Uphold vs Kraken
Uphold Review 2023 | Kraken Review 2023 |
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3.4
Uphold is #15 in our broker rankings. |
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3.9
Kraken is #15 in our crypto broker rankings. |
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Uphold is a cryptocurrency trading app that allows users to buy, trade and transfer digital assets including 230+ crypto tokens. The app's trading environment also allows crypto staking, trading between various company stocks, and provides users with a debit card that provides rewards and easy multi-currency payments. |
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. |
Bonus Offer | |
Lower fees when trading volume exceeds $50,000 in 30 days | |
Comment by Reviewer | |
"Uphold provides a convenient one-stop option for investors who want a quick and straightforward way to access crypto markets. It will also serve users looking for crypto staking facilities." | "Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." |
Pros | |
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Cons | |
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Instruments | |
Cryptos, Precious Metals, US Stocks, Environmental Assets | Cryptos |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $10 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | Variable |
Regulator | |
FCA, FinCEN | FCA, FinCEN, FINTRAC, AUSTRAC, FSA |
Margin Trading | |
No | 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 | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | Yes |
Auto Trading | |
Yes | 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 | |
Yes | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
Cryptocurrency | |
Buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using a straightforward mobile app or through Uphold's browser-based account homepage. Uphold clients can also earn up to 13% APY by staking one or more out of 32 valid tokens, or send their tokens to an external wallet. | 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. |
Spread | |
0.5% to 1% average | 0-0.26% average |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
No | No |
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More Comparisons | |
Uphold vs |
Kraken vs |