BitBay VS Kraken

Compare BitBay VS Kraken and see what are their differences

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One of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to our excellent service, low fees, versatile funding options and rigorous security standards

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2021-07-29

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BitBay Exchange Review by FXEMpire

Kraken videos

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BEST CRYPTO EXCHANGE? Coinbase Pro Vs. Kraken 🥊

Category Popularity

0-100% (relative to BitBay and Kraken)

BitBay

Kraken

Cryptocurrencies

8 8%

Cryptocurrencies

92% 92

Cryptocurrency Exchange

9 9%

Cryptocurrency Exchange

91% 91

Crypto

5 5%

Crypto

95% 95

Cryptocurrency Wallets

8 8%

Cryptocurrency Wallets

92% 92

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare BitBay and Kraken

BitBay Reviews

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Kraken Reviews

6 Best Coinbase Alternatives for 2022

Kraken, unlike Gemini, markets itself directly to daily traders who do not necessarily need advanced derivatives. Kraken feels like a more approachable Binance. Its inclusion of live support leads the market and makes it a preferred choice for investors new to crypto.

Source: investingintheweb.com

Best Online Brokers for Bitcoin Trading

Kraken - Kraken.com Kraken uses a maker-taker fee schedule with price incentives based on your trading volume over the last 30 days. For example, the average customer who trades less than $50,000 a month will pay $2.60 in fees for every $1,000 in trading volume. Fees for market makers range between 0% and 0.16%, while fees for takers range from 0.10% to 0.26%. This fee...

Source: www.stockbrokers.com

Social recommendations and mentions

Based on our record, Kraken seems to be a lot more popular than BitBay. While we know about 178 links to Kraken, we've tracked only 1 mention of BitBay. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

BitBay mentions (1)

Hi Poland! What are good and user-friendly trading platforms/brokers to use for investing in crypto currency or stocks?
BitBay is originally Polish exchange yet (as I read somewhere) moved their business to Estonia. Also, I'd recommend Kraken. Source: over 2 years ago

Kraken mentions (178)

Daily General Discussion - June 20, 2023 (GMT+0)
You can use kraken.com if you prefer a more beginner-friendly interface, or you can use the pro.kraken.com interface for a more professional trading experience. Source: 10 months ago
Scammer Watches $455K Vanish After Wasting 1 Year
The money wasn't real. Kraken built me a custom environment that made the scammer BELIEVE it was real since it said "kraken.com" on my computer. I also spent hours and hours talking to him and building up the story. Source: 10 months ago
Are Bitcoin staking rewards reinvested?
What the title says, are bitcoin rewards from staking reinvested. Or where are they? Are they paid in fiat or in bitcoin? I assume it's being reinvested because I don't have any money or bitcoin in the account itself. But I'm also looking at some confirmation in writing in kraken.com but I can't see anything. Source: 11 months ago
unstaked eth
Same boat: seems unstaking began & ended 17-APR according to the "Ledger" entries I see on kraken.com, but (1) I still have some relatively small amount of ETH2.S listed as "Staking, Rewards", and (2) despite having 13+ ETH in my Spot wallet, I can only withdraw 0.81856. Would expect to have ALL ETH2.S unstaked (regardless of reward v purchased), and be able to withdraw 100%. What am I missing? Source: about 1 year ago
Changing leverage on mobile app
Thanks for reaching out to us with this question. It can be a bit confusing. The Kraken Pro app doesn't currently support the ability to set your own leverage. There you are only able to move the balance you want to use. If you want to adjust the leverage, you can opt to use our classic interface on the web. There you can access the Advanced Order form which will offer you leverage flexibility. Source: about 1 year ago