✓Bybit is our top-ranked Kraken alternative (9/10).Binance is our top-ranked Kraken alternative (8.9/10).Bitvavo is our top-ranked Kraken alternative (8.9/10).BloFin is our top-ranked Kraken alternative (8.8/10).Bitunix is our top-ranked Kraken alternative (8.4/10).WhiteBIT is our top-ranked Kraken alternative (8.1/10).Ourbit is our top-ranked Kraken alternative (8/10).WEEX is our top-ranked Kraken alternative (8/10).OKX EU is our top-ranked Kraken alternative (7.9/10).Bitget is our top-ranked Kraken alternative (7.8/10).OKX is our top-ranked Kraken alternative (7.8/10).Coinbase is our top-ranked Kraken alternative (7.7/10).Bybit EU is our top-ranked Kraken alternative (7.6/10).BYDFi is our top-ranked Kraken alternative (7.6/10).BTCC is our top-ranked Kraken alternative (7.5/10).XT.com is our top-ranked Kraken alternative (7.5/10).Crypto.com is our top-ranked Kraken alternative (7.4/10).KCEX is our top-ranked Kraken alternative (7.3/10).Pionex is our top-ranked Kraken alternative (7.3/10).Zoomex is our top-ranked Kraken alternative (7.3/10).
✓Of the alternatives that charge a trading fee, Pionex has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Bybit has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Binance has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BloFin has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitunix has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WhiteBIT has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WEEX has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitget has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BYDFi has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Zoomex has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, OKX EU has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, XT.com has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, Bitvavo has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, Bybit EU has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, BTCC has the lowest spot taker fee (0.3%).Of the alternatives that charge a trading fee, OKX has the lowest spot taker fee (0.35%).Of the alternatives that charge a trading fee, Crypto.com has the lowest spot taker fee (0.5%).The comparison table on this page shows the spot fees of each alternative.
✓BloFin lets you start trading without full identity verification.Bitunix lets you start trading without full identity verification.Ourbit lets you start trading without full identity verification.WEEX lets you start trading without full identity verification.BYDFi lets you start trading without full identity verification.BTCC lets you start trading without full identity verification.XT.com lets you start trading without full identity verification.KCEX lets you start trading without full identity verification.Pionex lets you start trading without full identity verification.Zoomex lets you start trading without full identity verification.None of the alternatives open to you trades without identity verification (KYC).
Kraken asks every user to pass an identity check before trading, which rules it out if you want to stay anonymous. Its spot fees run high: a maker pays 0.4% and a taker pays 0.8%, more than some other venues charge. You cannot copy another trader’s positions, there are no trading bots, and there is no lending or borrowing against your coins. Options trading is absent too, so if you want those markets you would look past Kraken.
What a replacement for Kraken should offer
Kraken keeps a clean interface that a beginner can pick up, with Kraken Pro layering on advanced charts and analytics for anyone who wants more depth. Support is reachable around the clock. A replacement should match the spread of markets here: 682 coins on spot, futures on 168 coins across 182 contracts, leverage up to 50x, and 130 tokenized stocks. Futures fees are low, a maker pays 0.02% and a taker pays 0.05%. Staking gives you passive income, there is a debit card, and demo trading lets you practice. Cold storage and proof of reserves back the funds you hold.
How to move from Kraken to another exchange
Funds can leave Kraken as crypto or through bank transfer, ACH, card, PayPal, SEPA and Apple Pay. Because the identity check is required, you clear it before withdrawing, and your withdrawal limits rise with your verification level, so a large transfer may need the higher tier before it clears in one go. Wallet whitelisting lets you lock withdrawals to approved addresses, which adds a step if you set it up mid-transfer. Close any open futures positions and unstake coins first, since those balances are tied up until released. Send a small test transfer on the right network before the full amount.
Venues from the same exchange class as Kraken (CEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
Questions
Frequently asked
Bybit leads our Kraken alternatives comparison, scoring 9/10 on live fee, security and feature data.Binance leads our Kraken alternatives comparison, scoring 8.9/10 on live fee, security and feature data.Bitvavo leads our Kraken alternatives comparison, scoring 8.9/10 on live fee, security and feature data.BloFin leads our Kraken alternatives comparison, scoring 8.8/10 on live fee, security and feature data.Bitunix leads our Kraken alternatives comparison, scoring 8.4/10 on live fee, security and feature data.WhiteBIT leads our Kraken alternatives comparison, scoring 8.1/10 on live fee, security and feature data.Ourbit leads our Kraken alternatives comparison, scoring 8/10 on live fee, security and feature data.WEEX leads our Kraken alternatives comparison, scoring 8/10 on live fee, security and feature data.OKX EU leads our Kraken alternatives comparison, scoring 7.9/10 on live fee, security and feature data.Bitget leads our Kraken alternatives comparison, scoring 7.8/10 on live fee, security and feature data.OKX leads our Kraken alternatives comparison, scoring 7.8/10 on live fee, security and feature data.Coinbase leads our Kraken alternatives comparison, scoring 7.7/10 on live fee, security and feature data.Bybit EU leads our Kraken alternatives comparison, scoring 7.6/10 on live fee, security and feature data.BYDFi leads our Kraken alternatives comparison, scoring 7.6/10 on live fee, security and feature data.BTCC leads our Kraken alternatives comparison, scoring 7.5/10 on live fee, security and feature data.XT.com leads our Kraken alternatives comparison, scoring 7.5/10 on live fee, security and feature data.Crypto.com leads our Kraken alternatives comparison, scoring 7.4/10 on live fee, security and feature data.KCEX leads our Kraken alternatives comparison, scoring 7.3/10 on live fee, security and feature data.Pionex leads our Kraken alternatives comparison, scoring 7.3/10 on live fee, security and feature data.Zoomex leads our Kraken alternatives comparison, scoring 7.3/10 on live fee, security and feature data.
Of the alternatives that charge a trading fee, Pionex has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, Bybit has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Binance has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BloFin has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitunix has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WhiteBIT has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, WEEX has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Bitget has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, BYDFi has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, Zoomex has the lowest spot taker fee (0.1%).Of the alternatives that charge a trading fee, OKX EU has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, XT.com has the lowest spot taker fee (0.2%).Of the alternatives that charge a trading fee, Bitvavo has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, Bybit EU has the lowest spot taker fee (0.25%).Of the alternatives that charge a trading fee, BTCC has the lowest spot taker fee (0.3%).Of the alternatives that charge a trading fee, OKX has the lowest spot taker fee (0.35%).Of the alternatives that charge a trading fee, Crypto.com has the lowest spot taker fee (0.5%).The comparison table on this page shows the spot fees of each alternative.
Yes. BloFin allows trading without completing full KYC verification.Yes. Bitunix allows trading without completing full KYC verification.Yes. Ourbit allows trading without completing full KYC verification.Yes. WEEX allows trading without completing full KYC verification.Yes. BYDFi allows trading without completing full KYC verification.Yes. BTCC allows trading without completing full KYC verification.Yes. XT.com allows trading without completing full KYC verification.Yes. KCEX allows trading without completing full KYC verification.Yes. Pionex allows trading without completing full KYC verification.Yes. Zoomex allows trading without completing full KYC verification.No. None of the alternatives open to you trades without identity verification.
Venues from the same exchange class as Kraken (CEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
