Fee comparison
Kraken vs Binance fees
Kraken and Binance each come out cheaper in some scenarios. We priced three everyday transactions in United Kingdom (GBP) on both exchanges, including the spread, deposit, conversion and withdrawal costs that the trading fee leaves out.
Scenario 1
Buy £1,000 of BTC by bank transfer, withdraw on Bitcoin
KrakenMissing withdrawal fee
BinanceMissing spread, deposit fee
Scenario 2
Buy £500 of ETH by card, withdraw on Arbitrum
KrakenMissing withdrawal fee
BinanceMissing spread, deposit fee
Scenario 3
Buy £250 of USDT by bank transfer, withdraw on Tron
KrakenMissing spread, withdrawal fee
BinanceMissing spread, deposit fee
Fee schedule side by side
| Fee | Kraken | Binance |
|---|---|---|
| Taker fee | 0.80% | 0.10% |
| Maker fee | 0.40% | 0.10% |
| Estimated spread (BTC) | 0.01% | Unknown |
| Bank deposit | Free | EUR: €1.00 · BRL, USD: Free |
| Card deposit | EUR: 3.75% + €0.25 · USD: 3.75% + $0.25 · GBP: 3.75% + £0.25 | Unknown |
| BTC withdrawal | Unknown | 0.00002 BTC |
| Currencies accepted | USD, EUR, GBP | USD, EUR, GBP, BRL, MXN, UAH, TRY |
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