Kraken vs eToro
Kraken is a good crypto exchange with competitive fees and variety of coins. How does it compare to eToro? Read our comparison chart below.
Kraken is a mainstream cryptocurrency exchange with over 50 coins to trade and a range of staking options with average rates. They support margin trading, indices, and futures trading. They have low fees, but users may find it challenging to fund their accounts compared to other platforms.
While eToro is a social crypto trading platform known for its popular CopyTrading feature. They support a fair range of cryptocurrencies with staking rewards on a few coins. Their fees are moderate compared to other exchanges.
Compare Kraken with eToro, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Learn More | Visit Site | |
Kraken | eToro | |
---|---|---|
Buy and Sell Cryptocurrencies - | Deposit $100 and Get $10 from eToro USA LLC - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Cryptocurrency Trading | ||
Minimum Deposit | $100 ($200 to start copy trading) | |
Mutual Fund Trading | ||
Cryptocurrencies Supported | ||
Countries Supported | ||
Fiat Currencies Supported | USD, EUR, CAD, AUD, GBP, CHF, JPY | USD, EUR, GBP, AUD, RMB, THB, IDR, MYR, VND, PHP, SEK, DKK, NOK, PLN, CZK, PEN, MXN, QAR, BHD, OMR, AED, SGD. Not available for US customers. |
Digital Wallet | ||
Transaction Fee | 1% fee for buying or selling crypto. 0% commission for buying or selling stocks and ETFs. | |
Copy Trading | ||
Limit Orders | ||
Margin Trading | Yes. Not available for US customers. | |
Crypto Loans | ||
Bank Account Purchase Fee | ||
Debit Card Purchase Fee | ||
Wallet Purchase Fee | 1.5% or 0.9% for stablecoins & FX pairs | |
Credit Transaction Fee | ||
Banking | ||
Mobile App | ||
ACH Transfer Fee | ||
Wire Transfer Fee | ||
Crypto Conversion Fee | ||
SEPA Bank Transfer Fee | ||
Withdrawal Fee | $0 ($5 for non-U.S. customers) | |
Other Fees | 1-time address setup fees for first-time deposits of many cryptocurrencies, varies by currency | Crypto transfer fee: 0.0005 units - .25 units; $10 monthly fee after 12 months inactivity |
Address Allowlisting | ||
Anonymity | ||
Biometric Login | ||
Cold Storage | ||
Two-Factor Authentication | Google Authenticator or Yubikey | |
Withdrawal Limit | Depends on verification level. Cryptocurrencies - Beginner: $5,000 / day; Intermediate: $500,000 / day; Pro: $10,000,000 / day; Fiat Currencies - Express: $9,000 / day; Intermediate: $100,000 / day; Pro: $10,000,000 / day | |
CreditDonkey® Reviews | ||
Cryptocurrency Trading | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Safety | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good crypto exchange with competitive fees and variety of coins... | Good crypto exchange for learning, socializing and copy-trading... |
Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Kraken: Pricing information from published website as of 04/13/2021. eToro: Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. CreditDonkey Inc may be compensated if you access certain products or services offered by the MSB and/or the BD. eToro: eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. |
Deposit $100 and Get $10 from eToro USA LLC
- Sign up for an eToro account
- Deposit $100
Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC
- Sign up for an eToro account
- Deposit funds
- Invest in $100 worth of crypto
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Get $100,000 Virtual Portfolio to Experiment
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Which is Better: Kraken or eToro?
In short: Kraken's cryptocurrency trading is impressive. eToro's research is impressive.