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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 10 / 10 · Trust rank #1 · Founded 2012
Coinbase is a leading cryptocurrency exchange that provides a user-friendly platform for buying, selling, and managing digital currencies. You will benefit from its secure environment and a wide range of supported cryptocurrencies.…
Read the Coinbase Exchange 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 reviewCoinbase Exchange and Kraken are both centralized exchanges. Coinbase Exchange (founded 2012, headquartered in United States) ranks #1 on our trust rank, reports $2.29B in 24-hour trading volume and lists 407 coins across 516 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 719 coins across 1,424 trading pairs. The two overlap in 43 countries; Coinbase Exchange is available in 10 countries where Kraken is not, and Kraken in 1 where Coinbase Exchange 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 | Coinbase Exchange | Kraken |
|---|---|---|
| Trust score | 10 / 10 | 10 / 10 |
| Trust rank | #1 | #2 |
| 24h trading volume | $2.29B | $1.94B |
| Coins listed | 407 | 719 |
| Trading pairs | 516 | 1,424 |
| Founded | 2012 | 2011 |
| Headquarters | United States | United States |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 53 countries | 44 countries |
| Licences / registrations | Commission de Surveillance du Secteur Financier (CSSF), MiCA licence - Luxembourg, Financial Conduct Authority (FCA), cryptoasset registration - United Kingdom, Financial Intelligence Unit (FIU-IND), registration - India, Monetary Authority of Singapore (MAS) - Singapore, Canadian Securities Administrators (CSA), registered platform - Canada | 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, Margin trading | 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 (43): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Mexico, New Zealand, Norway, Peru, Poland, Portugal, Romania, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain and 3 more.
Only Coinbase Exchange (10): Andorra, Bahrain, Gibraltar, Iceland, Kuwait, Liechtenstein, Monaco, Oman, Qatar, San Marino.
Only Kraken (1): India.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
Coinbase Exchange reports the higher 24-hour trading volume ($2.29B vs $1.94B), based on the latest market data in our catalogue.
Kraken lists more coins: 407 at Coinbase Exchange versus 719 at Kraken.
Coinbase Exchange 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.
Kraken is the older of the two, founded in 2011; Coinbase Exchange was founded in 2012.
They overlap in 43 countries. Coinbase Exchange is additionally available in 10 countries (Andorra, Bahrain, Gibraltar, Iceland, Kuwait, Liechtenstein and 4 more) and Kraken in 1 countries (India).
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.