CoinEx vs Kraken: Fees, Coins, Safety Comparison
| Feature | CoinEx | Kraken |
|---|---|---|
Overall |
4.4 |
4.5 |
4.7 |
4.8 |
|
4.4 |
4.1 |
|
5 |
4.5 |
|
Investment Instruments |
1 |
3.7 |
Platforms and Charting Tools |
4.8 |
4.5 |
Deposit and Withdrawal |
4.6 |
4.0 |
Research |
5 |
4.3 |
Education |
4.8 |
4.2 |
Support |
4.7 |
4.3 |
Bonuses |
5 |
2.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
CoinEx vs Kraken: Pros and Cons
The CoinEx exchange is a multifunctional platform that combines the functions of the cryptocurrency market and a crypto exchange. Bitcoin, Ethereum, USDT, and dozens of other cryptocurrencies and tokens are at the trader’s disposal. Assets are exchanged and traded relative to each other, and there are pairs with world currencies, the most prominent contracts are with USD. The exchange has a large trading volume, and thanks to the patented lightning-quick match engine, the company guarantees the simultaneous stability of thousands of orders, each of which is reliably protected. The site has its proprietary CET coin, which is issued daily. In addition to the web version of the trading terminal, there’s is a user-friendly mobile application. Fees are fixed and they depend on the trading level and the presence/absence of VIP status.
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.
| CoinEx | Kraken | |
|---|---|---|
| Overall Pros | large trading volumes, loads of cryptocurrencies, and tokens; | 2 FA authentication |
| convenient and functional mobile application; | Low minimum deposit | |
| low fees (especially with VIP status); | Passive income with staking | |
| you can get the status of a market maker and an ambassador; | Regulated in several countries | |
| Minimum maker fee $0 | ||
| ViaBTC investmen platform | Over 50 indicators and 16 drawing tools | |
| DEX exchange is supported | ||
| round-the-clock professional technical support. | ||
| regulated crypto exchange | ||
| large trading volumes, loads of cryptocurrencies, and tokens; | ||
| convenient and functional mobile application; | ||
| low fees (especially with VIP status); | ||
| You can get the status of a market maker and an ambassador; | ||
| legal license for digital assets; | ||
| the company has a reserve fund; | ||
| Overall Cons | affiliate program for ambassadors only | NFTs are not available |
| absence of investment programs | ||
CoinEx vs Kraken: Safety and Regulation
| Regulated By: | CoinEx | Kraken |
|---|---|---|
Government-regulated |
No |
Yes |
U.S Regulated |
No |
Yes |
FCA U.K Regulated |
No |
Yes |
Germany Regulated |
No |
Yes |
AMF in France Regulated |
No |
Yes |
Spain Regulated |
No |
Yes |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
Yes |
Seychelles Regulated |
No |
No |
Other countries |
Belgium, Cyprus, Italy, Poland, Netherlands, Canada, Bermuda |
CoinEx vs Kraken: Trading Conditions
| Trading Conditions | CoinEx | Kraken |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
10 |
Futures leverage |
100 |
50 |
Spot leverage |
3 |
5 |
Supported Coins |
1010 |
278 |
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
0 |
Perpetual contracts |
1 |
1 |
CoinEx vs Kraken: Fees
| Fee | CoinEx | Kraken |
|---|---|---|
Spot Taker fee |
0,2 |
0,4 |
Spot Maker fee |
0,2 |
0,25 |
Futures Taker fee |
0,05 |
0,05 |
Futures Maker fee |
0,03 |
0,02 |
Deposit fee |
No |
No |
Withdrawal fee |
0,0001 BTC 0,00048 ETH 1,7 USDT (TRC20) |
0,0005 BTC |
P2P taker fee |
No |
Not supported |
P2P fee rate, maker fee |
No |
Not supported |
CoinEx vs Kraken: Trading Assets
| Asset Name | CoinEx | Kraken |
|---|---|---|
Coins Supported |
1010 |
278 |
P2P |
Yes |
No |
Perpetual contracts |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
CoinEx or Kraken: Investment Programs
| Asset Name | CoinEx | Kraken |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Kraken or CoinEx
| CoinEx | 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 CoinEx
| CoinEx | Kraken | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Kraken or CoinEx
| CoinEx | Kraken | |
|---|---|---|
Indicators |
Yes |
50+ |
Drawing tools |
Yes |
16+ |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Kraken or CoinEx
| CoinEx | 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 CoinEx
| CoinEx | Kraken | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
CoinEx vs Kraken: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | CoinEx | Kraken |
|---|---|---|
Bank Transfer |
Yes (Only deposit) |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
CoinEx vs Kraken: Research
| Research Type | CoinEx | Kraken |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
CoinEx vs Kraken: Education
| Education Type | CoinEx | Kraken |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Kraken vs CoinEx: Support
| Support Features | CoinEx | Kraken |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
CoinEx vs Kraken: Crypto Bonuses and Promo
| Promo | CoinEx | Kraken |
|---|---|---|
Crypto Bonus |
Learn crypto and Earn it |
No |
Affiliate Program |
The affiliate program is available only to ambassadors (partners) of the site. All users who came to the site using the ambassador's referral link bring him a profit expressed as a percentage of the fees for the transactions: up to $500,000 — 40% of fees are paid; up to $2,500,000 — 45% of fees are paid; up to $10,000,000 — 50% of the fees are paid. |
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 CoinEx
-
Comment
This exchange is in the TOP 60 best platforms for derivatives trading on CoinMarketCap, so it can be trusted. I liked the successful combination of trading tools. Things didn’t work out with top exchanges for me – I simply got confused by the functionality. Some bipolar investments, launch pools... I could have figured it out, but why bother when it’s easier to choose a simpler exchange that perfectly suits my needs? At least I won’t worry about accidentally clicking something wrong. CoinEx has a platform for direct spot trading, mining for fun, staking for passive investing of idle coins, and lending. Everything is extremely simple – even a beginner can figure it out in a couple of hours!
-
Comment
My review is positive. I chose this exchange for two reasons. Regulators are actively limiting major exchanges right now, and there are even rumors of a potential artificial bankruptcy of Binance. What’s the point of taking risks when there are second-tier exchanges like CoinEx, which are simple to manage? It has a straightforward interface and a transparent trade copying service – none of the unrealistic profit percentages that many platforms like to advertise. But there is a nuance: this platform is exclusively for active trading in spot or derivatives. The P2P service practically doesn’t work due to low liquidity, so there’s no point in using the exchange for transaction optimization or earning from the listing of new coins.
-
Comment
I've had a mixed experience with CoinEx, but generally it was positive, thanks to its user-friendly interface, wide range of supported cryptocurrencies, and competitive trading fees. However, there is room for improvement in areas such as customer support and security, which the exchange could address to further enhance the overall user experience.
-
Comment
I have been working with this crypto broker for 7 months now. In general, I am satisfied with the work, sometimes there are problems with the site. You can ignore this. There were other options, but the choice of CoinEx turned out to be successful!
-
Comment
Quickly withdraw money, support works efficiently, always explains everything and helps. It would seem, what else is lacking for a trader? Just a license is not enough for me, without it it’s somehow restless all the same. But otherwise CoinEx is excellent. I recommend.
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.