Which Is The Best Crypto Exchange To Trade Upon? Kraken Or Coinbase
Till now we have been familiar with the use of fiat currencies. But the growing popularity of cryptocurrencies made a difference. It did not allow any third party or banks in becoming the mediator.
A person can trade for any cryptocurrency on any cryptocurrency exchange that seems suitable for him/her.
With the mention of cryptocurrency exchanges, there are many top names in this list including major ones like Binance, Kraken, Poloniex, GDAX, Gemini, Bittrex, Coinbase, etc.
Now it is human curiosity to know which is the better among the two. Let us take the example of Kraken vs Coinbase.
Both these crypto exchanges have made dominance in the US market in terms of cryptocurrency trading.
Let us know the difference between them, and find out which is the more suitable.
Use
In comparison to the Kraken exchange that can take much time in the process of buying crypto by following a rigid process, Coinbase is easier to use. Hereafter your account is checked, one can buy BTC or any other currency instantly.
Cryptocurrencies To Buy
Even though all major cryptocurrencies can be purchased from either exchange. However, Kraken exchange takes the lead in this case with a plethora of digital currencies including BTC, BCH, ETH, USDT, LTC, and other least known cryptocurrencies.
Compared to Kraken, Coinbase is limited to four major cryptocurrencies, including Bitcoin, Litecoin, Bitcoin Cash, and Ethereum only.
Safety
This is a very prominent query among many crypto traders. Well, yes there are security provisions provided by both the exchanges. Still, in this case, Coinbase excels to its competitor exchange in terms of extra protection facility.
Comments
Post a Comment