Kraken vs Binarium

Kraken vs Binarium Comparison Table 2024
Kraken	Binarium
Review 3.9	Review 2.6

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.	Binarium is an established international broker offering binary options trading on diverse markets including stocks, indices, forex, commodities and cryptocurrencies. Traders can start trading with as little as $1 and earn payouts up to 80% of their stake.
Bonus Offer
Lower fees when trading volume exceeds $50,000 in 30 days
Comment by Reviewer
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record."	"Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."
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	Segregated client funds Promotions including 100% welcome bonus and trading tournaments Flexible payment methods and account currencies, including support for crypto payments Community forum platform Enhanced educational features Demo account with virtual funds Low minimum deposit requirements
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	Unregulated Limited trading instruments Limited information on broker’s website No industry established trading terminals Lower payouts than other binary options brokers Specific bonus terms and conditions to meet before being able to withdraw funds
Instruments
Cryptos	Forex, Stocks, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$5
Trading Platforms
AlgoTrader	Own
Payment Methods
Bitcoin Payments Etana Ethereum Payments PayID Silvergate Bank Transfer Wire Transfer	Bitcoin Payments Credit Card Debit Card Mastercard Neteller QIWI Visa WebMoney Wire Transfer Yandex Money
Minimum Trade
Variable	$1
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	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS & Android
App Review
	Binarium offers a mobile app that should provide an optimal trading experience on the go. However, we’ve observed worrying complaints of deposits not showing in account balances despite multiple requests to the support team. So, despite a very modern interface and capable charting tools, it trails industry leaders.
Android App Rating
	3.3
iOS App Rating
	1.3
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
	Yes
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	USD EUR AUD RUB
Forex Trading
Forex trading not offered	Trade 20 forex pairs, including majors like EUR/GBP and USD/GBP as well as minor pairs. On the downside, this isn't the most varied selection of currencies available.
GBPUSD Spread
	N/A
EURUSD Spread
	N/A
EURGBP Spread
	N/A
Assets
	20
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.	Trade binary options on three Bitcoin pairs – BTC/USD, BTC/GBP and BTC/EUR – with flexible contract lengths. Simply bet whether the price of the asset will rise or fall.
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	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.
Payout
	80%
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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