BingXvs
KrakenCrypto Exchange Comparison
Two native exchanges clash over regulation, security, and asset depth. The tension centers on safety and control versus catalog breadth and innovation.
Who should choose BingX vs Kraken?
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX for VARA regulation and copy trading with full strategy transparency across spot and perpetual futures. You gain access to 700+ assets, leverage up to 150:1, and a mobile app to trade on the go.
Choose if…
Choose Kraken if you want US availability and a strong custody framework with segregated client funds and a long security track record. You also get advanced charting tools and staking options.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
BingX vs Kraken: Side-by-Side Crypto Exchange Comparison
| Criteria |  BingX |  Kraken |
|---|---|---|
| Editorial score | 3.9/ 5 | 4.6/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | N/A |
| Taker Fee | 0.10%▼ lower | 0.26% |
BingX vs Kraken Crypto Exchange Pros & Cons
Pros
- Copy trading on both spot and perpetual futures with full strategy transparency
- VARA-regulated (Dubai) with monthly Proof of Reserves
- 700+ listed assets with grid trading and DCA bots included
- Competitive futures fees: 0.02% maker / 0.05% taker
- No deposit fees
- No inactivity fee
BingX vs Kraken: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
BingX
criteria win
2
Kraken
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | BingX | Kraken |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Pass |
| Proof of reserves published | Pass | Pass |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Fail |
BingX vs Kraken: Frequently Asked Questions
Kraken rates 4.6/5 versus 3.9/5 for BingX. Kraken edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
Neither BingX nor Kraken requires a minimum deposit, making both accessible regardless of starting capital.
BingX is regulated by VARA. Kraken is regulated by FCA, NYDFS. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
Minimum deposit and negative balance protection data are not confirmed for this pair. Check the regulatory body for each exchange, as the licence tier is a reliable proxy for client fund safety. Also compare demo account availability and educational resources on each exchange's site.
BingX offers up to 150:1 on perpetual or margin products, versus Kraken's 5:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade, lower than Kraken's $0.26 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while Kraken supports Kraken Pro. BingX has exclusive access to Proprietary Web/Mobile. Kraken has exclusive access to Kraken Pro.
Kraken scores higher on security criteria, with cold storage and proof of reserves and segregated client funds. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
Kraken offers staking while BingX does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Kraken's supported coins, lock-up terms, and estimated yields before committing.
BingX lists 500+ coins while Kraken does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
