Kraken VS Bittrex

Comparison
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General Information

KrakenBittrex
Year of foundation20112014
CountryUSAUSA
LanguagesEnglish, Japanese, Chinese, German, Spanish, Russian, Greek, Ukrainian, Turkish, French, Italian, Portuguese, and two types of KoreanEnglish, Russian, Chinese
Mobile appiOSiOS, Android

Registration and Verification

Kraken

Bittrex

Depositing and Withdrawing Funds

Trading Volumes and Traded Pairs

Kraken

Bittrex

Commission

Kraken

Bittrex

Security

Kraken

Bittrex

Pros and Cons

Kraken

Pros
  • number of trading pairs
  • margin trading
  • age of occurrence
  • security
  • flexible verification system
Cons
  • compulsory and complex verification

Bittrex

Pros
  • High level of security. The exchange has never been hacked.
  • Verification is carried out with a minimum amount of data about the client.
  • The account verification process is faster than on many other exchanges.
  • Average commissions on the market. Bittrex charges 0.25% for any transactions.
  • Support for more than 250 cryptocurrencies, including rare ones.
  • No deposit limits.
  • Up to 90% of customer funds are stored in cold wallets.
  • The exchange is available for work in most countries.
Cons
  • There is no margin trading and no possibility to get loans to open positions.
  • Liquidity at the exchange sometimes does not allow to quickly process transactions with large volumes.
  • Lack of incentive programs for new users.
  • No referral program.
  • Slow response of the support service to requests from users.
  • Problems with the verification.
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