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    Binance logo vs Kraken logo

    Binance vs Kraken: fees, licences and P2P

    Facts for both companies from their official pages; each was checked on the date shown in its review.

    Facts verified on October 18, 2026

    Key differences

    Side by side

    Criterion Binance Kraken
    Rating
    4.7/5 on other platforms 5M ratings
    4.1/5 on other platforms 62.5K ratings
    Regulators FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), FSCA CBI, CySEC, FCA, ASIC, BMA
    Spot trading fees maker 0.1%, taker 0.1% maker 0.4%, taker 0.8%
    USDT withdrawal 0.01 USDT on BEP20, 0.04 USDT on AVAXC, 0.04 USDT on OPTIMISM +6 0.1 USDT on TON, 0.6132 USDT on ERC20, 1 USDT on TRC20 +5
    P2P trading yes, in 112 local currencies —
    Futures yes, up to 1:150 yes, up to 1:50
    Proof of reserves published published
    Deposits and withdrawals Bank transfer PIX, SPEI, Bank transfer, Visa / Mastercard
    Not available in United States, Canada, Netherlands, Cuba, North Korea, Iran Afghanistan, Belarus, Cuba, Congo - Kinshasa, Iran, Iraq +7
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    Frequently asked questions

    Which regulators license Binance and Kraken?

    Binance is licensed by FSRA (ADGM), AFSA, CBB, VARA, Bappebti, JFSA, SEC (Thailand), CNAD, BCR (El Salvador), and FSCA; Kraken by CBI, CySEC, FCA, ASIC, and BMA.

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