Kraken vs Gemini Exchange

On the standard spending profile, Kraken has the lowest net annual cost (€0). Kraken offers the highest cashback (0%). Pick Kraken if you prioritise simplicity and exchange integration; consider Gemini Exchange if you prefer a mature custodial ecosystem.

Kraken Gemini Exchange
Tier S S
Rating ★ 4.9 ★ 4.7
FX markup 0% 0%
Cashback 0% 0%
Annual fee Free Free
Estimated net annual cost €0
Custodial Custodial Custodial
Network
Regions US, EU/EEA, UK, APAC US, UK, APAC
Licences & safety Money Services Business + EMI partner UK NY Trust Charter (NYDFS)

Frequently asked questions

Kraken vs Gemini Exchange: which is better?

On the standard spending profile, Kraken has the lowest net annual cost (€0). Kraken offers the highest cashback (0%). Pick Kraken if you prioritise simplicity and exchange integration; consider Gemini Exchange if you prefer a mature custodial ecosystem.

Which is cheaper, Kraken or Gemini Exchange?

On the standard spending profile Kraken has the lowest net annual cost: €0 versus — for Gemini Exchange.

Is Kraken custodial or self-custody?

Kraken is custodial: funds are held by the platform, while Gemini Exchange is custodial.