Kraken vs BISON: Which is Best? [2025]
Key differences
- Kraken supports over 200 cryptocurrencies globally, while BISON supports 32 cryptocurrencies with a focus on major assets.
- BISON offers fee-free trading with only spread costs, while Kraken charges 0.40% trading fees plus no spread.
- Kraken is available in 190+ countries, while BISON is available in 72 countries with headquarters in Germany.
- Kraken supports multiple payment methods including ACH, SEPA, wire transfers, while BISON supports SEPA transfers, credit cards, Apple Pay, and Google Pay.
Kraken vs BISON Fees Calculator
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Enter the amount you want to buy and we'll show you the estimated fees for each exchange.
Kraken vs BISON in Comparison
Description
Popular and well-known exchange based in the USA.
BISON is a German cryptocurrency trading platform powered by the Boerse Stuttgart Group, offering fee-free trading with Bitcoin and 30+ other cryptocurrencies.
Supported Countries
Available in over 190 countries globally with some restrictions. Not available in New York, Washington state, Japan, Russia, Belarus, Cuba, Iran, Iraq, North Korea and a few other restricted regions. Some European countries have restrictions on specific services like futures trading.
Available to users from 72 countries with headquarters in Germany. Regulated by BaFin and holds MiCAR license for European operations.
Supported Cryptocurrencies
Over 200 cryptocurrencies supported including BTC, ETH, USDC, SOL, DOGE, SHIB, XRP, ADA, MATIC, DOT, AVAX, LINK, MANA, LUNA2, ATOM, ALGO, APT, ARB, FTM, NEAR, OP, PYUSD, STRK, SUI, TON, TRX, XLM, XMR, XTZ and many more across multiple networks including Ethereum, Solana, Bitcoin, Polygon, Arbitrum, and others.
Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Stellar Lumens (XLM), Chainlink (LINK), Bitcoin Cash (BCH), Avalanche (AVAX), Polygon (POL), Shiba Inu (SHIB), Litecoin (LTC), Polkadot (DOT), Uniswap (UNI), and 16+ more cryptocurrencies
Fees
- Withdrawal Fees:
- ACH: Free
- Wire Transfer: $25
- SEPA: Free
- SWIFT: $25
- BTC: Network fees vary
- Trading Fees: 0% (Fee-free trading)
- Spread: 1.25% (may vary based on market conditions and volume)
- Deposit Fees:
- SEPA: Free
- Credit Card/Apple Pay/Google Pay: 2.49%
- Withdrawal Fees: Free
- Staking Commission: 27% of staking rewards
Payment Methods
ACH, Bank Account, Apple Pay, Google Pay, SEPA, Interac e-Transfer, Debit Card, PayPal
SEPABank AccountCredit CardApple PayGoogle Pay
Do These Exchanges Allow you To Earn Interest on Crypto?
0.15% - 6.5%
Available for BTC (0.15% bonded/0.1% flexible), USDT/USD/USDC (6.5% bonded/4.5% flexible), and EUR (4.45% bonded/3.5% flexible).
0
No interest offered on cryptocurrency holdings. Focus is on fee-free trading and secure custody.
Mobile App Ratings
iOS Rating: 4.7 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.3 Official rating from the Android Play Store as of November 18, 2024.
iOS Rating: 4.6 Official rating from the iOS App Store as of November 18, 2024.
Android Rating: 4.6 Official rating from the Android Play Store as of November 18, 2024.
Storage
Industry-leading security with ISO/IEC 27001:2013 certification and SOC 2 Type 1 examination. Funds stored in secure cold storage with 24/7 armed guard surveillance. Features include advanced encryption, FIDO2 2FA, customizable API permissions, global settings time lock, and proof of reserves auditing. No phone/SMS recovery to prevent SIM swap attacks. Expert security team with constant monitoring and testing.
All cryptocurrencies are securely held in fiduciary trust by Boerse Stuttgart Digital Custody GmbH. Multi-layered security system with ISO certification. Euro balances held with Solaris SE and Deutsche Bank with up to €100,000 statutory deposit insurance protection.
Have These Exchanges Been Hacked Before?
Yes, Kraken was hacked in June 2024, but the crypto exchange was able to fix the breach within 47 minutes and no client funds were lost.
No security incidents reported.
Official Site
Exchange Review
No review available
"What a fantastic trading platform. Wonderful to have it as the mobile version, being able to work your trades on the go. Keeping up with the portfolio just became incredibly easy! Love you guys and thank you for the work. New trader here! The interface is easy to navigate and a pleasure on the eyes. The setup is notable, and perhaps there should be instructions provided in the app upon first launch. :)"
- Real user review from iOS App Store, Android Play Store or Trustpilot
"The BISON app is simple and self-explanatory."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Kraken vs BISON Comparison
Fee Structures
Kraken (taker) uses a tiered fee structure based on 30-day trading volume:
- 0.40% for under $10,000
- 0.35% for $10,000-$50,000
- 0.24% for $50,000-$100,000
- 0.22% for $100,000-$250,000
- 0.20% for $250,000-$500,000
- 0.18% for $500,000-$1M
- 0.16% for $1M-$2.5M
- 0.14% for $2.5M-$5M
- 0.12% for $5M-$10M
- 0.10% for $10M+
Feature Set
Kraken offers over 200 cryptocurrencies, staking/interest earning options (0.15% - 6.5%), advanced trading features, auto-DCA, margin trading, and secure cold storage with industry-leading security certifications.
BISON supports 32 cryptocurrencies including Bitcoin, Ethereum, Solana, Dogecoin, and other major assets. Features include fee-free trading, auto-DCA, and secure custody through Boerse Stuttgart Digital Custody. The platform focuses on simplicity with a user-friendly mobile app interface.
Geographic Availability
Kraken is available in over 190 countries globally, though restricted in New York, Washington state, Japan, Russia, Belarus, Cuba, Iran, Iraq, North Korea and a few other regions.
BISON is available to users from 72 countries with headquarters in Germany. Regulated by BaFin and holds MiCAR license for European operations.
Payment Methods
Kraken supports ACH, Bank Account (including wire transfers, Fedwire/SWIFT, Etana Custody, FPS/CHAPS/BACS for UK, SIC for Switzerland, and PayID/Osko for Australia), SEPA, Interac e-Transfer, Debit Card, PayPal, Apple Pay, and Google Pay.
BISON supports SEPA transfers (free), credit cards (2.49%), Apple Pay (2.49%), and Google Pay (2.49%).
Security Features
Kraken features ISO 27001, SOC 2, cold storage, FIDO2 2FA, and proof of reserves auditing with 24/7 armed guard surveillance.
BISON implements multi-layered security with ISO certification. All cryptocurrencies are securely held in fiduciary trust by Boerse Stuttgart Digital Custody GmbH. Euro balances are held with Solaris SE and Deutsche Bank with up to €100,000 statutory deposit insurance protection. No security incidents reported.
Customer Support
Kraken provides 24/7 human support with global availability. BISON offers human support with a focus on German and European markets, backed by the Boerse Stuttgart Group's over 160 years of financial expertise.
Additional Features
Kraken offers interest-earning options, staking, margin trading, and support for 200+ assets with advanced charts and trading tools.
BISON focuses on simplicity with fee-free trading and secure custody. The platform is "Made in Germany" and powered by the Boerse Stuttgart Group, providing institutional-grade security with a user-friendly mobile experience. Staking is available with a 27% commission on rewards.
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