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BingX vs Kraken

Copy Trading Specialist with 150x Leverage and VIP Discounts up to 45%The regulated veteran with strong security, 1,200+ spot pairs and EU futures

Updated: September 2026

Kraken has been operating since 2011 and is one of the most established platforms in the industry. BingX, founded in 2018, is 7 years younger and positions itself as "Copy Trading Specialist with 150x Leverage and VIP Discounts up to 45%". Both exchanges cater to active crypto traders — but the differences in fees, coin selection, and regulation are significant.

When it comes to fees, BingX has the edge: 0.10% spot taker fee compared to 0.80% at Kraken. On a $10,000 trade, that's a saving of $70 per transaction. For futures trading, BingX offers the better rates. Additional perk at BingX: 10% futures fee rebate via CryptoExchangePicks.com + up to 45% VIP discount.

Regulatory scope: BingX: No EU MiCA license; operates via non-EU registrations. Kraken: MiCA-regulated via Kraken EU subsidiaries licensed by the Central Bank of Ireland. Protection and reserve disclosures: BingX: Separate protection fund; Kraken: Kraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund.

BingX stands out with Copy Trading, Grid Trading, Bots, while Kraken differentiates itself through Staking, Futures, Earn. In terms of coin selection, BingX leads with 500+ trading pairs compared to Kraken's 1,200+ crypto pairs.

Editorial CryptoExchangePicks Ratings

BingX
4.1
Kraken
4.3
⚡ Quick Verdict

BingX wins the head-to-head comparison in 7 out of 11 categories (2x Kraken, 2x tie). BingX offers lower fees. However, Kraken has a higher overall rating (4.3 vs. 4.1).

Which Exchange Is Better for You?

🎓Beginners
🏆 Kraken

Kraken offers the easier onboarding experience, a polished mobile app and Support Center/In-App Chat; situational in-app voice support.

💰Lowest Fees
🏆 BingX

BingX charges 0.10% spot taker fee plus 10% futures fee rebate via CryptoExchangePicks.com + up to 45% VIP discount.

🔒Maximum Security
🏆 Kraken

Kraken: MiCA-regulated via Kraken EU subsidiaries licensed by the Central Bank of Ireland. Protection/reserve disclosure: Kraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund.

🪙Altcoin Selection
🏆 BingX

BingX lists 500+ trading pairs — 498.8+ more than Kraken.

👥Copy Trading
🏆 BingX

Only BingX offers copy trading. Kraken does not have this feature.

🤖Grid Bots
🏆 BingX

Only BingX offers grid bots (Spot Grid, Futures Grid, DCA Bot).

Comparison Table

CriteriaBingXKraken🏆
Spot Maker Fee0.10%0.40%BingX
Spot Taker Fee0.10%0.80%BingX
Futures Maker Fee0.02%0.02%
Futures Taker Fee0.05%0.05%
Max Leverage150x10xBingX
Trading Pairs500+1,200+ crypto pairsBingX
Copy TradingYes (Score 9)NoBingX
Grid BotsYes (3 Types)NoBingX
Insurance FundSeparate protection fundKraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fundKraken
KYCOptional up to 50k USDT/24hYesBingX
Editorial Rating4.1/54.3/5Kraken

Bonus via CryptoExchangePicks

BingX via CryptoExchangePicks

10% Futures Fee-Back + 7,700 USDT

10% futures fee rebate + up to 7,700 USDT bonus

⭐ Exclusive on CryptoExchangePicks.comView details →

Kraken via CryptoExchangePicks

Spin up to $2,500

Spin to Win: up to $2,500, subject to regional rollout and daily/30-day limits

View details →

Fees in Detail

BingX

Spot Maker0.1% 🏆
Spot Taker0.1% 🏆
Futures Maker0.02%
Futures Taker0.05%
Discount10% futures fee rebate via CryptoExchangePicks.com + up to 45% VIP discount

Kraken

Spot Maker0.4%
Spot Taker0.8%
Futures Maker0.02%
Futures Taker0.05%
DiscountNone
BingX or Kraken — which exchange is better?
BingX leads the editorial comparison in 7 out of 11 categories. Kraken takes 2 categories, with 2 ties. BingX excels with 10% futures fee rebate exclusively via cryptoexchangepicks.com, while Kraken counters with on the market since 2011 — one of the oldest providers. The best choice depends on your individual priorities.
How much can I save at BingX compared to Kraken on fees?
BingX charges 0.10% spot taker fee vs. Kraken's 0.80%. On a $10,000 trade, that's a saving of $70 per transaction. Additional fee note for BingX: 10% futures fee rebate via CryptoExchangePicks.com + up to 45% VIP discount. Futures fees: BingX 0.05% vs. Kraken 0.05%.
Which exchange is safer — BingX or Kraken?
BingX: No EU MiCA license; operates via non-EU registrations; listed security measures: 2FA, IP Whitelist, Anti-Phishing; protection/reserve disclosure: Separate protection fund. Kraken: MiCA-regulated via Kraken EU subsidiaries licensed by the Central Bank of Ireland; listed security measures: 2FA, Global Settings Lock; protection/reserve disclosure: Kraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund.
BingX or Kraken — which has more cryptocurrencies?
BingX lists 500+ trading pairs, while Kraken offers 1,200+ crypto pairs. If you want to trade a wide range of altcoins or get early access to new projects, BingX is the better choice. Kraken focuses on a curated selection, which can be less overwhelming for beginners.
Can I use copy trading on Kraken like on BingX?
No, Kraken does not currently offer copy trading. BingX has a mature copy trading platform (score: 9/10) where you can automatically mirror successful traders. If copy trading matters to you, BingX is the clear choice.
Which exchange is easier to use — BingX or Kraken?
Kraken scores higher for beginners (7/10) thanks to an intuitive mobile app, easy deposit methods and Support Center/In-App Chat; situational in-app voice support. BingX (score: 6/10) is also usable but has a steeper learning curve. For absolute beginners, try our Exchange Finder quiz.
Which exchange has the better welcome bonus — BingX or Kraken?
BingX: 10% Futures Fee-Back + 7,700 USDT (exclusive via CryptoExchangePicks). Kraken: Spin up to $2,500. Check the official conditions before registering; eligibility can depend on region, account status, opt-in, deposits or trading volume.