Binance support
We compared Kraken and Binance by reviewing supported currencies, security measures, overall costs, and features to help readers choose a platform.Ġ% to 0.26% per trade, 3.75% + €0.25 for credit card purchases, and 0.5% for online banking processingĠ.02% to 0.10% purchase and trading fees, 3% to 4.5% for debit card purchases, free Single Euro Payments Area (SEPA) transfer, or $15 per U.S. On the other hand, Kraken is known for its high security standards, recently won bank charter approval in Wyoming, and aims to go public in 2022. However, Binance offers slightly lower fees, more variety in coins, and additional ways to add or withdraw funds. Plus, both are geared towards intermediate or advanced users. The crypto exchange platforms offer advanced trading options, low fees, and mobile apps. platform, called Binance.US., which ranks ninth on the list. However, U.S.-based users must use Binance’s U.S. Both are on the top 10 list of largest exchanges by trading volume, with Kraken reaching fourth place and Binance in first. Kraken and Binance are cryptocurrency trading exchange platforms with millions of users. Read our advertiser disclosure for more info. We may receive compensation if you visit partners we recommend.
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