What is difference between Kraken and Coinbase?

Comparison Of The Best Alternatives To Coinbase Name of exchangeWhy Better than CoinbaseOur RatingGeminiDebit card and credit card purchases cost lower.4.8/5BinancePeer-to-peer transactions on blockchain. Developers can develop their products on Binance Chain.4.5/5RobinhoodLower trading fees4.3/512 BEST Coinbase Alternatives In 2022 [UPDATED Review] www.softwaretestinghelp.com › coinbase-alternatives

Kraken is a good choice for new and existing cryptocurrency investors and traders looking for low trading fees and access to a wide array of coins . Kraken features secure platforms to buy, sell, and hold cryptocurrency. Kraken supports cryptocurrency spot trading and cryptocurrency futures.

Generally speaking, Kraken has lower fees than Coinbase Pro . For example, someone making $25,000 worth of trades in a period of 30 days will pay 0.16% maker fees on Kraken and 0.35% maker fees on Coinbase Pro. Both Coinbase Pro and Kraken offer much lower fees than Coinbase’s base platform aimed at new users.

While Coinbase is a simple exchange for exchanging fiat (national currency) for cryptocurrency, it doesn’t offer many advanced trading options. Kraken, on the other hand, is a “crypto-first” exchange and offers many types of trading, including margin trading, futures trading, as well as limit orders.