Software Alternatives, Accelerators & Startups

Kraken VS DrawSQL

Compare Kraken VS DrawSQL and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Kraken logo Kraken

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

DrawSQL logo DrawSQL

Easy database diagrams. Create, visualize and collaborate on your database entity relationship diagrams.
Not present
  • DrawSQL Landing page
    Landing page //
    2022-10-03

DrawSQL is a simple, beautiful database diagram editor for developers to ๐Ÿšง create, ๐Ÿ’ฌ collaborate and ๐Ÿ‘€ visualize their entity relationship diagrams.

Kraken

Website
kraken.com
Pricing URL
-
$ Details
Platforms
-
Release Date
2011 January
Startup details
Country
United States
State
California
Founder(s)
Jesse Powell
Employees
1,000 - 1,999

DrawSQL

$ Details
freemium $15.0 / Monthly
Platforms
Browser
Release Date
2018 November

Kraken features and specs

  • Security
    Kraken is known for its strong security measures, including two-factor authentication (2FA), encryption, and cold storage for the majority of users' assets.
  • Wide Range of Cryptocurrencies
    Kraken supports a large number of cryptocurrencies and trading pairs, making it suitable for users interested in diversifying their portfolios.
  • Low Fees
    Kraken offers competitive fees, which vary based on your trading volume. Generally, the higher your trading volume, the lower the fees you'll incur.
  • Advanced Trading Features
    Kraken provides advanced trading features such as margin trading, futures trading, and various order types, catering to more experienced traders.
  • Regulated Entity
    Being one of the more regulated exchanges, Kraken complies with various regulatory requirements, adding an extra layer of trust for users.
  • Customer Support
    Kraken offers 24/7 customer support through various channels, including live chat and email.

Possible disadvantages of Kraken

  • Complex Interface
    The advanced features and trading options may make the interface seem complicated for beginners, potentially leading to a steep learning curve.
  • Withdrawal Fees
    While trading fees can be low, Kraken does charge fees for withdrawing cryptocurrencies and fiat, which may be considered high for some users.
  • Verification Process
    Kraken's verification process for new accounts can be time-consuming and requires detailed personal information, which may be a drawback for some users.
  • Occasional Downtime
    Some users have reported occasional downtime and slow website performance during periods of high trading volume, which can be frustrating.
  • Geographic Restrictions
    Kraken is not available in all countries, and specific features may be restricted based on geographic location.

DrawSQL features and specs

  • Easy to Set-up and use
  • Clean UI
  • Free Trial

Analysis of Kraken

Overall verdict

  • Kraken is a well-regarded cryptocurrency exchange with a strong reputation in the industry. It is praised for its security, extensive features, and user-friendliness, making it a solid choice for many cryptocurrency traders.

Why this product is good

  • Kraken is considered a good cryptocurrency exchange due to its strong security measures, comprehensive range of cryptocurrencies, and advanced trading features. The platform offers competitive fees, high liquidity, and robust customer support, making it a reliable choice for both beginners and experienced traders. Kraken is also known for its transparency and compliance with regulatory standards, which adds an extra layer of trust for users.

Recommended for

  • Beginner traders who are looking for a secure and user-friendly platform.
  • Professional traders who require advanced features and high liquidity.
  • Investors interested in a wide range of cryptocurrencies and fiat trading pairs.
  • Security-conscious individuals who prioritize transparent and compliant exchanges.

Kraken videos

BEST CRYPTO EXCHANGE? Coinbase Pro Vs. Kraken ๐ŸฅŠ

More videos:

  • Review - Kraken Exchange Review
  • Review - Kraken Bitcoin & Crypto Exchange REVIEW - Is It Trustworthy in 2021?

DrawSQL videos

DrawSQL: Create and visualize beautiful database entity relationship diagrams.

Category Popularity

0-100% (relative to Kraken and DrawSQL)
Cryptocurrencies
100 100%
0% 0
Database Tools
0 0%
100% 100
Crypto
100 100%
0% 0
Developer Tools
0 0%
100% 100

User comments

Share your experience with using Kraken and DrawSQL. For example, how are they different and which one is better?
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Reviews

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

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.
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...

DrawSQL Reviews

Best Database Diagram Tools โ€“ Free and Paid
Web tools like dbdiagram.io, DrawSQL, and SqlDBM are ideal for remote teams, quick access, and easy sharing. They run in the browser, require no setup, and often include real-time collaboration. Desktop tools like dbForge Studio and DbSchema, on the other hand, offer deeper control, live database integration, and richer offline capabilitiesโ€”ideal for complex enterprise...
Source: blog.devart.com
8 Best Database Design Tools in 2025
DrawSQL is a fast and user-friendly tool designed for creating, visualizing, and designing ER diagrams. It enables users to analyze relationships among database objects and generate SQL (DDL) scripts to convert diagrams into databases. Additionally, users can export live documents of their database schemas for future reference. DrawSQL suits both individual users and...
Source: www.devart.com

Social recommendations and mentions

Based on our record, Kraken seems to be a lot more popular than DrawSQL. While we know about 178 links to Kraken, we've tracked only 12 mentions of DrawSQL. 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.

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: about 3 years 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: about 3 years 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: about 3 years 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 3 years 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 3 years ago
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DrawSQL mentions (12)

  • AI assistance in Development
    With this, I went for designing the db. I went to http://drawsql.app/ and created my first draft. Then exported the DDL and did a bit of back and forth with AI. This is the final draft of the database:. - Source: dev.to / 8 months ago
  • How Changing Requirements Shape the Infrastructure of a Software Project
    So I started designing the DB using this cool tool. The project has 2 tables, users and categories . The user can create many categories as he wants so the first approach I took was creating a third table, a union table to store user_id and category_id. With this solution the users are able to create x numbers of categories and we can see assign the category to the user. - Source: dev.to / over 1 year ago
  • Creating Diagrams and Databases with Online Tools
    Once you have generated the SQL code, you can convert it into a relational schema (the graphical table model) using DrawSQL. This tool offers:. - Source: dev.to / over 1 year ago
  • ๐Ÿ–Œ๏ธ 5+1 Online Tools for Sketches, Wireframes, Drawings, and Diagrams
    DrawSQL makes it easy for teams to collaborate on creating and maintaining schema diagrams. With a single source of truth, there's no need for manually syncing diagram files between different developers and offline tools anymore. Source: almost 3 years ago
  • Newbie: Trying to use Supabase Auth fully with its database.
    To be honest, since you are just getting started, I think you should reconsider simplifying this app to begin with. Built something easier and get some more experience before jumping in the ocean. Maybe start by focusing only on the parent company and sub-companies. However, I strongly recommend you to try and make a diagram of your database with relations and columns as it can you a lot of time. I personally use... Source: about 3 years ago
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What are some alternatives?

When comparing Kraken and DrawSQL, you can also consider the following products

Coinbase - Bitcoin, safe and easy.

DBDiagram.io - Free database diagrams designer for analysts & developers ๐Ÿ› 

Binance - Cryptocurrencies exchange platform

Azimutt - Next-Gen ERD to Design, Explore and Document real world databases (big and messy ones ^^)

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.

MySQL Workbench - MySQL Workbench is a unified visual tool for database architects, developers, and DBAs.