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Kraken LogoVSMEXC Logo

Kraken vs MEXC

The regulated veteran with strong security, 1,200+ spot pairs and EU futuresThe Altcoin Machine with 0% Maker Fees and Massive Selection

Updated: September 2026

Kraken has been operating since 2011 and is one of the most established platforms in the industry. MEXC, founded in 2018, is 7 years younger and positions itself as "The Altcoin Machine with 0% Maker Fees and Massive Selection". Both exchanges cater to active crypto traders — but the differences in fees, coin selection, and regulation are significant.

When it comes to fees, MEXC has the edge: 0.05% spot taker fee compared to 0.80% at Kraken. On a $10,000 trade, that's a saving of $75 per transaction. For futures trading, MEXC offers the better rates. Additional perk at MEXC: 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + MX Token discounts.

Regulatory scope: Kraken: MiCA-regulated via Kraken EU subsidiaries licensed by the Central Bank of Ireland. MEXC: No MiCA license; on the ESMA non-compliance list (AFM warning, Sept 2025). Protection and reserve disclosures: Kraken: Kraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund; MEXC: $657M USD.

Kraken stands out with Staking, Futures, Earn, while MEXC differentiates itself through Launchpad, ETF Trading, DeFi Vault. In terms of coin selection, MEXC leads with 2600+ trading pairs compared to Kraken's 1,200+ crypto pairs.

Editorial CryptoExchangePicks Ratings

Kraken
4.3
MEXC
4.4
⚡ Quick Verdict

MEXC wins the head-to-head comparison in 10 out of 11 categories (0x Kraken, 1x tie). MEXC offers lower fees.

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
🏆 MEXC

MEXC charges 0.05% spot taker fee plus 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + MX Token discounts.

🔒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
🏆 MEXC

MEXC lists 2600+ trading pairs — 2598.8+ more than Kraken.

👥Copy Trading
🏆 MEXC

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

Comparison Table

CriteriaKrakenMEXC🏆
Spot Maker Fee0.40%0.00%MEXC
Spot Taker Fee0.80%0.05%MEXC
Futures Maker Fee0.02%0.00%MEXC
Futures Taker Fee0.05%0.02%MEXC
Max Leverage10x200xMEXC
Trading Pairs1,200+ crypto pairs2600+MEXC
Copy TradingNoYes (Score 7)MEXC
Grid BotsNoNo
Insurance FundKraken Security Labs, cold storage and proof-of-reserves approach; no quantified public insurance fund$657M USDMEXC
KYCYesOptional up to 30k USDT/24hMEXC
Editorial Rating4.3/54.4/5MEXC

Bonus via CryptoExchangePicks

Kraken via CryptoExchangePicks

Spin up to $2,500

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

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MEXC via CryptoExchangePicks

10% Fee-Back + 8,000 USDT

10% fee rebate + up to 8,000 USDT welcome bonus

⭐ Exclusive on CryptoExchangePicks.comView details →

Fees in Detail

Kraken

Spot Maker0.4%
Spot Taker0.8%
Futures Maker0.02%
Futures Taker0.05%
DiscountNone

MEXC

Spot Maker0% 🏆
Spot Taker0.05% 🏆
Futures Maker0% 🏆
Futures Taker0.02% 🏆
Discount10% fee rebate on Spot & Futures via CryptoExchangePicks.com + MX Token discounts
Kraken or MEXC — which exchange is better?
MEXC leads the editorial comparison in 10 out of 11 categories. Kraken takes 0 categories, with 1 ties. MEXC 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 MEXC compared to Kraken on fees?
MEXC charges 0.05% spot taker fee vs. Kraken's 0.80%. On a $10,000 trade, that's a saving of $75 per transaction. Additional fee note for MEXC: 10% fee rebate on Spot & Futures via CryptoExchangePicks.com + MX Token discounts. Futures fees: MEXC 0.02% vs. Kraken 0.05%.
Which exchange is safer — Kraken or MEXC?
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. MEXC: No MiCA license; on the ESMA non-compliance list (AFM warning, Sept 2025); listed security measures: 2FA, Anti-Phishing, IP Whitelist; protection/reserve disclosure: $657M USD.
MEXC or Kraken — which has more cryptocurrencies?
MEXC lists 2600+ 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, MEXC 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 MEXC?
No, Kraken does not currently offer copy trading. MEXC has a mature copy trading platform (score: 7/10) where you can automatically mirror successful traders. If copy trading matters to you, MEXC is the clear choice.
Which exchange is easier to use — Kraken or MEXC?
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. MEXC (score: 5/10) is also usable but has a steeper learning curve. For absolute beginners, try our Exchange Finder quiz.
Which exchange has the better welcome bonus — Kraken or MEXC?
Kraken: Spin up to $2,500. MEXC: 10% Fee-Back + 8,000 USDT (exclusive via CryptoExchangePicks). Check the official conditions before registering; eligibility can depend on region, account status, opt-in, deposits or trading volume.