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Data refreshed 6 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 9 / 10 · Trust rank #8 · Founded 2018
MEXC is a cryptocurrency exchange platform that provides a wide range of digital assets for trading. It is designed to cater to both novice and experienced traders with its user-friendly interface and…
Read the MEXC reviewKraken and MEXC are both centralized exchanges. Kraken (founded 2011, headquartered in United States) ranks #2 on our trust rank, reports $2.27B in 24-hour trading volume and lists 719 coins across 1,424 trading pairs. MEXC (founded 2018, headquartered in Seychelles) ranks #8 on our trust rank, reports $1.36B in 24-hour trading volume and lists 1,399 coins across 1,778 trading pairs. The two overlap in 16 countries; Kraken is available in 28 countries where MEXC is not, and MEXC in 0 where Kraken is not.
Scored on 6 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 | MEXC |
|---|---|---|
| Trust score | 10 / 10 | 9 / 10 |
| Trust rank | #2 | #8 |
| 24h trading volume | $2.27B | $1.36B |
| Coins listed | 719 | 1,399 |
| Trading pairs | 1,424 | 1,778 |
| Founded | 2011 | 2018 |
| Headquarters | United States | Seychelles |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 44 countries | 16 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 | Not verified |
| Trading types | Derivatives, Spot | Derivatives, Spot |
| Best-for use cases | Beginner-Friendly, Centralized, High Liquidity, Low-Fee, Margin trading, Peer-to-Peer (P2P) | Beginner-Friendly, Centralized, Copy Trading, 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 (16): Australia, Brazil, Canada, France, Germany, India, Italy, Japan, Mexico, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland.
Only Kraken (28): Argentina, Austria, Belgium, Bulgaria, Chile, Colombia, Croatia, Cyprus, Denmark, Estonia, Finland, Greece, Hong Kong, Hungary, Ireland, Israel, Latvia, Lithuania, Luxembourg, Malta, Peru, Poland, Portugal, Romania, Saudi Arabia and 3 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 ($2.27B vs $1.36B), based on the latest market data in our catalogue.
MEXC lists more coins: 719 at Kraken versus 1,399 at MEXC.
Kraken has the higher trust score (10 / 10 vs 9 / 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; MEXC was founded in 2018.
They overlap in 16 countries. Kraken is additionally available in 28 countries (Argentina, Austria, Belgium, Bulgaria, Chile, Colombia and 22 more) and MEXC in 0 countries ().
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.