Coinbase Exchange vs Kraken
On the standard spending profile, Coinbase Exchange has the lowest net annual cost (€0). Coinbase Exchange offers the highest cashback (0%). Pick Coinbase Exchange if you prioritise simplicity and exchange integration; consider Kraken if you prefer a mature custodial ecosystem.
| Coinbase Exchange | Kraken | |
|---|---|---|
| Tier | S | S |
| Rating | ★ 4.9 | ★ 4.9 |
| FX markup | 0% | 0% |
| Cashback | 0% | 0% |
| Annual fee | Free | Free |
| Estimated net annual cost | €0 | €0 |
| Custodial | Custodial | Custodial |
| Network | — | — |
| Regions | US, EU/EEA, UK, APAC | US, EU/EEA, UK, APAC |
| Licences & safety | NY BitLicense + Money Transmitter US + Bank charter Bermuda | Money Services Business + EMI partner UK |
Frequently asked questions
Coinbase Exchange vs Kraken: which is better?
On the standard spending profile, Coinbase Exchange has the lowest net annual cost (€0). Coinbase Exchange offers the highest cashback (0%). Pick Coinbase Exchange if you prioritise simplicity and exchange integration; consider Kraken if you prefer a mature custodial ecosystem.
Which is cheaper, Coinbase Exchange or Kraken?
On the standard spending profile Coinbase Exchange has the lowest net annual cost: €0 versus €0 for Kraken.
Is Coinbase Exchange custodial or self-custody?
Coinbase Exchange is custodial: funds are held by the platform, while Kraken is custodial.