Kraken is one of the safest cryptocurrency exchanges on the market and an industry pioneer, operating since 2013. It offers a wide selection of digital assets and trading options. But how do you choose between Kraken and Kraken Pro? This guide breaks down the differences to help you decide which platform aligns with your trading style.
Key Differences at a Glance
| Feature | Kraken | Kraken Pro |
|---|---|---|
| Target Users | Casual traders | Advanced traders |
| Interface | Simple, streamlined | Feature-rich, complex |
| Fees | Higher | Lower |
| Trading Tools | Basic | Advanced (margin, futures, API) |
| Speed | Instant buys/sells | Order book-based |
Who Should Choose Kraken?
👉 Discover how Kraken simplifies crypto trading for beginners and casual investors.
Kraken’s standard platform is ideal for:
– New traders who prefer a clean, intuitive interface.
– Users seeking instant buys/sells without navigating order books.
– Those interested in NFTs or staking rewards.
– Investors who want straightforward portfolio tracking.
Who Should Choose Kraken Pro?
👉 Explore Kraken Pro’s advanced features for seasoned traders.
Kraken Pro caters to:
– Experienced traders needing tools like margin trading or futures.
– Users prioritizing lower fees (0–0.26% vs. 1.5% on Kraken).
– Those who rely on API integrations or automated strategies.
– Traders comfortable with complex charts and depth-of-market data.
Making the Right Choice
Ultimately, your decision hinges on:
1. Skill Level: Beginners favor Kraken; pros prefer Kraken Pro.
2. Fee Sensitivity: Kraken Pro’s tiered fees save costs for high-volume traders.
3. Feature Needs: Advanced tools vs. simplicity.
Both platforms uphold Kraken’s reputation for security and reliability, making either a solid choice.
FAQs
Q: Can I switch between Kraken and Kraken Pro?
A: Yes! Both platforms share the same login credentials, allowing seamless transitions.
Q: Which platform has better fees?
A: Kraken Pro offers significantly lower fees (up to 90% cheaper) for limit orders.
Q: Does Kraken Pro support mobile trading?
A: Yes, but its interface is optimized for desktop users.
Q: Is staking available on Kraken Pro?
A: No—staking is exclusive to the standard Kraken platform.
Q: Are there withdrawal differences?
A: Both platforms follow the same withdrawal processes and limits.