Binance
Trust score 10 / 10 · Trust rank #4 · Founded 2017
Binance is a leading cryptocurrency exchange offering a wide range of cryptocurrencies and low trading fees, catering primarily to experienced investors.
Read the Binance reviewBinance vs Kraken (2026): fees, trust, coins and availability compared
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Data refreshed 4 Nov 2026 · Compiled by Charlie Williams
Kraken
Trust score 10 / 10 · Trust rank #2 · Founded 2011
Kraken is a well-established cryptocurrency exchange known for its robust security measures and comprehensive range of digital assets. It provides a user-friendly platform suitable for both beginners and experienced traders, offering competitive…
Read the Kraken reviewBinance and Kraken are both centralized exchanges. Binance (founded 2017, headquartered in Cayman Islands) ranks #4 on our trust rank, reports $5.84B in 24-hour trading volume and lists 516 coins across 1,377 trading pairs. Kraken (founded 2011, headquartered in United States) ranks #2 on our trust rank, reports $1.60B in 24-hour trading volume and lists 717 coins across 1,402 trading pairs. The two overlap in 42 countries; Binance is available in 6 countries where Kraken is not, and Kraken in 2 where Binance is not.
Verdict at a glance
- Binance leads on 24h trading volume and country availability.
- Kraken leads on coins listed, trading pairs and track record.
- Level on trust score and licences.
Scored on 7 measurable dimensions where both exchanges have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.
Binance vs Kraken: side-by-side data
| Criteria | Binance | Kraken |
|---|---|---|
| Trust score | 10 / 10 | 10 / 10 |
| Trust rank | #4 | #2 |
| 24h trading volume | $5.84B | $1.60B |
| Coins listed | 516 | 717 |
| Trading pairs | 1,377 | 1,402 |
| Founded | 2017 | 2011 |
| Headquarters | Cayman Islands | United States |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 48 countries | 44 countries |
| Licences / registrations | Financial Intelligence Unit (FIU-IND), registration - India, Financial Services Agency (JFSA) - Japan (through Binance Japan), Securities and Exchange Commission (SEC Thailand) - Thailand (through Gulf Binance Co., Ltd), Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates | Central Bank of Ireland, MiCA licence - Ireland, Financial Conduct Authority (FCA), cryptoasset registration - United Kingdom, Canadian Securities Administrators (CSA), registered platform - Canada, Virtual Assets Regulatory Authority (VARA), broker-dealer licence - United Arab Emirates |
| Trading types | Derivatives, Spot | Derivatives, Spot |
| Best-for use cases | Beginner-Friendly, Centralized, Copy Trading, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | Beginner-Friendly, Centralized, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) |
Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that exchange — we never fill gaps with estimates.
Pros
Binance
- Wide Range of Cryptocurrencies
- Low Trading Fees
- High Liquidity
- Advanced Security Features
- User-Friendly Interface
Kraken
- - High Security Standards
- Wide Range of Supported Cryptocurrencies
- Advanced Trading Features
- Competitive Fees
- Strong Regulatory Compliance
Country availability: Binance vs Kraken
Available at both (42): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Mexico, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden and 2 more.
Only Binance (6): Albania, Iceland, Indonesia, Malaysia, Philippines, Thailand.
Only Kraken (2): Peru, Saudi Arabia.
- Binance supported countries
- Kraken supported countries
- Best crypto exchanges in Argentina
- Best crypto exchanges in Australia
- Best crypto exchanges in Austria
- Best crypto exchanges in Belgium
- Best crypto exchanges in Brazil
- Best crypto exchanges in Bulgaria
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Binance vs Kraken: common questions
Which is bigger by trading volume, Binance or Kraken?
Binance reports the higher 24-hour trading volume ($5.84B vs $1.60B), based on the latest market data in our catalogue.
Which lists more coins, Binance or Kraken?
Kraken lists more coins: 516 at Binance versus 717 at Kraken.
Which has the higher trust score, Binance or Kraken?
Binance has the higher trust score (10 / 10 vs 10 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Which is older, Binance or Kraken?
Kraken is the older of the two, founded in 2011; Binance was founded in 2017.
Are Binance and Kraken available in the same countries?
They overlap in 42 countries. Binance is additionally available in 6 countries (Albania, Iceland, Indonesia, Malaysia, Philippines, Thailand) and Kraken in 2 countries (Peru, Saudi Arabia).
Keep comparing
Binance
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- Binance supported countries
Kraken
Risk warning: cryptoassets are highly volatile and largely unregulated in many jurisdictions. You may lose the entire amount you deposit. Nothing on this page is financial advice; check availability and terms with the exchange before opening an account. Full risk disclosure.