SushiSwap is a DeFi cryptocurrency exchange launched in 2020. Through the Ethereum blockchain, SushiSwap has generated over $2.5 billion in trading volume through it's AMM framework. Traders can swap tokens, as well as create liquidity via yield farming.
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.
Lower fees when trading volume exceeds $50,000 in 30 days
Comment by Reviewer
"SushiSwap will appeal to experienced crypto investors looking for competitive AMM rates or developers seeking to create custom pools. However as with most crypto exchanges, SushiSwap is unregulated so we recommend caution if considering this firm."
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record."
Liquidity providers receive large rewards for their contributions - the SUSHI/ETH pool pays out double rewards
Some of the largest centralised exchanges in the world added the platform’s token, Sushi, days after it went live
Accessible fiat-to-crypto deposits including bank transfer and Apple Pay, plus 6 supported crypto wallets
Trading fees are more affordable than centralised exchanges such as Coinbase
The platform has received strong endorsements from multiple DeFi projects
Sushi Academy with learning materials for beginners and technical users
Crypto farming available with over 500 token pools to choose from
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
SushiSwap wasn’t independently audited before its release
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Guaranteed Stop Loss
SushiSwap offers over 400 tokens to swap, with a good range of fiat and crypto deposits. With that said, this exchange is unregulated and funds may not be secure when compared to reputable crypto brokers.
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.