The post Kraken vs Coinbase: Exchange Comparison & Fees appeared on BitcoinEthereumNews.com.

Choosing the right cryptocurrency exchange is a very important decision for any cryptocurrency investor or trader. Coinbase and Kraken are two mainstream crypto exchanges that have established a reputation as some of the most reputable trading platforms in the crypto industry. If you’re deciding between the Kraken exchange vs Coinbase, we’ll help you make the right pick by outlining the main differences between the two exchanges and highlighting their biggest strengths and weaknesses. Kraken vs Coinbase – Which is the better crypto exchange? When trying to find the best crypto exchanges, you’ll often encounter Kraken and Coinbase mentioned as two of the best choices for crypto traders around the world. Frankly, Kraken and Coinbase both have very similar offerings and there isn’t much of a difference between the two exchanges from the perspective of the average cryptocurrency investor and trader. In other words, you won’t be making a big mistake regardless of which of the two exchanges you pick. Here is a quick breakdown of the most substantial differences between the two exchanges which might sway your decision if you’re currently deciding between Kraken and Coinbase. Kraken has noticeably lower fees than Coinbase. Trading fees on Kraken start at 0.25% for makers and 0.40% for takers, while the Coinbase fee structure starts at 0.40% for makers and 0.60% for takers. Trading fees on both exchanges can be reduced depending on the user’s trading volume. Coinbase offers a Visa debit card that makes it possible to spend the cryptocurrencies you hold in your Coinbase account anywhere Visa is accepted. The exchange also provides crypto cashback rewards on purchases made with the card. Kraken currently has no equivalent product to the Coinbase Card. Coinbase supports PayPal for both deposits and withdrawals. If you want to use PayPal with Kraken, the exchange only…

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Filed under: News - @ October 22, 2024 5:19 pm