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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 8 / 10 · Trust rank #28 · Founded 2016
Bitbank is a cryptocurrency exchange platform that provides a secure and user-friendly environment for trading digital assets. It offers competitive trading fees and supports a variety of cryptocurrencies, making it suitable for…
Read the Bitbank review
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 reviewBitbank and Kraken are both centralized exchanges. Bitbank (founded 2016, headquartered in Japan) ranks #28 on our trust rank, reports $33.7M in 24-hour trading volume and lists 43 coins across 43 trading pairs. Kraken (founded 2011, headquartered in United States) ranks #2 on our trust rank, reports $1.94B in 24-hour trading volume and lists 717 coins across 1,402 trading pairs. The two overlap in 1 countries; Bitbank is available in 0 countries where Kraken is not, and Kraken in 43 where Bitbank is not.
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.
| Criteria | Bitbank | Kraken |
|---|---|---|
| Trust score | 8 / 10 | 10 / 10 |
| Trust rank | #28 | #2 |
| 24h trading volume | $33.7M | $1.94B |
| Coins listed | 43 | 717 |
| Trading pairs | 43 | 1,402 |
| Founded | 2016 | 2011 |
| Headquarters | Japan | United States |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 1 countries | 44 countries |
| Licences / registrations | Financial Services Agency (JFSA) - Japan | 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 | Spot | Derivatives, Spot |
| Best-for use cases | — | 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.
Available at both (1): Japan.
Only Kraken (43): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Latvia, Lithuania and 18 more.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Kraken reports the higher 24-hour trading volume ($33.7M vs $1.94B), based on the latest market data in our catalogue.
Kraken lists more coins: 43 at Bitbank versus 717 at Kraken.
Kraken has the higher trust score (8 / 10 vs 10 / 10). The score reflects liquidity, scale of operations and cyber-security signals as tracked in our catalogue.
Kraken is the older of the two, founded in 2011; Bitbank was founded in 2016.
They overlap in 1 countries. Bitbank is additionally available in 0 countries () and Kraken in 43 countries (Argentina, Australia, Austria, Belgium, Brazil, Bulgaria and 37 more).
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.