WETH-ALCX WETH-ALCX
29.5%
29.5%
WETH-ANKRETH WETH-ANKRETH
0.12%
0.12%
WETH-ARB WETH-ARB
1.91%
1.91%
WETH-AURA WETH-AURA
0.07% - 2.48%
0.07% - 2.48%
WETH-BAL-GNO-WXDAI WETH-BAL-GNO-WXDAI
0.58%
0.58%
WETH-BICO WETH-BICO
0.3%
0.3%
WETH-BOB WETH-BOB
0.59%
0.59%
WETH-COW WETH-COW
8.11%
8.11%
WETH-ENS WETH-ENS
0.11%
0.11%
WETH-FOLD WETH-FOLD
4.38%
4.38%
WETH-GMX WETH-GMX
0.53%
0.53%
WETH-GTC WETH-GTC
0.06%
0.06%
WETH-LIT WETH-LIT
<&nbsp;0.01%
<&nbsp;0.01%
WETH-NOTE WETH-NOTE
0.16%
0.16%
WETH-PSP WETH-PSP
0.03%
0.03%
WETH-T WETH-T
0.25%
0.25%
WETH-USH WETH-USH
1.99%
1.99%
WETH-VSTA WETH-VSTA
8.29%
8.29%
WETH-WNCG WETH-WNCG
0.68%
0.68%
WETH-WSTETH-BB-WETH-WSTETH WETH-WSTETH-BB-WETH-WSTETH
<&nbsp;0.01% - <&nbsp;0.01%
<&nbsp;0.01% - <&nbsp;0.01%
WMATIC-CRV-FXS-STG-KACY-LINK-GRT-PHYPE-BAL-UNI-QUI WMATIC-CRV-FXS-STG-KACY-LINK-GRT-PHYPE-BAL-UNI-QUI
0.67%
0.67%
WMATIC-LINK-DAI-BAL-1INCH-ENS-AAVE-GTC WMATIC-LINK-DAI-BAL-1INCH-ENS-AAVE-GTC
3.09%
3.09%
WMATIC-LINK-WETH-DAI-1INCH-AAVE WMATIC-LINK-WETH-DAI-1INCH-AAVE
4.25%
4.25%
WMATIC-LUCHA Wrapped Matic
0.07%
0.07%
WMATIC-MATICX WMATIC-MATICX
0.1%
0.1%
WMATIC-SPHERE WMATIC-SPHERE
0.44%
0.44%
WMATIC-STMATIC WMATIC-STMATIC
0.01%
0.01%
WMATIC-USDC-MASQ WMATIC-USDC-MASQ
1.61%
1.61%
WMATIC-USDC-TEL WMATIC-USDC-TEL
0.85%
0.85%
WMATIC-USDC-WETH-BAL WMATIC-USDC-WETH-BAL
1.37%
1.37%
WMATIC-WBTC-LINK-WETH-DAI-BAL-1INCH-AAVE WMATIC-WBTC-LINK-WETH-DAI-BAL-1INCH-AAVE
3.63%
3.63%
WMATIC-WETH-MTA WMATIC-WETH-MTA
0.18%
0.18%
WSTETH-ANKRETH WSTETH-ANKRETH
2.43%
2.43%
WSTETH-BETS WSTETH-BETS
0.16%
0.16%
WSTETH-COMP WSTETH-COMP
32.4%
32.4%
WSTETH-GNO WSTETH-GNO
0.03%
0.03%
WSTETH-MASQ WSTETH-MASQ
0.47%
0.47%
WSTETH-USDC WSTETH-USDC
0.03%
0.03%
XAI-USDC XAI-USDC
0.54%
0.54%
Y2K-WETH Y2K-WETH
0.54%
0.54%
YFI-WETH YFI-WETH
0.67%
0.67%
Loading rates ...
Fiat Currencies
Stable Coins
Crypto Currencies
ADA Cardano
5%
5%
ALGO Algorand
4.75%
4.75%
ATOM Cosmos
7.5%
7.5%
BTC Bitcoin
0.25%
0.25%
DOT Polkadot
12%
12%
ETH Ethereum
5.5%
5.5%
FLOW Flow
7.5%
7.5%
KAVA Kava
23%
23%
KSM Kusama
18%
18%
MINA Mina
16%
16%
SOL Solana
6.5%
6.5%
XTZ Tezos
4.7%
4.7%
Loading rates ...
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Company

