According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- PLN 100
- Proprietary web platform
- Regulation
- Robust security.
Our Evaluation of Kanga Exchange
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Kanga Exchange is a high-risk cryptocurrency exchange with the TU Overall Score of 2.03 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Kanga Exchange clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Kanga Exchange is an innovative platform for cryptocurrency trading and investing, offering stringent security standards and a wide range of services for users. The platform provides unique opportunities for retail and institutional investors.
Brief Look at Kanga Exchange
Kanga Exchange is a cryptocurrency trading platform that offers both investments and token trading. Additionally, it provides a launchpad for startups. The platform supports trading popular cryptocurrencies such as Bitcoin and Ethereum, along with stablecoins.
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- Extensive global network of over 800 crypto exchange points across 14 countries;
- Staking opportunities for passive income;
- Innovative services for convenient payments;
- Robust security measures and client funds protection.
- Limited choice of cryptocurrencies;
- Focus on cryptocurrency swaps and trading may limit its appeal to investment-centered investors.
TU Expert Advice
Financial expert and analyst at Traders Union
Kanga Exchange is an advanced cryptocurrency trading platform offering a wide range of services, including convenient access through a network of over 800 exchange points in 14 countries. It supports popular cryptocurrencies like BTC and ETH, as well as various stablecoins, and offers passive income opportunities through staking, attracting long-term investors.
Innovative financial tools like KangaPay and Kanga Card facilitate cryptocurrency purchases and ensure convenient, fast transactions. Kanga Exchange prioritizes security, employing advanced technologies to protect user funds and data.
Furthermore, the exchange enables capital raising through token issuance, making it attractive to startups seeking funding.
Overall, Kanga Exchange is a reliable and multifunctional platform for cryptocurrency trading and investing. With a user-friendly interface and a wide range of services, it is suitable for both novice and experienced traders.
Kanga Exchange Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Proprietary web platform |
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📊 Accounts: | Cryptocurrency account |
💰 Account currency: | PLN, USD, BTC, ETH, etc. |
💵 Deposit / Withdrawal: | Bank accounts, bank cards, and crypto wallets |
🚀 Minimum deposit: | PLN 100 |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Commission: | Spot: 0,2%-0,2% |
🔧 Instruments: | 215 supported coins, Fiat. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Order execution: | Limit and market |
⭐ Trading features: |
Regulation; Robust security. |
🎁 Contests and bonuses: | No |
Kanga Exchange provides trading services tailored to both institutional and retail investors. Operating as a regulated platform, it facilitates trading a diverse range of cryptocurrencies from a unified account. Kanga Exchange also offers a full suite of services to support token issuers.
Kanga Exchange Key Parameters Evaluation
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Regulation and safety
With a 5.25/10 score, Kanga Exchange demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- 2FA
- Cold wallet storage
- No investor protection fund
- Not tier-1 regulated
- No facial recognition
- Not U.S regulated
Kanga Exchange Security Factors
We also compared Kanga Exchange against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Kanga Exchange | OKX | Kraken | |
Tier-1 regulation | No | No | Yes |
Government-regulated | No | Yes | Yes |
Investor protection fund | No | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | No |
Is Kanga Exchange a regulated crypto exchange?
Kanga Exchange is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Kanga Exchange is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Kanga Exchange?
Yes, KYC verification is mandatory at Kanga Exchange. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Kanga Exchange available?
Kanga Exchange complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Australia, Canada, Israel, Sweden, Latvia, Switzerland, Netherlands, Singapore, UAE, Iran, Islamic republic, Bangladesh, Italy, Belgium, Norway, Czech Republic, Greece, Japan, Finland, Korea, Algeria, Estonia, Austria, Germany, Lithuania, Ireland, Slovakia, Hungary, Syrian Arab Republic, Hong Kong, Afghanistan, Somalia, Cameroon, Slovenia. For the most up-to-date information on regional availability, please contact Kanga Exchange support.
Is Kanga Exchange available in the USA?
Yes, Kanga Exchange is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Kanga Exchange commissions and fees
Kanga Exchange received a 6.25/10 score for its trading fees. While Kanga Exchange is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- No P2P fee
- Spot fee above industry average
- Withdrawal fee may be applied
What are Kanga Exchange trading fees?
We analyzed Kanga Exchange’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Kanga Exchange trading fees vs competitors
Kanga Exchange | Nexus Trade | Paxful | Industry average | |
Spot, maker fee (%) | 0,2 | 0,22 | 0 | 0.15 |
Spot, taker fee (%) | 0,2 | 0,22 | 0 | 0.194 |
What are Kanga Exchange deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0001 BTC 0,0001 ETH |
Does Kanga Exchange offer P2P trading?
Yes, Kanga Exchange offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Kanga Exchange P2P Fees
Kanga Exchange | Binance | Bybit | |
P2P maker fee (%) | 0 | 0,1 | 0 |
P2P taker fee (%) | 0 | 0,1 | 0 |
Deposit and withdrawal
Kanga Exchange received a 6.5/10 rating for its deposit and withdrawal services. While Kanga Exchange covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Bank transfers for deposits and withdrawals
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- Withdrawal fee applies
- No Google Pay option
- No PayPal option
Deposit and withdrawal options
Kanga Exchange supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Kanga Exchange Deposit and withdrawal options vs competitors
Kanga Exchange | OKX | Kraken | |
Bank transfers | Yes | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Kanga Exchange minimum deposit?
The minimum deposit at Kanga Exchange is PLN 100 USD/USDT or 0,0003 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Kanga Exchange minimum deposit vs competitors
Kanga Exchange | OKX | Kraken | |
Minimum deposit, USD or USDT | PLN 100 | 10 | 10 |
Minimum deposit, BTC | 0,0003 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Kanga Exchange support fiat money?
Kanga Exchange supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Kanga Exchange received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Kanga Exchange covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Staking available
- Copy trading not available
- Only 215 supported coins
Kanga Exchange supported coins and markets vs competitors
We compared Kanga Exchange with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Kanga Exchange | OKX | Kraken | |
Supported coins | 215 | 329 | 278 |
Futures/Perpetual contracts | No | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Kanga Exchange passive income options vs competitors
We also compared Kanga Exchange with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Kanga Exchange | OKX | Kraken | |
Staking | Yes | Yes | Yes |
Yield farming | No | Yes | Yes |
Copy trading | No | Yes | Yes |
Trading apps & tools
Kanga Exchange received a score of 7.75/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- Advanced tools and automation with API
- App data protection with 2FA
- Advanced charting with TradingView support
- No Face ID
- Advanced orders not available
- No access to Copy Trading
Trading apps
Kanga Exchange provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 3,5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Kanga Exchange platform is for mobile use.
Kanga Exchange | Bybit | |
2FA | Yes | Yes |
Face ID | No | Yes |
Mob Indicators | Yes | Yes |
Alerts | No | Yes |
Advanced Orders | Yes | Yes |
Trading with bots | Yes | Yes |
API | Yes | Yes |
Extra trading platforms | No | MT4 |
Does Kanga Exchange offer a desktop app?
No, Kanga Exchange does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Kanga Exchange offer advanced charting with TradingView integration?
Yes, Kanga Exchange offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
Official site | https://kanga.exchange/en |
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