Kraken vs Binance. Which one is best?
G etting started with cryptocurrency exchanges can be hard so I made this quick read for you to choose the right one.

Comparison

Binance the “star” of crypto trading is one of the biggest trading platforms and easily the best option for any professional trader wanting to get into the crypto world. It has a big variety of coins, very low fees and all the features that an advanced user could want to use like leverege etc.

Kraken on the other hand, a newer approach to the industry is a more easy to use platform with very low fees and it’s pretty much a better option for new traders that don't want all the overwhelming options and features of Binance.

Trading Fees

Binance’s trading fees are 0.10% for every placed trade while Kraken’s are 0.20% switch is almost nothing for most users.

Security

Security is very good for both although there have been security breaches for both in the past but the chances of that happening again are really low.

User Experience

As for user experience both platforms have mobile apps for users to use but as for the platforms design and ease of use Kraken has the upper hand.

Conclusion

Both Binance and Kraken are amazing platforms and different people will get suited better by each. If you are a professional trader or thinking of getting advanced in the future Binance is probably what you should go for. But if you are a UI enthusiast or just looking to get started Kraken is for you.

Sign up to Binance

Sign up to Kraken
['Apollon Tziatz']
['Crypto', 'Cryptocurrency', 'Make Money Online', 'Crypto Trading', 'Trading']