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Kraken vs BakerySwap

Kraken vs BakerySwap Comparison Table 2024
Kraken BakerySwap
Review
3.9
Review
Not Yet Rated

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.

BakerySwap is a DeFi platform operating on the Binance Smart Chain that follows the trend in food-themed exchanges.

Bonus Offer
Lower fees when trading volume exceeds $50,000 in 30 days None
Comment by Reviewer
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record."
Pros
  • 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
  • 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
Cryptos Cryptos
Demo Account
Yes No
Minimum Deposit
$10 $0
Trading Platforms
  • AlgoTrader
  • Own
Payment Methods
Cryptocurrency
Minimum Trade
Variable $0
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
Yes No
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 Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes No
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
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. As a DeFi exchange, BakerySwap allows traders to exchange their owned crypto for alternative tokens for a low fee.
Spread
0-0.26% average N/A
Coins
  • 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
  • TOKAU
  • TSA
  • USDC
  • USDT
  • ALICE
  • ANKR
  • AUTO
  • BAKE
  • BANANA
  • BARK
  • BAT
  • BETH
  • BMON
  • BNRG
  • BONDLY
  • BRY
  • BTCB
  • BUSD
  • CAR
  • DFY
  • DIESEL
  • Doge
  • DO
  • GSCGGY
  • DOGO
  • DOT
  • EGG
  • ETH
  • GAT
  • GFX
  • GINUX
  • HYFI
  • WAR
  • WSG
  • wSOTE
  • XDITTO
  • XMSKALATA
  • LEV
  • LI
  • LINK
  • MX
  • ONX
  • pCWS
  • PET
  • POKER
  • RACA
  • SACT
  • SFP
  • SHIELD
  • SI
  • SOCCER
  • TCT
  • TEN
  • TKO
  • TLM
  • GCR
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No Yes
Review
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