Kraken vs Strike: Which is Best? [2026]
Key differences
Kraken vs Strike Fees Calculator
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Kraken vs Strike in Comparison
Description
Popular and well-known exchange based in the USA.
Fast, secure US-based exchange with high limits.
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 in 65+ countries including United States, El Salvador, Argentina, Costa Rica, Philippines and more. Send Globally feature available in 12+ countries.
Get started with one of these exchanges
Supported Cryptocurrencies
Supports 582 crypto assets 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) on-chain and Lightning, USDT
Fees
- Withdrawal Fees:
- ACH: Free
- Wire Transfer: $25
- SEPA: Free
- SWIFT: $25
- BTC: Network fees vary
- Trading Fees:
- Under $250: 0.99%
- $250 - $2,000: 0.95%
- $2,000 - $5,000: 0.89%
- $5,000 - $50,000: 0.79%
- $50,000 - $500,000: 0.69%
- $500,000 - $5,000,000: 0.59%
- $5,000,000 - $15,000,000: 0.49%
- Over $15,000,000: 0.39%
- Bank transfers: Free
- On-chain BTC withdrawals: Network fee
~2% debit card deposit fee.
Ready to start buying Bitcoin?
Payment Methods
ACH, Bank Account, Apple Pay, Google Pay, SEPA, Interac e-Transfer, Debit Card, PayPal
Debit Card, ACH, and Wire Transfer
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).
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: 4.8 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.
Industry standard security measures including 2FA authentication. Non-custodial Lightning payments. Registered and regulated Money Services Business (MSB).
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 publicly reported security incidents
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
No review available
"Love the hourly auto buy feature on this app. Invite some friends and go fee free. Auto buy for a week and go fee free. Otherwise fees are super low compared to everything else. Will never buy BTC on the other platforms again. Highly recommend."
- Real user review from iOS App Store, Android Play Store or Trustpilot
Kraken vs Strike 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-$100M
- 0.08% for over $100M
- 0.99% for under $250
- 0.95% for $250-$2,000
- 0.89% for $2,000-$5,000
- 0.79% for $5,000-$50,000
- 0.69% for $50,000-$500,000
- 0.59% for $500,000-$5M
- 0.49% for $5M-$15M
- 0.39% for over $15M
Feature Set
Kraken offers over 200 cryptocurrencies, staking/interest earning options, advanced trading features, auto-DCA, and secure cold storage.
Strike supports BTC (on-chain & Lightning) and USDT, features auto-DCA, has a simple clean interface, and offers fast ACH buys.
Geographic Availability
Kraken is available in over 190 countries (except NY, WA, Japan, Russia, etc.). Strike is available in 65+ countries, including the U.S., El Salvador, Argentina, and Philippines, with limited Send Globally feature.
Security Features
Kraken features ISO 27001, SOC 2, cold storage, FIDO2, and proof of reserves. Strike implements 2FA, non-custodial Lightning, and standard security measures.
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.
Strike supports Debit Card, ACH, and Wire Transfer.
Customer Support
Kraken provides 24/7 human support, while Strike offers limited support through their app-based system.
Additional Features
Kraken offers interest-earning options, staking, and support for 200+ assets with advanced charts.
Strike focuses on auto-DCA and Lightning payments.
USA Only
Canada Only
