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Home Platforms Kraken vs Thorchain

Compare Kraken vs Thorchain

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Pros & Cons
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 More reviews than Thorchain (12,752 vs 1 reviews)
tick Been in business longer than Thorchain (Founded 2011 vs 2018)
tick Interface supports English, French, Japanese, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian, Italian and Filipino whereas Thorchain doesn't
tick $119,319,800 USD currently invested (TVL)
tick Investments in 29 coin pairs available
tick Supports 7 protocols including Bitcoin Cash, Doge and Bitcoin
tick Higher average review rating than Kraken, but based on fewer reviews (94% vs 89%)
tick Thorchain is decentralised, but Kraken is not
tick Know your customer checks are required on Thorchain but not on Kraken
Staking Rates
tick Kraken will pay interest on 12 crypto currency deposits not offered by Thorchain:
Cardano (ADA)
Algorand (ALGO)
Cosmos (ATOM)
Bitcoin (BTC)
Polkadot (DOT)
Ethereum (ETH)
Flow (FLOW)
Kava (KAVA)
Kusama (KSM)
Mina (MINA)
Solana (SOL)
Tezos (XTZ)
More ...
Staking Rates
tick Thorchain will pay interest on 28 crypto currency deposits not offered by Kraken:
AAVE-RUNE (AAVE-RUNE)
ATOM-RUNE (ATOM-RUNE)
AVA-RUNE (AVA-RUNE)
BCH-RUNE (BCH-RUNE)
BNB-RUNE (BNB-RUNE)
BTC-RUNE (BTC-RUNE)
BTCB-RUNE (BTCB-RUNE)
BUSD-RUNE (BUSD-RUNE)
DAI-RUNE (DAI-RUNE)
DOGE-RUNE (DOGE-RUNE)
DPI-RUNE (DPI-RUNE)
ETH-RUNE (ETH-RUNE)
FOX-RUNE (FOX-RUNE)
GUSD-RUNE (GUSD-RUNE)
LTC-RUNE (LTC-RUNE)
LUSD-RUNE (LUSD-RUNE)
SNX-RUNE (SNX-RUNE)
TGT-RUNE (TGT-RUNE)
THOR-RUNE (THOR-RUNE)
TWT-RUNE (TWT-RUNE)
UOS-RUNE (UOS-RUNE)
USDC-RUNE (USDC-RUNE)
USDP-RUNE (USDP-RUNE)
USDT-RUNE (USDT-RUNE)
WBTC-RUNE (WBTC-RUNE)
XDEFI-RUNE (XDEFI-RUNE)
XRUNE-RUNE (XRUNE-RUNE)
YFI-RUNE (YFI-RUNE)
More ...
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
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
89% based on 12,752 reviews
94% based on 1 review
User Reviews
Overall User Rating
89%
12,513 reviews
84%
26 reviews
54%
2 reviews
80%
14 reviews
82%
457 reviews
90%
11,900 reviews
90%
56 reviews
24%
58 reviews
User Reviews
Overall User Rating
Expert Reviews
Overall Expert Rating
60%
239 reviews
92%
100%
88%
90%
85%
80%
98%
85%
91%
93%
80%
80%
80%
80%
78%
90%
82%
70%
96%
70%
100%
90%
77%
80%
88%
93%
60%
75%
76%
85%
100%
96%
98%
100%
100%
82%
80%
40%
90%
80%
20%
87%
48%
78%
60%
100%
82%
90%
80%
88%
100%
72%
90%
87%
100%
78%
48%
91%
76%
78%
49%
92%
100%
Show All Expert Reviews
Expert Reviews
Overall Expert Rating
94%
1 review
94%
Show All Expert Reviews
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Staking Rates
The table below compares the staking rates for Kraken and Thorchain.
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 ...
Crypto Currencies
AAVE-RUNE AAVE-RUNE
32%
32%
ATOM-RUNE ATOM-RUNE
46.8%
46.8%
AVA-RUNE AVA-RUNE
9.78%
9.78%
BCH-RUNE BCH-RUNE
56.8%
56.8%
BNB-RUNE BNB-RUNE
32.8%
32.8%
BTC-RUNE BTC-RUNE
160%
160%
BTCB-RUNE BTCB-RUNE
30.1%
30.1%
BUSD-RUNE BUSD-RUNE
48%
48%
DAI-RUNE DAI-RUNE
30.1%
30.1%
DOGE-RUNE DOGE-RUNE
49.8%
49.8%
DPI-RUNE DPI-RUNE
8.19%
8.19%
ETH-RUNE ETH-RUNE
29.4% - 122%
29.4% - 122%
FOX-RUNE FOX-RUNE
13.1%
13.1%
GUSD-RUNE GUSD-RUNE
15.8%
15.8%
LTC-RUNE LTC-RUNE
106%
106%
LUSD-RUNE LUSD-RUNE
29.3%
29.3%
SNX-RUNE SNX-RUNE
27.8%
27.8%
TGT-RUNE TGT-RUNE
17.2%
17.2%
THOR-RUNE THOR-RUNE
12.2%
12.2%
TWT-RUNE TWT-RUNE
14.2%
14.2%
UOS-RUNE UOS-RUNE
8.07%
8.07%
USDC-RUNE USDC-RUNE
55.4%
55.4%
USDP-RUNE USDP-RUNE
23.4%
23.4%
USDT-RUNE USDT-RUNE
139%
139%
WBTC-RUNE WBTC-RUNE
