Kraken vs OKX US: fees, withdrawals, safety and which to use
Kraken lists an $8 fee for buying $1,000 by bank transfer. OKX US shows its fee only at the point where you review an order.
Kraken vs OKX US fees
The dollar fees for $1,000 come from the Kraken and OKX US pages.
| $1,000 and the basics | Kraken | OKX US |
|---|---|---|
| Buy by bank transfer (ACH) | $8 | – |
| Buy by debit card | $37.75 | – |
| Buy by wire | $8 | – |
| Sell and send to your bank (ACH) | $8 | – |
| Cash out to your bank (ACH) | $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 | American Samoa, Guam, Northern Mariana Islands, New York, U.S. Virgin Islands |
| Serves New York | No | No |
| Bank withdrawal | Free, 0-2 business days | – |
| NYDFS licence | No | No |
| FinCEN registration | Registered | Registered |
| App Store rating (ratings) | 4.7 (36,140) | 4.6 (22,983) |
| Google Play rating (ratings) | 4.3 (56,075) | – |
| Coins listed | 721 | – |
A dash shows that the exchange gives no figure for that row. "Not offered" means that method isn't supported.
Kraken vs OKX US in your state
Kraken serves American Samoa, Guam, Northern Mariana Islands plus U.S. Virgin Islands. OKX US serves none of them.
Maine is served by OKX US, but not by Kraken.
Kraken vs OKX US withdrawals
Kraken bank withdrawals are free and arrive within 0-2 working days. The cutoff is 2pm EST.
The pages we read don't list a bank withdrawal fee or processing time from OKX US.
Kraken vs OKX US safety
Kraken doesn't hold an NYDFS licence for New York.
OKX US doesn't hold an NYDFS licence for New York.
Kraken vs OKX US apps and coins
The App Store gives Kraken's app 4.7 out of 5 across 36,140 ratings. Google Play gives it 4.3 across 56,075 ratings.
For OKX US, the App Store rating is 4.6 out of 5 based on 22,983 ratings.
Which should you choose between Kraken and OKX US?
- Choose Kraken if Kraken Pro and its order book are what you will use.
- Pick OKX US when you want its app and simple buy screen.
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