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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 10 / 10 · Trust rank #3 · Founded 2017
OKX is a comprehensive cryptocurrency exchange platform that provides a wide range of trading options for both beginners and experienced traders. It offers competitive trading fees and supports numerous cryptocurrencies, enhancing your…
Read the OKX reviewKraken and OKX 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. OKX (founded 2017, headquartered in Seychelles) ranks #3 on our trust rank, reports $2.87B in 24-hour trading volume and lists 304 coins across 954 trading pairs. The two overlap in 42 countries; Kraken is available in 2 countries where OKX is not, and OKX in 6 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 | OKX |
|---|---|---|
| Trust score | 10 / 10 | 10 / 10 |
| Trust rank | #2 | #3 |
| 24h trading volume | $1.94B | $2.87B |
| Coins listed | 717 | 304 |
| Trading pairs | 1,402 | 954 |
| Founded | 2011 | 2017 |
| Headquarters | United States | Seychelles |
| Exchange type | Centralized (CEX) | Centralized (CEX) |
| Countries available | 44 countries | 48 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 | Malta Financial Services Authority (MFSA), MiCA licence - Malta, Monetary Authority of Singapore (MAS) - Singapore, Virtual Assets Regulatory Authority (VARA), exchange services - United Arab Emirates |
| Trading types | Derivatives, Spot | Derivatives |
| 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 (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, Lithuania, Luxembourg, Malta, Mexico, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden and 2 more.
Only Kraken (2): Peru, Saudi Arabia.
Only OKX (6): Albania, Iceland, Indonesia, Malaysia, Philippines, Thailand.
Availability reflects the countries each exchange declares it serves. Local rules change; confirm on the exchange's own site before signing up.
OKX reports the higher 24-hour trading volume ($1.94B vs $2.87B), based on the latest market data in our catalogue.
Kraken lists more coins: 717 at Kraken versus 304 at OKX.
Kraken 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; OKX was founded in 2017.
They overlap in 42 countries. Kraken is additionally available in 2 countries (Peru, Saudi Arabia) and OKX in 6 countries (Albania, Iceland, Indonesia, Malaysia, Philippines, Thailand).
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.