Cryptohopper vs Kraken: Fees, Coins, Safety Comparison
| Feature | Cryptohopper | Kraken |
|---|---|---|
Overall |
3.8 |
4.5 |
1 |
4.8 |
|
4.7 |
4.1 |
|
4.4 |
4.5 |
|
Investment Instruments |
4.2 |
3.7 |
Platforms and Charting Tools |
4.3 |
4.5 |
Deposit and Withdrawal |
3.7 |
4.0 |
Research |
4.1 |
4.3 |
Education |
3.5 |
4.2 |
Support |
3.7 |
4.3 |
Bonuses |
4.4 |
2.0 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Cryptohopper vs Kraken: Pros and Cons
CryptoHopper is a multi-purpose platform that combines its hub functions, copying service, social trading, and an investment portfolio management service. The CryptoHopper terminal trades in Bitcoin, Ethereum, Litecoin, and dozens of other cryptocurrencies and tokens, which are presented on partner exchanges. The one-of-a-kind system stands out for the presence of free-of-charge trading bots where you can create and test your bots. The platform also provides an emulator of exchange strategies. There is also an in-depth training system.
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.
| Cryptohopper | Kraken | |
|---|---|---|
| Overall Pros | cryptocurrencies can be traded on any of the partner exchanges from CryptoHopper’s terminal; | 2 FA authentication |
| no fees or fixed payments for using the service; | Low minimum deposit | |
| profitable partnership and investment program; | Passive income with staking | |
| service for copying transactions and auto-trading bots; | Regulated in several countries | |
| a vast selection of instruments; | Minimum maker fee $0 | |
| synchronization of accounts on diverse exchanges; | Over 50 indicators and 16 drawing tools | |
| large trading volumes. | ||
| Overall Cons | free mode is extremely limited in functionality. | NFTs are not available |
Cryptohopper vs Kraken: Safety and Regulation
| Regulated By: | Cryptohopper | Kraken |
|---|---|---|
Government-regulated |
Yes |
|
U.S Regulated |
Yes |
|
FCA U.K Regulated |
Yes |
|
Germany Regulated |
Yes |
|
AMF in France Regulated |
Yes |
|
Spain Regulated |
Yes |
|
DFSA in UAE |
No |
|
Singapore Regulated |
No |
|
Australia Regulated |
Yes |
|
Seychelles Regulated |
No |
|
Other countries |
Belgium, Cyprus, Italy, Poland, Netherlands, Canada, Bermuda |
Cryptohopper vs Kraken: Trading Conditions
| Trading Conditions | Cryptohopper | Kraken |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
|
Futures leverage |
50 |
|
Spot leverage |
5 |
|
Supported Coins |
1000 |
278 |
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
0 |
Perpetual contracts |
0 |
1 |
Cryptohopper vs Kraken: Fees
| Fee | Cryptohopper | Kraken |
|---|---|---|
Spot Taker fee |
No |
0.4 |
Spot Maker fee |
No |
0.25 |
Futures Taker fee |
No |
0.05 |
Futures Maker fee |
No |
0.02 |
Deposit fee |
No |
No |
Withdrawal fee |
No |
0.0005 BTC |
P2P taker fee |
Not supported |
|
P2P fee rate, maker fee |
Not supported |
Cryptohopper vs Kraken: Trading Assets
| Asset Name | Cryptohopper | Kraken |
|---|---|---|
Coins Supported |
1000 |
278 |
P2P |
No |
No |
Perpetual contracts |
No |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
No |
Futures |
No |
Yes |
Cryptohopper or Kraken: Investment Programs
| Asset Name | Cryptohopper | Kraken |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: Kraken or Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | Kraken | |
|---|---|---|
Indicators |
Yes |
50+ |
Drawing tools |
Yes |
16+ |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Kraken or Cryptohopper
| Cryptohopper | 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 Cryptohopper
| Cryptohopper | Kraken | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
Yes |
No |
Cryptohopper vs Kraken: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Cryptohopper | Kraken |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes |
Yes |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
Cryptohopper vs Kraken: Research
| Research Type | Cryptohopper | Kraken |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Cryptohopper vs Kraken: Education
| Education Type | Cryptohopper | Kraken |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
Yes |
Kraken vs Cryptohopper: Support
| Support Features | Cryptohopper | Kraken |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Request form |
No |
Cryptohopper vs Kraken: Crypto Bonuses and Promo
| Promo | Cryptohopper | Kraken |
|---|---|---|
Crypto Bonus |
30% Sign up Bonus Hero Pro Cryptohopper Subscription, temporary bonus offers |
No |
Affiliate Program |
CryptoHopper offers a flexible affiliate program based on getting a referral link to invite users. It is available to any verified trader. A user who has registered on the platform using TU’s referral link will bring you income by trading on partner exchanges. The benefits are: up to 15% from each payment of your referral; $1.9 per referral fee for whoever bought the ExplorerHopper package; $4.9 per referral fee for whoever purchased the Adventure Hopper package; $9.9 per referral fee for whoever bought the HeroHopper package. |
up to $1000 per refferal |
|
Your capital is at risk.
|
Your capital is at risk.
|
Top 5 Reviews on Kraken
-
Comment
The platform supports all major cryptocurrencies and seven fiat currencies, making it convenient for users from different countries. While the margin leverage isn’t the highest, it’s sufficient for moderate-risk trading. In my first week, starting with just a 20-dollar deposit, I managed to earn around 12 dollars in profit.
-
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.
Top 5 Reviews on Cryptohopper
-
Comment
For those who value security, Cryptohopper operates through an API without access to withdrawals, which is important for safeguarding capital. Two-factor authentication also adds peace of mind. Technical support responds promptly, especially regarding exchange connections and strategy setup.
-
Comment
Cryptohopper is integrated with major cryptocurrency exchanges such as Binance and Coinbase, allowing users to connect multiple accounts and allocate capital across them. Portfolio management is centralized, and support for popular coins makes trading flexible. Detailed statistics on trades and charts help evaluate performance, with everything visualized in one place.
-
Comment
Among the tools, I liked Cryptohopper’s copy-trading feature — you can follow successful traders and connect to their strategies. This gives beginners a chance to learn the market while minimizing risks. The variety of subscription plans allows you to choose the best option for different budgets. The platform updates signals automatically, making it easier to monitor the fast-changing cryptocurrency markets.
-
Comment
Cryptohopper really has a user-friendly interface for setting up automated trading strategies — the platform offers various templates and market analysis tools. I was attracted by the test zone, where you can try algorithms without risk. Integration with multiple crypto exchanges allows flexible portfolio management and the use of arbitrage opportunities. You can quickly adapt even without deep programming knowledge, and the strategy knowledge base helps understand the nuances.
-
Comment
I use Cryptohopper mainly as a hub for managing accounts on different exchanges. The platform allows you to consolidate multiple accounts in a single terminal — convenient if you do P2P trading and trade derivatives. The fee is fixed — $6 per month, with no percentage taken from turnover. There is mobile app support, including an Android version. Brokerage functions are limited: you can’t choose a stop-out level or set leverage above 1:10 — everything depends on the selected exchange. The free version is very limited, but it’s suitable for testing.
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.