Binance vs Kraken — fees & conditions
Binance vs Kraken: fees, withdrawal costs, products, licenses, security record and support side by side — every value linked to its official source.
Data reviewed byJason Lee About us → Binance leads 1 of 4 groups
This is a mechanical count of per-row results with no weights and no composite score. Which exchange suits you depends on which rows matter to you.
Binance vs Kraken in brief
- Spot trading: Binance charges 0.1% maker and 0.1% taker, Kraken charges 0.4% maker and 0.8% taker — a $1,000 taker order costs $1.00 on Binance and $8.00 on Kraken.
- Futures: Binance charges 0.02% maker and 0.05% taker, Kraken charges 0.02% maker and 0.05% taker — $0.50 vs $0.50 for a $1,000 taker order.
- Maximum futures leverage: 125× on Binance, 50× on Kraken.
- Listed coins: 492 on Binance, 627 on Kraken (each exchange’s own count).
- Both require identity verification (KYC) before trading.
- Counting row by row: Binance leads on fees (3 of 8 compared rows), products & features is even, trust & regulation is even, and access & support has too little confirmed data to call.
- 3 of 21 scored rows are left uncompared because a value is not yet confirmed from an official source.
Every sentence is generated from the values in the table below — nothing is added that the data does not show.
| Item | Binance | Kraken |
|---|---|---|
| Fees | ||
| Spot maker | 0.100%✓ ↗ | 0.400% ↗ |
| Spot taker | 0.100%✓ ↗ | 0.800% ↗ |
| Futures maker | 0.020% ↗ | 0.020% ↗ |
| Futures taker | 0.050% ↗ | 0.050% ↗ |
| Cost of a $1,000 spot taker trade | $1.00✓ ↗ | $8.00 ↗ |
| Cost of a $1,000 futures taker trade | $0.50 ↗ | $0.50 ↗ |
| Fee discount with platform token | 25% ↗ BNB | No platform token |
| BTC withdrawal fee | 0.00002 BTC ↗ | 0.000015 BTC✓ ↗ |
| USDT withdrawal fee | 1.5 USDT ↗ | 1 USDT✓ ↗ |
| Products & features | ||
| Listed coins | 492 ↗ | 627✓ ↗ |
| Max futures leverage | 125× ↗ | 50× ↗ |
| Copy trading | Yes ↗ | Not confirmed |
| Earn / staking | Yes ↗ | Yes ↗ |
| Fiat deposit methods | Card · Bank transfer · P2P · Third-party✓ ↗ | Card · Bank transfer ↗ |
| API trading | Yes ↗ | Yes ↗ |
| Mobile app | Yes ↗ | Yes ↗ |
| Trust & regulation | ||
| Licenses & registrations | 6 Abu Dhabi (ADGM), UAE, Dubai, UAE, France, Italy, Lithuania, Bahrain | 8✓ United States, United States, Ireland / EEA, United Kingdom, Cyprus, Canada, Australia, Bermuda |
| Recorded security incidents | 1 ↗ 2019 | 1 2024 |
| Proof of reserves | Yes ↗ | Yes ↗ |
| User protection fund | Yes✓ ↗ | No ↗ |
| KYC required | Yes ↗ | Yes ↗ |
| Founded | 2017 ↗ | 2011 ↗ |
| Headquarters | Not disclosed | Not disclosed |
| Access & support | ||
| Interface languages | Not confirmed | 28 ↗ en, ms, cs, da, de, es, es-419, fr … |
| Live chat support | Yes ↗ | Yes ↗ |
| Users (exchange’s own claim) | 320M ↗ | 13M ↗ |
Green marks the better value in each row: lower fee, more coins, feature present. Rows without a mark are informational only. Unconfirmed values are never compared.
How these numbers were read
Binance — Regular User tier (below VIP 1). No BNB discount applied. Spot: official trading fee page; futures: USDⓈ-M futures fee page. Withdrawal fees (2026-09-15, public capital config endpoint): BTC 0.00002 BTC on the Bitcoin network (Lightning 0.000001, BSC 0.00000029); USDT 1.5 USDT on TRC20 (cheapest: BSC 0.01). listed_coins = 492 distinct base assets with TRADING status on spot (api/v3/exchangeInfo, 2026-09-15); homepage markets "over 600 cryptocurrencies". Max leverage 125x on USDT-M perpetuals (BTCUSDT), tier-dependent; new accounts capped at 20x for 30 days. active_users_claimed updated to homepage "over 320 million registered users" (previous 250M was Jan 2025 figure). [Withdrawal fees checked 2026-10-28 via public API: BTC 0.00002 BTC on BTC (cheapest: BSC 2.8e-7); USDT 1.5 USDT on TRX (cheapest: BSC 0.01). The exchange adjusts them with network conditions.]
Kraken — Tier 1 (30-day volume $0+), Kraken Pro cross-platform fee tiers. Instant Buy pricing excluded. Kraken has no platform token. futures_max_leverage = 50x per the Kraken Perps support article (product page also states 'up to 50x'; region-dependent). insurance_fund=false: Kraken Futures uses a Position Assignment System with liquidity providers instead of a dedicated insurance fund. Crypto withdrawal fees (support article table, 2026-09-23): BTC 0.000015 BTC on the Bitcoin network (Lightning 0); USDT 1.00 USDT on Tron/TRC20 (cheapest: TON/Plasma/Tempo 0.10, Ink 0; Ethereum 0.7935). HQ left null: Kraken states it was founded in San Francisco but publishes no headquarters; listed_coins left null because no official total is published (Assets API returns 843 entries incl. staking variants and tokenized equities). listed_coins = 627 from kraken.com/buy ("buy over 627 cryptocurrencies"); the homepage advertises "600+ crypto pairs".
More from Reviewer’s Insight
Binance vs Kraken in brief
Which is cheaper for spot trading, Binance or Kraken?
Binance has the lower spot taker fee (0.1% vs 0.8% on Kraken). Maker fees are 0.1% on Binance and 0.4% on Kraken.
Which has lower futures fees, Binance or Kraken?
Both charge the same futures fees: 0.02% maker and 0.05% taker.
Do Binance and Kraken require KYC?
Both require identity verification (KYC) before trading.
Which lists more coins, Binance or Kraken?
Kraken lists more: 627 coins vs 492 on Binance (each exchange’s own count).
Which has lower withdrawal fees, Binance or Kraken?
BTC withdrawal: 0.00002 BTC on Binance vs 0.000015 BTC on Kraken. USDT withdrawal: 1.5 USDT on Binance vs 1 USDT on Kraken.
Which is more regulated, Binance or Kraken?
Binance has 6 recorded license(s) or registration(s); Kraken has 8. A license count is not a safety score.
Every answer is generated from the values above and their official sources — nothing is added that the data does not show.