![]() ![]() Binance: Securityīoth Kraken and Binance are considered secure exchanges, but there are some key differences between the two. In 2013, Kraken added other cryptocurrencies including litecoin, Namecoin and Ripple (XRP).īinance only launched in 2017 and quickly became the largest crypto exchange by volume thanks to its low trading fees and fast execution times two reasons why it’s so popular among traders today. Kraken has been around since 2011, when it launched as an exchange for bitcoin traders looking for arbitrage opportunities between different currencies and exchanges. Kraken was purchased by Payward Inc., which changed its name to Kraken Digital Asset Exchange after the acquisition.īinance was founded by Changpeng Zhao who later sold it to Binance Limited, a company registered in the British Virgin Islands with offices in Japan and China. ![]() The company was founded by Changpeng Zhao who is also the co-founder of OKCoin (a major Chinese exchange). The exchange also offers margin trading for leveraged trading on BTC/USD and ETH/USD pairs.īinance is a cryptocurrency exchange based in Hong Kong that allows both fiat currency deposits and withdrawals.īinance uses smart contracts to ensure that all funds are protected at all times and this includes deposits, withdrawals, trading fees and even profits made from arbitrage opportunities between different exchanges! Kraken allows users to buy and sell crypto with fiat currencies like USD, EUR, GBP and JPY. ![]() It has been around since 2011 and has grown to become one of the largest exchanges in the world. Kraken is a US-based exchange that trades in USDT, ETH, BTC and LTC. ![]()
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