Kraken vs OKX
Kraken | OKX |
---|---|
3.9
Kraken is #21 in our crypto broker rankings. |
4.1
|
Traders from US accepted |
Traders from US not 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. |
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders. |
Bonus Offer | |
Lower fees when trading volume exceeds $50,000 in 30 days | $10 in BTC |
Comment by Reviewer | |
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." | "OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots." |
Pros | |
|
|
Cons | |
|
|
Instruments | |
Cryptos | Spot, futures, perpetual swaps, options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | 10 USDT |
Trading Platforms | |
|
|
Payment Methods | |
|
|
Minimum Trade | |
Variable | Variable |
Regulator | |
FCA, FinCEN, FINTRAC, AUSTRAC, FSA | VARA |
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 | Yes |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
Yes | Android & iOS |
Auto Trading | |
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | Yes |
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 | |
|
|
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. | OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions. |
Spread | |
0-0.26% average | Variable |
Coins | |
|
|
Crypto Lending | |
No | Yes |
Crypto Mining | |
No | Yes |
Crypto Staking | |
Yes | No |
Auto Market Maker | |
No | No |