Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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Kraken
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Coinbase
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Kraken is a major cryptocurrency exchange that offers a unique trading terminal and over 220 cryptocurrencies for trading. It provides up to 1:5 leverage for spot crypto trading with consistent rollover fees, and up to 1:50 leverage on futures. Additionally, it offers crypto staking services and features an interactive NFT marketplace. | Coinbase, started in 2012 for buying and selling Bitcoin with bank transfers, has grown into a major crypto company. It now offers over 240 crypto assets, advanced trading platforms for investors, is listed on the U.S. Nasdaq, and holds licenses from several regulators. In May 2025, Coinbase became the first crypto firm in the S&P 500, boosting its credibility. | |
| Instruments | Cryptos | Crypto |
| Demo Account | ✓ | ✗ |
| Minimum Deposit | $10 | $0 |
| Trading Platforms | AlgoTrader, Quantower | Coinbase, Advanced Trade, Wallet, NFT, TradingView |
| Payment Methods | Bitcoin Payments, Etana, Ethereum Payments, PayID, Silvergate Bank Transfer, Wire Transfer | Apple Pay, Credit Card, Debit Card, Google Wallet, Mastercard, Visa, Wire Transfer |
| Minimum Trade | Variable | $2 |
| Regulator | FCA, FinCEN, FINTRAC, AUSTRAC, FSA | FinCEN, FCA, CBoI, MAS, OAM, DNB, BdE |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF | USD, EUR |
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| Mobile Apps | ✓ | iOS & Android |
| App Review | Coinbase provides a user-friendly and regularly updated app, consistent with the desktop experience, known for its speed and reliability. It offers strong tools for crypto investors, including advanced trading features, real-time market analysis, staking rewards, secure portfolio management, and educational resources, all supported by high-level security and regulatory compliance. However, Android user ratings suggest the interface lags behind the Apple version, with concerns about user experience and notifications. | |
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| Margin Trading | ✓ | ✗ |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | |
| Copy Trading | ✗ | ✗ |
| Social Trading | ✗ | ✗ |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | |
| Islamic Account | ✗ | ✗ |
Cryptocurrency Trading | ||
Kraken is a specialized cryptocurrency exchange that supports over 220 cryptocurrencies, including well-known tokens like Bitcoin and various altcoins. Traders can conduct trades on immediate cryptocurrency markets with up to 1:5 leverage, or on future markets with up to 1:50 leverage. The fees are minimal and the platform is simple to use. | Coinbase offers a user-friendly trading environment with over 240 digital assets, including Bitcoin and new altcoins. It provides excellent tools through its TradingView-powered platform and Advanced Trade, featuring advanced charts and market data for traders. | |
| Crypto Spread | 0-0.26% average | 0.5% - 1% (BTC) |
| Crypto Coins | AAVE, ALGO, ANT, REP, REPV2, BAT, BAL, XBT, BCH, ADA, LINK, COMP, ATOM, CRV, DAI, DASH, MANA, XDG, EWT, EOS, ETH, ETC, FIL, FLOW, GNO, ICX, KAVA, KEEP, KSM, KNC, LSK, LTC, MLN, XMR, NANO, OCEAN, OMG, OXT, PAXG, DOT, QTUM, XRP, SC, XLM, STORJ, SNX, TBTC, USDT, XTZ, GRT, TRX, UNI, USDC, WAVES, YFI, ZEC, BNB | BCH, BTC, ETH, LTC, XRP, IOTA, NEO, EOS, XMR, FIL, WBTC, SHIB, BNB, TRUMP |
| Crypto Lending | ✗ | ✓ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✓ | ✓ |
| Auto Market Maker | ✗ | ✗ |