Binance vs. Kraken: Which Crypto Exchange Is Right for You?

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Binance.US and Kraken are two leading cryptocurrency exchanges renowned for low trading fees. Choosing between them depends on factors like supported coins, customer support, and fee structures. This guide compares both platforms across key metrics to help you decide.


Key Differences at a Glance

| Feature | Binance.US | Kraken |
|------------------|------------------|------------------|
| Trading Fees | Lower taker fees | Higher base fees |
| Coins Listed | 100+ | 175+ |
| Staking | 7 coins | 13 coins |
| ACH Fees | Free | $4–$35 |
| Support | Ticket-only | 24/7 live chat |

👉 Discover the best exchange for your trading style


Trading Fees: Binance vs. Kraken

Both exchanges use a maker-taker fee model:

Binance Fee Structure

| 30-Day Volume (USD) | Maker Fee | Taker Fee |
|----------------------|-----------|-----------|
| < $50K | 0.10% | 0.10% |
| $50K–$100K | 0.09% | 0.09% |
| > $10M | 0% | 0.02% |

BNB holders get 25% fee discounts.

Kraken Fee Structure

| 30-Day Volume (USD) | Maker Fee | Taker Fee |
|----------------------|-----------|-----------|
| < $50K | 0.16% | 0.26% |
| $50K–$100K | 0.14% | 0.24% |
| > $10M | 0% | 0.10% |

Winner: Binance for cost-sensitive traders.


Supported Cryptocurrencies

Winner: Kraken for diverse portfolios.


Staking Rewards

| Platform | Coins Supported | Notable Inclusions |
|----------|-----------------|--------------------|
| Kraken | 13 | Ethereum |
| Binance | 7 | Polkadot, Cardano |

Winner: Kraken for ETH stakers.


Deposit & Withdrawal Fees

Winner: Binance for USD transfers.


Customer Support

Winner: Kraken for accessibility.

👉 Compare more exchanges side-by-side


FAQs

1. Which exchange has lower fees for small traders?

Binance charges 0.10% vs. Kraken’s 0.16% (maker fees under $50K volume).

2. Can I stake Ethereum on Binance?

No—Kraken supports ETH staking; Binance does not.

3. Is Kraken better for beginners?

Kraken’s 24/7 support edges out Binance for new users.

4. How do BNB discounts work?

Pay Binance fees with BNB for 25% savings.

5. Which platform offers more coins?

Kraken lists 175+ vs. Binance’s 100+.


Final Verdict

Choose Binance if:

Choose Kraken if:

Both platforms excel—select based on your top priorities.