Kraken vs Crypto.com: fees, withdrawals, safety and which to use

A $1,000 bank-transfer purchase costs less with Crypto.com at $5, compared with $8 on Kraken.

Kraken vs Crypto.com fees

For $1,000, dollar fees for Kraken and Crypto.com appear on each exchange’s own pages.

$1,000 and the basics	Kraken	Crypto.com
Buy by bank transfer (ACH)	$8	$5
Buy by debit card	$37.75	–
Buy by wire	$8	$5
Sell and send to your bank (ACH)	$8	$5
Cash out to your bank (ACH)	$0	$0
Cash out by wire	$4	–
Cash out instantly to a debit card	$15	–
Send Bitcoin to a wallet	$1.21	–
States it does not serve	New York, Maine	New York
Serves New York	No	No
Bank withdrawal	Free, 0-2 business days	Free, typically 1-3 business days
NYDFS licence	No	No
FinCEN registration	Registered	Registered
App Store rating (ratings)	4.7 (36,140)	4.7 (336,049)
Google Play rating (ratings)	4.3 (56,075)	4.4 (694,078)
Coins listed	721	376

A dash shows that the exchange has no published number for that row. "Not offered" means the exchange doesn't support that method.

Kraken doesn't serve Maine, but Crypto.com does.

Kraken bank withdrawals cost nothing and have a 0-2 business-day turnaround (cutoff 2pm EST).

A Crypto.com withdrawal to your bank has no fee and has a typical 1-3 business-day turnaround (Crypto.com Exchange, US retail).

In New York, Kraken doesn’t hold an NYDFS licence.

Crypto.com has no NYDFS licence for New York.

Based on 36,140 ratings, Kraken has an App Store score of 4.7 out of 5. Its Google Play rating is 4.3 from 56,075 ratings.

Based on 336,049 ratings, Crypto.com has an App Store score of 4.7 out of 5. Its Google Play rating is 4.4 from 694,078 ratings.

If you’ll use Kraken Pro and its order book, Kraken is the choice.
You should pick Crypto.com when you’ll use Crypto.com Exchange and work with its order book.

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