11.6%
11.6%
XDEFI-RUNE XDEFI-RUNE
23.6%
23.6%
XRUNE-RUNE XRUNE-RUNE
5.35%
5.35%
YFI-RUNE YFI-RUNE
9.98%
9.98%
Loading rates ...
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Company
Legal name
Payward Inc
Legal name
Year founded
2011
Year founded
2018
Country incorporated in
2
Country incorporated in
Headquarters country
2
Headquarters country
Platform token
Platform token
THORChain
Decentralised
cross No
Decentralised
tick Yes
Number of employees
250
Number of employees
Number of users
4,000,000
Number of users
Total assets under management
$10,000,000,000USD
Total assets under management
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Products
Savings accounts
tick Yes
Savings accounts
Loans
cross No
Loans
Crypto to crypto exchange
tick Yes
Crypto to crypto exchange
Fiat to crypto exchange
tick Yes
Fiat to crypto exchange
Pro exchange marketplace
tick Yes
Pro exchange marketplace
Peer to peer exchange
cross No
Peer to peer exchange
Margin trading
tick Yes
Margin trading
Corporate accounts
tick Yes
Corporate accounts
Instantly buy crypto with fiat
tick Yes
Instantly buy crypto with fiat
Integrated crypto wallet
tick Yes
Integrated crypto wallet
Crypto withdrawals to private wallet
tick Yes
Crypto withdrawals to private wallet
Fast account verification
cross No
Fast account verification
Futures exchange
tick Yes
Futures exchange
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Security
Cold storage
tick Yes
Cold storage
Cold storage custodian
Self custody
Cold storage custodian
Two factor authentication
tick Yes
Two factor authentication
Credit check
cross No
Credit check
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Support
24/7 support
tick Yes
24/7 support
Email support
tick Yes
Email support
Phone support
tick Yes
Phone support
Chat support
tick Yes
Chat support
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Fees
Maker fee
0%
Maker fee
Taker fee
0%
Taker fee
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
Exchange fees
Fiat deposit fee
tick Free
Fiat deposit fee
Fiat withdrawal fee
tick Free
Fiat withdrawal fee
Crypto deposit fee
tick Free
Crypto deposit fee
Crypto withdrawal fee
tick Free
Crypto withdrawal fee
Crypto wallet withdrawal limit
Starter accounts: $5,000 per day. Intermediate accounts: $500,000 per day. Pro accounts: $10,000,000 per day
Crypto 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.
Fiat wallet withdrawal limit
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Investment Strategy
Independent proof of reserves
tick Yes
Independent proof of reserves
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Registrations & Regulation
Know your customer
tick Yes
Know your customer
cross No
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
Regulators
Financial Crimes Enforcement Network
tick Yes
Financial Crimes Enforcement Network
Financial Conduct Authority
tick Yes
Financial Conduct Authority
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
tick Yes
Financial Transactions and Reports Analysis Centre of Canada - Money Service Business Registration
Australian Securities and Investment Commission - Registration as Foreign Company
tick Yes
Australian Securities and Investment Commission - Registration as Foreign Company
Financial Services Agency - Crypto Asset Exchange Operator
tick Yes
Financial Services Agency - Crypto Asset Exchange Operator
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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.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

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