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BloFin LogoVSKraken Logo

BloFin vs Kraken

Derivatives Specialist with 150x Leverage, VIP Program, and Copy TradingThe 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. BloFin, founded in 2019, is 8 years younger and positions itself as "Derivatives Specialist with 150x Leverage, VIP Program, and Copy Trading". Both exchanges cater to active crypto traders — but the differences in fees, coin selection, and regulation are significant.

When it comes to fees, BloFin 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, Kraken offers the better rates. Additional perk at BloFin: 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + VIP program.

Regulatory scope: BloFin: MSB License USA/VASP License South Korea. Kraken: MiCA-regulated via Kraken EU subsidiaries licensed by the Central Bank of Ireland. Protection and reserve disclosures: BloFin: Separate protection fund; Kraken: Kraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund.

BloFin stands out with Copy Trading, Demo Trading, Trading Bots, while Kraken differentiates itself through Staking, Futures, Earn. In terms of coin selection, BloFin leads with 700+ trading pairs compared to Kraken's 1,200+ crypto pairs.

Editorial CryptoExchangePicks Ratings

BloFin
4.1
Kraken
4.3
⚡ Quick Verdict

BloFin wins the head-to-head comparison in 7 out of 11 categories (3x Kraken, 1x tie). BloFin 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
🏆 BloFin

BloFin charges 0.10% spot taker fee plus 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + VIP program.

🔒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
🏆 BloFin

BloFin lists 700+ trading pairs — 698.8+ more than Kraken.

👥Copy Trading
🏆 BloFin

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

🤖Grid Bots
🏆 BloFin

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

Comparison Table

CriteriaBloFinKraken🏆
Spot Maker Fee0.10%0.40%BloFin
Spot Taker Fee0.10%0.80%BloFin
Futures Maker Fee0.02%0.02%
Futures Taker Fee0.06%0.05%Kraken
Max Leverage150x10xBloFin
Trading Pairs700+1,200+ crypto pairsBloFin
Copy TradingYes (Score 8)NoBloFin
Grid BotsYes (3 Types)NoBloFin
Insurance FundSeparate protection fundKraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fundKraken
KYCOptional up to 20k USDT/24hYesBloFin
Editorial Rating4.1/54.3/5Kraken

Bonus via CryptoExchangePicks

BloFin via CryptoExchangePicks

10% Fee-Back + 5,000 USDT

10% fee rebate + up to 5,000 USDT welcome 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

BloFin

Spot Maker0.1% 🏆
Spot Taker0.1% 🏆
Futures Maker0.02%
Futures Taker0.06%
Discount10% fee rebate on Spot & Futures via CryptoExchangePicks.com + VIP program

Kraken

Spot Maker0.4%
Spot Taker0.8%
Futures Maker0.02%
Futures Taker0.05% 🏆
DiscountNone
BloFin or Kraken — which exchange is better?
BloFin leads the editorial comparison in 7 out of 11 categories. Kraken takes 3 categories, with 1 ties. BloFin excels with 10% fee rebate on spot & futures 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 BloFin compared to Kraken on fees?
BloFin 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 BloFin: 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + VIP program. Futures fees: BloFin 0.06% vs. Kraken 0.05%.
Which exchange is safer — BloFin or Kraken?
BloFin: MSB License USA/VASP License South Korea; listed security measures: 2FA, Anti-Phishing, IP Whitelist; 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.
BloFin or Kraken — which has more cryptocurrencies?
BloFin lists 700+ 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, BloFin 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 BloFin?
No, Kraken does not currently offer copy trading. BloFin has a mature copy trading platform (score: 8/10) where you can automatically mirror successful traders. If copy trading matters to you, BloFin is the clear choice.
Which exchange is easier to use — BloFin 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. BloFin (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 — BloFin or Kraken?
BloFin: 10% Fee-Back + 5,000 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.