Bitget vs Kraken: Fees, Coins, Safety Comparison
| Feature | Bitget | Kraken |
|---|---|---|
Overall |
2.4 |
4.5 |
1 |
4.8 |
|
2.8 |
4.1 |
|
3.5 |
4.5 |
|
Investment Instruments |
1.7 |
3.7 |
Platforms and Charting Tools |
2.2 |
4.5 |
Deposit and Withdrawal |
1.4 |
4.0 |
Research |
2.7 |
4.3 |
Education |
2.5 |
4.2 |
Support |
3.0 |
4.3 |
Bonuses |
3.5 |
2.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitget vs Kraken: Pros and Cons
The BitGet crypto exchange provides traders with the opportunity to trade in spot, futures, and cryptocurrency. Cryptocurrency is used exclusively as instruments at the exchange: BTC (₿), LTC (Ł) ETH (Ξ), USDT (₮) and others. Trades are carried out on the crypto exchange’s own platform, which is available as a web terminal and an application for mobile devices. BitGet's fees are lower than its competitors in the market, with maker fees of 0.02% and takers of 0.06%. The commission can also be paid with bonus funds that each BitGet client receives upon registration, verification, and a trading account replenishment. There are no fees for maintaining an account, but a commission is charged upon withdrawal, the amount of which depends on the cryptocurrency in which the withdrawal is made.
The Kraken exchange is a trading platform for Bitcoin, Ethereum, Tether, Cardano, XRP, other cryptocurrencies, and stablecoins. Fiats are represented by EUR, USD, CAD, CHF, AUD, GBP, and JPY. In addition to margin trading, Kraken has indices and futures trading. The exchange provides traders with x5 leverage for margin trading and x50 for futures. Commission fees are among the lowest on the market - up to 0.26%. The crypto exchange has a proprietary trading terminal for an internet browser, as well as mobile applications for iOS and Android devices. The platform offers an extensive knowledge base, tutorials, and video podcasts with news and analytics. The referral program is the standard single-level model with a yield of 20% of the referral’s commission fees.
| Bitget | Kraken | |
|---|---|---|
| Overall Pros | availability of demo accounts; | 2 FA authentication |
| convenient ways to contact the support service; | Low minimum deposit | |
| a wide range of cryptocurrencies for account replenishment; | Passive income with staking | |
| service of copying trades for receiving passive income; | Regulated in several countries | |
| ability to reduce commissions using credits earned in the bonus program; | Minimum maker fee $0 | |
| ability to engage in algorithmic trading; | Over 50 indicators and 16 drawing tools | |
| the exchange uses hot and cold cryptocurrency wallets to store client funds. | ||
| Overall Cons | Deposits and withdrawals in fiat currencies are not available. | NFTs are not available |
| There are no educational materials for novice traders on the exchange website. |
Bitget vs Kraken: Safety and Regulation
| Regulated By: | Bitget | Kraken |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
FinCEN (USA), FINTRAC (Canada), FCA (Great Britain), FSA (Japan), AUSTRAC (Australia) |
Bitget vs Kraken: Trading Conditions
| Trading Conditions | Bitget | Kraken |
|---|---|---|
Minimum Deposit |
₮1 |
$1 |
Trading Platforms |
BitGet |
Web, Mobile, Mobile Pro |
Max Leverage (Futures) |
1-125 |
1:5 |
Number of Markets |
355+ |
374 |
Trading Accounts |
2 |
1 |
Base Account Currencies |
Cryptocurrencies |
USD, EUR, GBP, AUD, CAD, CHF, JPY + 98 Crypto |
Bitget vs Kraken: Fees
Trading Fees
| Fee | Bitget | Kraken |
|---|---|---|
Max Maker |
0.10% |
0.16% |
Max Taker |
0.10% |
0.26% |
Min Maker |
0.10% |
0 |
Min Taker |
0.10% |
0.1% |
Debit/Credit Card Purchase Fee |
Not supported |
3.75% + $0.25 |
Futures Trading fees
| Fee | Bitget | Kraken |
|---|---|---|
Max Maker |
0.0002 |
0.02% |
Max Taker |
0.0006 |
0.05% |
Min Maker |
0.0002 |
0 |
Min Taker |
0.0006 |
0.01% |
Non-Trading Fees
| Fee | Bitget | Kraken |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
$0-$10 |
Bank Transfer Withdrawal Fee |
Not supported |
4-35 USD |
Debit/Credit Card Withdrawal Fee |
Not supported |
3.75% + $0.25 |
BTC Withdrawal Fee |
0.0006 BTC |
0.00001 BTC |
Inactivity Fee |
No |
No |
Bitget vs Kraken: Trading Assets
| Asset Name | Bitget | Kraken |
|---|---|---|
Overall |
355+ |
167+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
No |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
For non US Users |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
No |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
No |
Bitget or Kraken: Investment Programs
| Asset Name | Bitget | Kraken |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Copy Trading |
No |
Trading Platforms: Kraken or Bitget
| Bitget | Kraken | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: Kraken or Bitget
| Bitget | Kraken | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Kraken or Bitget
| Bitget | Kraken | |
|---|---|---|
Indicators |
Yes |
50+ |
Drawing tools |
Yes |
16+ |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Kraken or Bitget
| Bitget | Kraken | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Kraken or Bitget
| Bitget | Kraken | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitget vs Kraken: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitget | Kraken |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitget vs Kraken: Research
| Research Type | Bitget | Kraken |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitget vs Kraken: Education
| Education Type | Bitget | Kraken |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Kraken vs Bitget: Support
| Support Features | Bitget | Kraken |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
Bitget vs Kraken: Crypto Bonuses and Promo
| Promo | Bitget | Kraken |
|---|---|---|
Crypto Bonus |
Reward system: Registration (welcome) bonus is $5; Account verification is $3; First deposit bonus is +5% of the deposit amount; the maximum bonus is $100; The first trade is $20; Participation in copying trades is $30. |
No |
Affiliate Program |
For each new client who opened a live trading account with BitGet, a stated payout amount is charged. This condition is negotiated with each affiliate individually. A BitGet affiliate can withdraw funds anytime, without restrictions. Also, unique offers are available for participants of the affiliate program such as professional support at any time of the day and corporate gifts. |
up to $1000 per refferal |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Kraken
-
Comment
Kraken offers a wide range of cryptocurrencies and has a solid reputation in the industry, but serious issues with usability, customer support, and reliability detract from its appeal as a crypto exchange option.
