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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
Trust score 9 / 10 · Trust rank #13 · Founded 2018
HashKey Exchange is a cryptocurrency exchange platform that provides secure and efficient trading services for digital assets. It is designed to cater to both novice and experienced traders, offering a user-friendly interface…
Read the HashKey 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 reviewHashKey Exchange and Kraken are both centralized exchanges. HashKey Exchange (founded 2018, headquartered in Hong Kong) ranks #13 on our trust rank, reports $98.6M in 24-hour trading volume and lists 40 coins across 62 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 38 countries; HashKey Exchange is available in 12 countries where Kraken is not, and Kraken in 6 where HashKey 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 | HashKey Exchange | Kraken |
|---|---|---|
| Trust score | 9 / 10 | 10 / 10 |
| Trust rank | #13 | #2 |
| 24h trading volume | $98.6M | $1.94B |
| Coins listed | 40 | 717 |
| Trading pairs | 62 | 1,402 |
| Founded | 2018 | 2011 |
| Headquarters | Hong Kong | United States |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 50 countries | 44 countries |
| Licences / registrations | Securities and Futures Commission (SFC) - Hong Kong | 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 (38): Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Spain, Sweden, Switzerland, United Arab Emirates.
Only HashKey Exchange (12): Czechia, Indonesia, Malaysia, Netherlands, Philippines, South Korea, Taiwan, Thailand, Türkiye, United Kingdom, United States, Vietnam.
Only Kraken (6): Croatia, Malta, Peru, Saudi Arabia, Slovenia, South Africa.
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 ($98.6M vs $1.94B), based on the latest market data in our catalogue.
Kraken lists more coins: 40 at HashKey Exchange versus 717 at Kraken.
Kraken has the higher trust score (9 / 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; HashKey Exchange was founded in 2018.
They overlap in 38 countries. HashKey Exchange is additionally available in 12 countries (Czechia, Indonesia, Malaysia, Netherlands, Philippines, South Korea and 6 more) and Kraken in 6 countries (Croatia, Malta, Peru, Saudi Arabia, Slovenia, South Africa).
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.