Kraken vs MoonPay: Which is Best? [2025]

Kraken

Popular and well-known exchange based in the USA.

MoonPay

Simple app to buy Bitcoin with your bank or debit card. Works in most countries but has very high fees.

Kraken

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.

MoonPay

Available in 160+ countries. Regulated globally with licenses in major jurisdictions including UK, US, EU, Canada, and Australia.

Kraken

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.

MoonPay

160+ cryptocurrencies including BTC, ETH, USDC, USDT, DAI and many more

Kraken

• Withdrawal Fees:
• ACH: Free
• Wire Transfer: $25
• SEPA: Free
• SWIFT: $25
• BTC: Network fees vary

MoonPay

• Deposit Fees:
• Bank Transfer: 1%
• Credit/Debit Card: 4.5%
• Apple Pay/Google Pay: 4.5%
• PayPal: 4.5%
• MoonPay Balance: 0%
• Withdrawal Fees:
• Bank Transfer: 1%
• PayPal: 3.4%
• BTC: Network fees apply

Kraken

ACH, Bank Account, Apple Pay, Google Pay, SEPA, Interac e-Transfer, Debit Card, PayPal

MoonPay

Bank Account, Credit Card, Debit Card, Apple Pay, Google Pay, PayPal

Kraken

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).

Kraken

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.

MoonPay

iOS Rating: 4.2 Official rating from the iOS App Store as of November 18, 2024.

Android Rating: 4.0 Official rating from the Android Play Store as of November 18, 2024.

Kraken

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.

MoonPay

Advanced security infrastructure with multi-signature wallets, cold storage solutions, and regular security audits. Features include 2FA authentication, biometric verification, and compliance with global regulatory standards.

Kraken

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.

MoonPay

No. No publicly reported major hacking incidents.

Kraken

kraken.com

MoonPay

moonpay.com

Kraken

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

MoonPay

No review available

"MoonPay has been fantastic for buying crypto quickly and easily. The verification process was smooth, and I love having multiple payment options. Their zero-fee feature with MoonPay Balance is a game-changer."
- Real user review from iOS App Store, Android Play Store or Trustpilot