-
Comment
I have to say they are scammers. He believed in Kraken, held coins on their crypto exchange. I recently found out that they deducted 50% of the balance from my trading account because I had not logged into my account for a long time. Who does this! And this without warning, of course!
-
Comment
It used to be not bad here, but every year the Kraken exchange dies down, as its turnover falls. Now it cannot be said that this is a large exchange, which it once was ...
-
Comment
I tried different exchanges, eventually settled on Kraken. Here are the best conditions for me. I have my favorite tools, the platform is understandable, I figured it out quickly and so far (for six months) nothing has lagged. The commission is also adequate, often below the market. Analytical materials are generally informative. But I’ll clarify right away: I was initially interested in a broker for active independent trading. There are no investment programs in Kraken, and that suits me. If you want extra income, then this is not your option, don't waste your time. I won’t say anything about beginners: on the one hand, Kraken provides basic training, but you can’t call the support service, except for a ticket or a chat.
-
Comment
I see that many people praise the Kraken exchange for its reliability and comfortable conditions for cooperation. I've been using this platform for about a year, and it's really good here. I would also like to note a high-quality trading terminal, it is simple and at the same time functional, even take profit and stop loss are integrated. The Kraken exchange has many advantages, so I will not list all of them. You will see for yourself if you register. I just want to name the cons such as the lack of telephone communication and investment programs. Also, the exchange favors active traders.
Top 5 Reviews on Bitget
-
Comment
I like to keep an eye on my crypto on the go, so the Bitget mobile app is pretty important to me. Most of the time it works fine, but sometimes it glitches out, especially when the market's crazy volatile. This can be stressful if you're trying to make a quick trade and the app freezes or something. Also, the charts on the app seem a little basic compared to the desktop platform. Would be nice to have more technical indicators and stuff for serious analysis on the go.
-
Comment
Had a question about a deposit recently and contacted Bitget customer support. They eventually got back to me through email, but it took a few back-and-forth messages to solve the issue. Not sure if that's normal or if I just got unlucky. Would have preferred a live chat option to get things sorted out quicker.
-
Comment
So far, I have no complaints about the operation of the BitGet exchange. Although there is one issue. Deposits to the account are processed quickly, within a few minutes. But withdrawals from the account take over an hour. The support service writes that the withdrawal may depend on blockchain network requests. But in the seven months of cooperation, I have not noticed the BitGet exchange failing to process cryptocurrency withdrawals.
-
Comment
The cryptocurrency exchange BitGet conceals a lot of information - firstly, there is no mention of its location anywhere, and secondly, everything on it is very sluggish. The registration process itself will drain so much energy and nerves that you won't want anything afterwards. The cryptocurrency exchange is not fully developed yet; it is still in the process of being improved, and it's unclear when it will be possible to trade properly on it. In general, don't waste your energy, don't register on BitGet!
-
Comment
The BitGet platform keeps freezing! Both a web platform and a mobile application. I wrote to BitGet support many times with a request to correct the errors, but no one did anything. Therefore, I had to close my account and leave this exchange. It is impossible to trade when the “sell, buy, trade” buttons turn off and become inactive when clicked.
- Bitvavo vs Bitget
- BTC Direct vs Bitget
- VinDAX vs Bitget
- Delta Exchange vs Bitget
- Bitsgap vs Bitget
- Bitget vs Upbit
- Bitget vs MXC
- Bitget vs FatBTC
- Bitget vs Cryptohopper
- Bitget vs Coinsbit
- Bitget vs CoinField
- Bitget vs CoinDCX
- Bitget vs BtcTurk
- Bitget vs BTC Direct
- Bitget vs Bitvavo
- Bitget vs Bitkub
- Bitget vs Bibox
- Bitget vs AscendEX
- Bitget vs AAX
- Currency.com vs Bitget
- ByBit vs Bitget
- Bitget vs Revolut (crypto)
- Bitget vs PrimeXBT
- Bitget vs Currency.com
- Bitget vs Bittrex
- Bitget vs OKEx
- Bitget vs KuCoin
- Bitget vs WazirX
- Bitget vs eToroX
- Bitget vs Crypto.com
- Bitget vs Bitfinex
- Bitget vs Gemini
- Bitget vs CoinEx
- Bitget vs PaxFul
- Bitget vs Huobi
- Bitget vs Coinbase
- Bitget vs ByBit
- Bitget vs Binance
- XT.com vs Bitget
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.