Binance vs kraken security8/4/2023 Kraken has different verification tiers, meaning users can choose the amount of personal data they will share with the exchange. What’s there to know about the Kraken KYC process? However, this is not the case with users’ age (at least 18 or older) and residence. Now, let’s go into detail in our Binance vs Kraken comparison! Account Requirementsīoth platforms provide their users with some flexibility when it comes to account requirements. Yet, Kraken is supported in all but two US states, and available in more countries worldwide. Starter, Express, Intermediate, Individual Pro, and Business ProĪpple Pay, Google Pay, Clear Junction, Pay ID, EtanaCash, Wire Transfer, Credit/Debit card (for Intermediate or Pro)īank Transfer, Credit/Debit Card, iDEAL, Advcash, Etana, Banxa, Flutterwave, Google Pay, PayID, PIX Payment, Samsung Pay, SimplexĠ.9% for stable coins and 1.5% for other crypto on Instant Buy0.00% – 0.26% maker-taker on Proīased on trading volume: up to 0.1% spot trading fee, and 0.5% crypto exchange feeĬrypto deposits are mainly free, fiat deposits depending on currency and deposit methodĮmail, Live Chat, ticketing system, social mediaĪs you can already tell, the platforms are similar in many aspects. Let’s start by looking at their basic features and comparing them side by side. We will provide you with a lengthy exploration of how they compare in ease of use, available crypto coins, and much more. Let’s find out what’s so appealing about them and how they compete against each other in this Kraken vs Binance review. Kraken and Binance are two of the world’s most popular crypto exchange platforms, with millions of users buying and selling digital assets every day.
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