Gate.io vs Kraken

Gate.io vs Kraken Comparison Table 2024
Gate.io Kraken
2.3
3.9

Gate.io is an established crypto exchange, founded in 2013. The firm offers its native token, GateToken, alongside a vast range of crypto derivatives, NFTs, investment products and more. Gate.io is unregulated but has earned a strong reputation, with over 10 million active users.

Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 220+ tradeable crypto tokens. Up to 1:5 leverage is available with stable rollover fees on spot crypto trading and up to 1:50 on futures. The exchange also supports crypto staking and has an interactive NFT marketplace.

Bonus Offer
Lower fees when trading volume exceeds $50,000 in 30 days
Comment by Reviewer
"Gate.io will attract experienced traders looking for diverse crypto opportunities, NFTs and favorable trading fees. However we don't consider this exchange secure with little to no regulatory scrutiny." "Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record."
Pros
  • 180+ crypto tokens available and 100+ crypto deposit methods
  • Lending and yield farming supported, plus an NFT marketplace
  • Unlike many exchanges, Gate.io offers a free demo account with virtual funds
  • Derivatives trading available with leveraged tokens up to x100 and spot contracts
  • A range of community and social features are available including a chat room, leaderboards and live streams
  • Wide range of educational resources aimed at various experience levels plus a Beginner's Zone with rewards
  • Gate.io wallet for crypto-asset storage
  • Very good security track record with no hacks in a decade since launch
  • Excellent range of 220+ more established cryptocurrencies
  • NFT marketplace and crypto staking available
  • Great trading platform and mobile app
  • Low exchange fees on Kraken Pro
  • 50x leverage on futures trading
  • Low minimum deposit of $10
  • 3D secure required
  • Mobile investing
  • Crypto staking
Cons
  • Cluttered platform which may deter beginners
  • Unregulated exchange raises security concerns
  • Limited customer support methods
  • Daily withdrawal limits and fees
  • Fiat deposits are not accepted
  • No customers from the USA
  • Slow verification process on Pro account
  • Does not support many newer altcoins
  • Low leverage on spot trading
  • Does not accept fiat deposits
  • Slow verification times
Instruments
Spot and crypto derivatives Cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Trading Platforms
  • Own
  • AlgoTrader
Payment Methods
Minimum Trade
$10 Variable
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes (iOS & Android) Yes
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy Trading
No No
Social Trading
No No
Trade Signals
No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Cryptocurrency
Gate.io supports 180+ altcoins, with an impressive 670 assets that can be traded against USD, 89 BTC markets and 520 ETH markets. Active traders are favored with the tiered fee structure, paying as little as 0.055% for maker fees. Kraken is a specialized crypto exchange and supports more than 220 cryptocurrencies. These include all of the established tokens like Bitcoin as well as some altcoins. Traders can make trades on spot crypto markets with up to 1:5 leverage or on futures with up to 1:50. Fees are low and the platform is super easy to pick up.
Spread
Variable 0-0.26% average
Coins
  • GT
  • THETA
  • CNYX
  • USDT
  • USDT
  • ETH
  • BTC
  • BCH
  • BSV
  • ETH
  • ETC
  • EOS
  • XRP
  • LTC
  • ZEC
  • DASH
  • QTUM
  • QUTM_ETH
  • DOGE
  • OCN
  • BTM
  • TRX
  • ONT
  • BTG
  • BAT
  • SNT
  • BTM_ETH
  • CVC
  • REQ
  • RDN
  • KNC
  • LINK
  • THETA
  • SHIB
  • VET
  • AAVE
  • ALGO
  • ANT
  • REP
  • REPV2
  • BAT
  • BAL
  • XBT
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • CRV
  • DAI
  • DASH
  • MANA
  • XDG
  • EWT
  • EOS
  • ETH
  • ETC
  • FIL
  • FLOW
  • GNO
  • ICX
  • KAVA
  • KEEP
  • KSM
  • KNC
  • LSK
  • LTC
  • MLN
  • XMR
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • DOT
  • QTUM
  • XRP
  • SC
  • XLM
  • STORJ
  • SNX
  • TBTC
  • USDT
  • XTZ
  • GRT
  • TRX
  • UNI
  • USDC
  • WAVES
  • YFI
  • ZEC
  • BNB
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
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