Kraken vs Binance

Compare where to buy or sell Bitcoin & crypto.

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Kraken Fees

Fiat Deposits: 1.5%
Spread: 0 to 0.26% per trade
Crypto withdrawal: 0.00001 BTC

Check Fees and Prices

Funding & Withdrawal Options

Interac E-Transfer
Wire Transfer (Etana Custody)
In-person at Canada Post

Cryptocurrencies: 65+

Visit Kraken

Kraken Pros

One of the oldest exchanges in crypto
Full trade platform
Crypto to crypto trading pairs
24/7 live chat support
Low spread fee

Kraken Cons

Complicated fee structure
Not as beginner-friendly
1.5% deposit fee on fiat
High crypto withdrawal fee

Binance Fees

Deposits and withdrawals: $0
Spread: 0.1%
Crypto withdrawal: 0.0002 BTC (~$6)

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Funding & Withdrawal Options

Crypto Only

Cryptocurrencies: 350+

Visit Binance

Binance Pros

Largest selection of altcoins
Lowest fees
Advanced features for traders
Staking, P2P Trading, Loans

Binance Cons

Ontario users not allowed
Complicated because they offer so many services
Can only fund with crypto in Canada

Binance Referral

Deposit more than $50 and Receive 100 USDT cashback voucher.

Compare More Top Canadian Crypto Exchanges

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