Kraken vs Luno
Kraken | Luno |
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3.9
Kraken is #24 in our crypto broker rankings. |
2
Luno is #30 in our crypto broker rankings. |
Traders from US accepted |
Traders from US accepted |
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. |
Established in 2013, Luno has a mission to make crypto investments simple and accessible for all. The brand has a customer base of 9+ million across 43 countries. Trading fees are competitive, with no market maker charges and access to popular tokens like Bitcoin. |
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." | "Luno will appeal to beginners looking to trade popular cryptocurrencies on a user-friendly mobile app and web platform." |
Pros | |
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Cons | |
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Instruments | |
Cryptos | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$10 | £1 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | £10 |
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 |
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 |
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. | Luno supports cryptocurrency trading, staking and transferring on major tokens, including Bitcoin, Ethereum, Ripple and Cardano. There are no maker fees and taker fees vary by trading volume starting from 0.10%. 95% of cryptocurrencies are held in 'deep freeze' multi-signature, encrypted wallets. |
Spread | |
0-0.26% average | Variable |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | Yes |
More Comparisons | |
Kraken vs |
Luno vs |