San Francisco-based Coinbase continues to top the leadership board, and remains the only exchange with a 'Triple-A Kaiko Exchange Rating,' meaning the exchange has registered a high total score and individual scores that are all above the defined threshold. Kraken is a globally operating US-based crypto exchange founded in 2011 and the worlds largest bitcoin exchange in euro volume and liquidity.

It ranks third by volume in the region, behind Lebanon (about $26 billion) and Turkey ($132.4 billion), according to Chainalysis data studied between July 2020 and June 2021.Coinbase, Binance, and KuCoin have the most liquidity among the rated exchanges, while Itbit and Huobi have the least liquidity among the top ten. Since Kraken has been around for so long, it is many crypto users' first exchange, and it offers over 160 coins and tokens, such as Bitcoin, Ethereum. Kraken wins for offering a key asset that Binance.US doesn’t and for having more staking options. Kraken also supports more cryptocurrencies for staking than Binance.US does. You can read more about the pros and cons of centralized and decentralized exchanges in this article. The UAE transacts approximately $25 billion worth of cryptocurrency each year. The only major difference between the platforms is that Kraken supports Ripple while Binance.US doesn’t. Binance Jersey is Centralized and Kraken is Centralized. The Middle East is one of the fastest-growing cryptocurrency markets in the world, making up 7% of global trading volumes, according to Chainalysis. Theres no such thing as a perfect crypto exchange, but some are going to be a better fit for you than others. Kraken, which launched in 2011 and operates in over 60 countries, said the UAE launch marks a wider play into an increasingly lucrative region. Kraken Digital Asset Exchange employees rated their Overall Rating 0.8 higher than Binance employees rated theirs. 'For us, it's really important to facilitate access to global markets and global liquidity by making sure that investors and traders in the region have access to local currencies,' Ting said. Fees range between 0.1-5 depending on payment method Complete Pricing. Binance USs commissions and fees, ease of use, and safety are worth mentioning. Binance pricing vs Kraken pricing Binance.US charges a flat 0.1 spot trading fee.

Kraken will become the first cryptocurrency exchange to offer direct funding and trading in UAE dirhams against bitcoin, ether and a range of other virtual assets, after gaining regulatory approval from the ADGM and Financial Services Regulatory Authority for its local launch. In short: Krakens interest accounts is worth mentioning.

Binance vs kraken