Kraken vs Uphold: fees, withdrawals, safety and which to use
For a $1,000 buy by bank transfer, Kraken costs $8 while Uphold costs $20.
Kraken vs Uphold fees
In dollars, for $1,000, the Kraken and Uphold fees come from each exchange's own pages.
| $1,000 and the basics | Kraken | Uphold |
|---|---|---|
| Buy by bank transfer (ACH) | $8 | $20 |
| Buy by debit card | $37.75 | $39.90 |
| Buy by wire | $8 | – |
| Sell and send to your bank (ACH) | $8 | – |
| Cash out to your bank (ACH) | $0 | $0 |
| Cash out by wire | $4 | – |
| Cash out instantly to a debit card | $15 | $17.50 |
| Send Bitcoin to a wallet | $1.21 | $3.22 |
| States it does not serve | New York, Maine | Puerto Rico, Louisiana, New York; U.S. Minor Outlying Islands, U.S. Virgin Islands, American Samoa, Guam, Northern Mariana Islands |
| Serves New York | No | No |
| Bank withdrawal | Free, 0-2 business days | Free, standard: at most 5 working days |
| NYDFS licence | No | No |
| FinCEN registration | Registered | – |
| App Store rating (ratings) | 4.7 (36,140) | 4.7 (91,020) |
| Google Play rating (ratings) | 4.3 (56,075) | – |
| Coins listed | 721 | 300 |
A dash means the exchange has no number published for that row; "Not offered" means the method isn't supported.
Kraken vs Uphold in your state
Kraken serves Puerto Rico, Louisiana, Guam, American Samoa, Northern Mariana Islands, U.S. Minor Outlying Islands, U.S. Virgin Islands. Uphold serves none of these places.
Maine is served by Uphold, but not by Kraken.
Kraken vs Uphold withdrawals
Kraken bank withdrawals cost nothing and reach you within 0-2 working days (cutoff 2pm EST).
Bank withdrawals from Uphold are free and take standard: at most 5 working days (free); instant: immediately (1.75%, min $1).
Kraken vs Uphold safety
Kraken has no NYDFS licence for New York.
Uphold has no NYDFS licence for New York.
Kraken vs Uphold apps and coins
On the App Store the Kraken app holds 4.7 out of 5 from 36,140 ratings, and on Google Play it holds 4.3 from 56,075 ratings.
On the App Store, Uphold has a 4.7 score out of 5 from 91,020 ratings.
Which should you pick, Kraken or Uphold?
- If Kraken Pro and its order book are what you'll use, pick Kraken.
- Choose Uphold when you want the Uphold app with its simple buy screen.
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