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HomeCryptoCompare

Kraken vs Skilling Crypto Exchange Comparison

A head-to-head comparison of Kraken and Skilling across security, fees, coin selection, staking, and editorial scoring.

Kraken

Kraken

Score 4.6 / 5
2 bonuses

Industry-leading security track record and strong regulatory standing. The safest all-round choice for serious crypto investors, particularly in the US and Europe.

Visit Kraken
VS
Skilling

Skilling

Score 3.7 / 5

Skilling offers crypto CFDs on 40+ pairs via its proprietary Skilling Trader and cTrader under CySEC regulation - a European-focused regulated broker with a clean interface and competitive crypto spread pricing.

Visit Skilling
Our Verdict
Kraken winsClear Winner

Kraken comes out ahead with an editorial score of 4.6/5 compared to Skilling's 3.7/5.

Kraken
4.6/5
Skilling
3.7/5

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
Kraken
Kraken
Recommended

Kraken scores higher on security: cold storage, proof of reserves, segregated funds.

Best for low fees
It's a tie
Both equally suited

Both exchanges offer equivalent fee conditions — no deposit fee and no inactivity fee.

Best for beginners
Kraken
Kraken
Recommended

Kraken edges out Skilling with a higher editorial score (4.6/5 vs 3.7/5), indicating a stronger overall experience for new crypto traders.

Best for coin selection
Insufficient data
Data not yet available

Coin-selection data is not yet available for this pair. Check each exchange's supported assets page to compare the number of tradeable cryptocurrencies.

Best for DeFi & Web3
Insufficient data
Data not yet available

DeFi and NFT feature data is not yet available for this pair. Check each exchange's Web3 product pages directly.

Kraken vs Skilling: Side-by-Side Crypto Exchange Comparison

Criteria
KrakenKraken
SkillingSkilling
Editorial Score
4.6/ 5
3.7/ 5
Min. DepositNo minimum$50
Regulators
FCA
JFSA
MiCA
FinCEN
NYDFS
FCA
FSCA
CySEC
Cold Storage Yes No
Proof of Reserves Yes No
Staking Yes No
DeFi Integration No No
NFT Trading No No
500+ Coins No No
P2P Trading No No
Crypto Earn / Savings Yes No
Token Launchpad No No
Active Bonuses2 offersNone
Visit exchangeVisit Kraken Visit Skilling

Kraken vs Skilling Crypto Exchange Pros & Cons

KrakenKraken
SkillingSkilling
Pros
  • Zero major exchange hacks since 2011
  • FinCEN-registered, MiCA-compliant in EU
  • Quarterly Proof of Reserves by Armanino
  • Competitive maker fees (0.00% at volume)
  • Available to US clients
  • Client funds held in segregated accounts
  • No deposit fees
  • No inactivity fee
  • Mobile trading app available
  • Proprietary trading platform available
  • Advanced charting tools included
  • Transparent pricing with clear cost disclosure
  • 24/5 live chat support
  • Multilingual customer support
Cons
  • Smaller coin selection than Binance (~200 pairs)
  • Futures available only via separate entity
  • Staking availability restricted in some US states
  • No top-tier regulatory licence
  • No negative balance protection
  • No investor compensation scheme
  • No phone support
Pros
  • 40+ crypto CFDs on a clean proprietary platform with cTrader integration
  • CySEC regulated with investor compensation up to EUR 20,000
  • Competitive variable spreads on major crypto pairs; no inactivity fee
  • European headquarters with pan-EU regulatory approach
Cons
  • CFDs only - no real crypto ownership, staking, or on-chain access
  • International entity (FSC Mauritius) provides weaker protection than CySEC
  • Narrower coin selection (40+) than Capital.com or NAGA
  • $50 minimum deposit required

Kraken vs Skilling: Detailed Category Breakdown

A closer look at the specific criteria each exchange meets or misses within each scoring category.

5
Kraken
criteria wins
Ahead
1
Skilling
criteria win
Highlighted rows show where the two exchanges differ
CriteriaKrakenSkilling
Security
Cold storage for assets
Pass
Fail
Proof of reserves published
Pass
Fail
Segregated client funds
Pass
Pass
Top-tier regulator (FCA, ASIC, etc.)
Fail
Pass
Fees
No deposit fee
Pass
Pass
No inactivity fee
Pass
Pass
Transparent pricing page
Pass
Fail
Features
Staking available
Pass
Fail
DeFi integration
Fail
Fail
NFT trading
Fail
Fail
500+ coins listed
Fail
Fail
Support
Mobile app
Pass
Pass
24/5 live chat
Pass
Fail
Phone support
Fail
Fail

Kraken vs Skilling: Frequently Asked Questions

Based on our independent editorial scoring, Kraken ranks higher with a score of 4.6/5 vs 3.7/5 for Skilling. The best choice still depends on your individual needs — security, coin selection, fees, and staking offerings all matter.

Kraken scores higher on our security criteria, offering cold storage for assets and proof of reserves. When evaluating exchange safety, look for cold storage, proof of reserves, regulatory oversight, and segregated client funds. Always verify the current security posture directly with the exchange.

Kraken and Skilling appear similar on fee criteria in our data. Compare each exchange's trading fee schedule directly, as crypto fees vary by asset, volume tier, and payment method.

Kraken offers staking, while Skilling does not according to our data. If earning staking rewards is important to your strategy, Kraken would be the better choice. Always confirm current staking availability and supported assets directly with the exchange.

Kraken has a lower minimum deposit of no minimum required, while Skilling requires at least $50. This makes Kraken more accessible for traders with limited starting capital.

For beginners: Kraken has a lower minimum deposit (no minimum); Kraken has a higher overall editorial score. Also consider each exchange's educational resources, customer support quality, and the simplicity of their user interface before deciding.

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