Coinbase is the largest U.S. exchange and was listed on the Nasdaq in 2021. It clocked an all-time-high share price of $357.39 later that year. It’s launching an international exchange for professional overseas investors to trade crypto derivatives, kicking things off with BTC and ETH Perpetual futures.
Kraken hit the scene just two years after the Bitcoin blockchain was launched. That makes it one of the oldest cryptocurrency exchanges; it’s has lived through market surges and downturns over the decade – all without a major hack. It reached a valuation of over US$10 billion in 2022.
How do the two stack up against each other – and which is better for you? Let’s find out.
Overview of Kraken and Coinbase
While they both allow you to buy and sell cryptocurrencies, they have some key differences in their strengths and weaknesses.
Kraken
Kraken is a San Francisco-based exchange that was…