BINANCE VS KRAKEN PRO ANDROID
BINANCE VS KRAKEN PRO PRO
BINANCE VS KRAKEN PRO PLUS

To help secure your Kraken account you can use two-factor authentication. All account information is encrypted, their servers are locked in cages under 24/7 surveillance by armed guards. Kraken keeps 95% of users’ funds in cold storage. However, because Binance holds most of its digital assets in cold storage, the hackers only got away with what was in the hot wallet – about 2% of Binance’s Bitcoin holdings at the time.Īs long as you take precautions, and transfer your crypto off the exchange to an external cryptocurrency wallet, you should be safe. The hackers used phishing and viruses to gain access to the exchange. Back in 2019, hackers stole 7,000 Bitcoin along with customers’ 2FA codes and API tokens. Keep in mind, Binance has been hacked before. It offers two-factor authentication, so you can prevent unauthorized access to your account. A lot of users say the app has trouble loading, certain funding or purchase options are unavailable and it is generally not user-friendly.īinance offers world-class security meaning your coins are in relatively safe hands. Kraken’s mobile app has a 4.5-star rating from 3000+ reviews on the Apple App Store and a 2.2-star rating from over 13,000 reviews on Google Play. It shows advanced charting and offers more trading tools and order types. However, the interface could be confusing for beginners.

BINANCE VS KRAKEN PRO PRO

Kraken Pro has more reasonable fees based on the maker/taker method. Still, the Instant Buy option is suitable for beginners and is easy to navigate.

BINANCE VS KRAKEN PRO PLUS

There is a standard purchase fee plus an additional fee depending on the method of payment. Instant Buy, while convenient, incurs high fees. Kraken has an “Instant Buy” option, where users can purchase crypto in seconds with their card or from funds in their fiat wallet. Kraken's app is well-designed and offers tools for both beginners as well as advanced tools for more experienced traders. On its desktop platform, you can select “Convert” for a quick debit or credit purchase, or “Classic” or “Advanced” for more trading types. Binance offers its users multiple ways to purchase crypto depending on the type of trade you want. On Google Play, it has 4.5 stars with 271,000 ratings.īinance’s app allows its users to switch between the Lite and Pro interfaces making it suitable for both beginners and experienced traders.īinance’s app interface also closely resembles its desktop counterpart, though, at first glance, it does not seem as user-friendly and intuitive as Coinbase. Binance Canadaīinance has a rating of 4.6 stars on the Apple App Store with 22,000 ratings. Users can access these platforms through their web browsers, ensuring a seamless trading experience on desktop devices. In terms of desktop trading, both Binance and Kraken offer robust platforms with advanced charting tools, order types, and order book data. Both exchanges provide intuitive interfaces and essential features for trading on the go. Kraken's app, on the other hand, has a 4.3-star rating on Google Play and a 4.7-star rating on the App Store. Binance's mobile application boasts an impressive rating of 4.7 stars on the App Store and 4.4 stars on Google Play, reflecting highly positive feedback from users.

BINANCE VS KRAKEN PRO ANDROID

Binance and Kraken both offer user-friendly mobile apps for iOS and Android devices.

Binance vs kraken pro