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Home Platforms Bittrex vs Kraken

Compare Bittrex vs Kraken

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Pros & Cons

tick Fast, professional exchange
tick Low competitive fees
tick Wide selection of cryptos
tick Available to US customers
tick Account verification in less than 1 hour available on Bittrex 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 Bittrex (89% vs 87%)
tick More reviews than Bittrex (12,752 vs 5,264 reviews)
tick Higher rating on Trustpilot than Bittrex (2.7 vs 1.3 stars)
tick Been in business longer than Bittrex (Founded 2011 vs 2014)
tick Has fewer users than Bittrex
tick Offers savings accounts but Bittrex doesn't
tick Has email support but Bittrex doesn't
tick Has phone support but Bittrex doesn't
tick Has a higher maker fee than Bittrex
tick Has a higher taker fee than Bittrex
tick Interface supports French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino whereas Bittrex doesn't
Staking Rates
tick Kraken will pay interest on 12 crypto currency deposits not offered by Bittrex:
cross Not suitable for beginers
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 5,264 reviews
89% based on 12,752 reviews
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Staking Rates

The table below compares the staking rates for Bittrex and Kraken.
Crypto Currencies
Loading rates ...
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

Legal name
Bittrex Global GmbH
Legal name
Payward Inc
Year founded
2014
Year founded
2011
Country incorporated in
134
Country incorporated in
2
Headquarters country
134
Headquarters country
2
Decentralised
cross No
Decentralised
cross No
Number of employees
260
Number of employees
250
Number of users
500,000
Number of users
4,000,000
Total assets under management
Total assets under management
$10,000,000,000USD
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Products

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

Insurance level
$300,000,000USD
Insurance level
Cold storage
tick Yes
Cold storage
tick Yes
Cold storage custodian
Cold storage custodian
Self custody
Two factor authentication
tick Yes
Two factor authentication
tick Yes
Credit check
cross No
Credit check
cross No
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Support

24/7 support
24/7 support
tick Yes
Email support
cross No
Email support
tick Yes
Phone support
cross No
Phone support
tick Yes
Chat support
tick Yes
Chat support
tick Yes
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Fees

Maker fee
0%
Maker fee
0%
Taker fee
0%
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
tick Free
Fiat deposit fee
tick Free
Fiat withdrawal fee
tick Free
Fiat withdrawal fee
tick Free
Crypto deposit fee
tick Free
Crypto deposit fee
tick Free
Crypto withdrawal fee
Network transaction fee varies by network
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
tick Yes
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
Georgia - Seller of Payment Instructions
tick Yes
Georgia - Seller of Payment Instructions
Idaho - Department of Finance - Money Transmitter License
tick Yes
Idaho - Department of Finance - Money Transmitter License
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
tick Yes
Illinois - Department of Financial and Professional Regulation - Money Transmitter License
Kansas - Office of the State Bank Commissioner - Money Transmitter License
tick Yes
Kansas - Office of the State Bank Commissioner - Money Transmitter License
Maryland - Money Transmitter License
tick Yes
Maryland - Money Transmitter License
Minnesota - Department of Commerce - Money Transmitter License
tick Yes
Minnesota - Department of Commerce - Money Transmitter License
North Carolina - Money Transmitter License
tick Yes
North Carolina - Money Transmitter License
Nebraska - Money Transmitter License
tick Yes
Nebraska - Money Transmitter License
New Hampshire - Banking Department - Money Transmitter License
tick Yes
New Hampshire - Banking Department - Money Transmitter License
New Jersey - Money Transmitter License
tick Yes
New Jersey - Money Transmitter License
Ohio - Money Transmitter License
tick Yes
Ohio - Money Transmitter License
Oregon - Division of Financial Regulation - Money Transmitter License
tick Yes
Oregon - Division of Financial Regulation - Money Transmitter License
Puerto Rico - Money Transmitter License
tick Yes
Puerto Rico - Money Transmitter License
Rhode Island - Currency Transmitter License
tick Yes
Rhode Island - Currency Transmitter License
South Carolina - Money Transmitter License
tick Yes
South Carolina - Money Transmitter License
Tennessee - Money Transmitter License
tick Yes
Tennessee - Money Transmitter License
Washington - Money Transmitter License
tick Yes
Washington - Money Transmitter License
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
tick Yes
Mississippi - Department of Banking and Consumer Finance - Money Transmitter License
Alabama - Sale of Checks License
tick Yes
Alabama - Sale of Checks License
Alaska - Money Transmitter License
tick Yes
Alaska - Money Transmitter License
Arizona - Money Transmitter
tick Yes
Arizona - Money Transmitter
Arkansas - Money Transmission License
tick Yes
Arkansas - Money Transmission License
Delaware - Sale of Checks and Transmission of Money
tick Yes
Delaware - Sale of Checks and Transmission of Money
District of Columbia - Money Transmitter License
tick Yes
District of Columbia - Money Transmitter License
Florida - Money Transmitters Part II
tick Yes
Florida - Money Transmitters Part II
Iowa - Money Services License
tick Yes
Iowa - Money Services License
Louisiana - Money Transmitter License
tick Yes
Louisiana - Money Transmitter License
Maine - Money Transmitter License
tick Yes
Maine - Money Transmitter License
Michigan - Money Transmitter License
tick Yes
Michigan - Money Transmitter License
New Mexico - Money Transmission License
tick Yes
New Mexico - Money Transmission License
North Dakota - Money Transmitter License
tick Yes
North Dakota - Money Transmitter License
Oklahoma - DOB Money Transmission License
tick Yes
Oklahoma - DOB Money Transmission License
South Dakota - Money Transmitter License
tick Yes
South Dakota - Money Transmitter License
Texas - DOB Money Transmitter License
tick Yes
Texas - DOB Money Transmitter License
Virginia - Money Order Seller and Money Transmitter License
tick Yes
Virginia - Money Order Seller and Money Transmitter License
West Virginia - Money Transmitter License
tick Yes
West Virginia - Money Transmitter License
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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