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Data refreshed 5 Nov 2026 · Compiled by Charlie Williams
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 review
Trust score 8 / 10 · Trust rank #22 · Founded 2013
Luno is a cryptocurrency exchange that provides a user-friendly platform for buying, selling, and storing digital currencies. It is designed to cater to both beginners and experienced traders, offering competitive fees and…
Read the Luno reviewKraken and Luno are both centralized exchanges. 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. Luno (founded 2013, headquartered in Singapore) ranks #22 on our trust rank, reports $10.6M in 24-hour trading volume and lists 50 coins across 101 trading pairs. The two overlap in 2 countries; Kraken is available in 42 countries where Luno is not, and Luno in 4 where Kraken 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 | Kraken | Luno |
|---|---|---|
| Trust score | 10 / 10 | 8 / 10 |
| Trust rank | #2 | #22 |
| 24h trading volume | $1.94B | $10.6M |
| Coins listed | 717 | 50 |
| Trading pairs | 1,402 | 101 |
| Founded | 2011 | 2013 |
| Headquarters | United States | Singapore |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 44 countries | 6 countries |
| Licences / registrations | 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 | Securities Commission Malaysia (SC), DAX registration - Malaysia |
| Trading types | Derivatives, Spot | 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 (2): Singapore, South Africa.
Only Kraken (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 and 17 more.
Only Luno (4): Indonesia, Malaysia, Nigeria, Uganda.
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 ($1.94B vs $10.6M), based on the latest market data in our catalogue.
Kraken lists more coins: 717 at Kraken versus 50 at Luno.
Kraken has the higher trust score (10 / 10 vs 8 / 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; Luno was founded in 2013.
They overlap in 2 countries. Kraken is additionally available in 42 countries (Argentina, Australia, Austria, Belgium, Brazil, Bulgaria and 36 more) and Luno in 4 countries (Indonesia, Malaysia, Nigeria, Uganda).
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.