Kraken vs BitMex
Kraken | BitMEX |
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3.9
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3.2
|
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. |
BitMEX is a crypto exchange and derivatives trading platform, launched in 2014. The firm offers a fiat–crypto onramp, spot trading, and crypto derivatives including perpetual contracts, traditional futures and quanto futures. BitMEX offers amongst the largest market liquidity of any cryptocurrency exchange. |
Bonus Offer | |
Lower fees when trading volume exceeds $50,000 in 30 days | Fee reduction for BMEX token holders |
Comment by Reviewer | |
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." | "Active traders who want access to a good range of crypto derivatives will be intrigued by BitMEX's offering, with Perpetual Contracts available. The 100x leverage on Bitcoin is also higher than many alternatives." |
Pros | |
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Cons | |
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Instruments | |
Cryptos | Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $0.01 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | Variable |
Regulator | |
FCA, FinCEN, FINTRAC, AUSTRAC, FSA | Republic of Seychelles |
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 | Yes |
P2P Trading | |
No | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes | iOS & Android |
Android App Rating | |
3.2 |
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iOS App Rating | |
3.2 |
|
Auto Trading | |
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | BitMEX Market Maker, BotVS, and via API |
Copy Trading | |
No | No |
Social Trading | |
No | 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 | |
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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. | BitMEX continues to offer a highly competitive crypto trading environment, with cheap $1 contracts and leverage up to 1:100. The broker’s proprietary platform offers cutting-edge trading features, including a customizable order book, a depth chart and dozens of technical indicators. |
Spread | |
0-0.26% average | -0.01% maker, 0.075% taker |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
No | Yes |
More Comparisons | |
Kraken vs |
BitMEX vs |