Automatic market maker
tick Yes
Automatic market maker
Legal name
Legal name
Payward Inc
Year founded
2007
Year founded
2011
Country incorporated in
Country incorporated in
2
Headquarters country
Headquarters country
2
Platform token
Balancer
Platform token
Decentralised
tick Yes
Decentralised
cross No
Open source
tick Yes
Open source
Number of employees
Number of employees
250
Number of users
Number of users
4,000,000
Total assets under management
Total assets under management
$10,000,000,000USD
Non-custodial
tick Yes
Non-custodial
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Products

Savings accounts
Savings accounts
tick Yes
Loans
Loans
cross No
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
tick Yes
Fiat to crypto exchange
Fiat to crypto exchange
tick Yes
Pro exchange marketplace
Pro exchange marketplace
tick Yes
Peer to peer exchange
Peer to peer exchange
cross No
Margin trading
Margin trading
tick Yes
Corporate accounts
Corporate accounts
tick Yes
Instantly buy crypto with fiat
Instantly buy crypto with fiat
tick Yes
Integrated crypto wallet
Integrated crypto wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
tick Yes
Fast account verification
Fast account verification
cross No
Futures exchange
Futures exchange
tick Yes
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Security

Cold storage
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
Self custody
Two factor authentication
Two factor authentication
tick Yes
Credit check
Credit check
cross No
Go To Platform
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Support

24/7 support
24/7 support
tick Yes
Email support
Email support
tick Yes
Phone support
Phone support
tick Yes
Chat support
Chat support
tick Yes
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Fees

Maker fee
Maker fee
0%
Taker fee
Taker fee
0%
Exchange fees
Exchange fees
Maker and taker fees vary by 30 day trade volume and go as low as 0% maker fee and 0.1% taker fee for traders exchanging more than $10,000,000 per month
Fiat deposit fee
Fiat deposit fee
tick Free
Fiat withdrawal fee
Fiat withdrawal fee
tick Free
Crypto deposit fee
Crypto deposit fee
tick Free
Crypto withdrawal fee
Crypto withdrawal fee
tick Free
Crypto wallet withdrawal limit
Crypto wallet withdrawal limit
Starter accounts: $5,000 per day. Intermediate accounts: $500,000 per day. Pro accounts: $10,000,000 per day
Fiat wallet withdrawal limit
Fiat wallet withdrawal limit
Express accounts: $9,000 per day. Intermediate accounts: $100,000 per day. Pro accounts: $10,000,000 per day.
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Investment Strategy

Independent proof of reserves
Independent proof of reserves
tick Yes
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Registrations & Regulation

Know your customer
cross No
Know your customer
tick Yes
Regulators
Regulators
Regulated by FinCEN in the USA, FINTRAC in Canada, FCA in the UK, the Australian Transaction Reports and Analysis Centre in Australia and the FSA in Japan
Financial Crimes Enforcement Network
Financial Crimes Enforcement Network
tick Yes
Financial Conduct Authority
Financial Conduct Authority
tick Yes
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
tick Yes
Australian Securities and Investment Commission - Registration as Foreign Company
Australian Securities and Investment Commission - Registration as Foreign Company
tick Yes
Financial Services Agency - Crypto Asset Exchange Operator
Financial Services Agency - Crypto Asset Exchange Operator
tick Yes
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Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

Why Compare With Definda?

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We always rank and compare products objectively and impartially.

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