Software Alternatives & Startups

Kraken VS Explained Visually

Compare Kraken VS Explained Visually and see what are their differences

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

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Rating
0 reviews
Pricing
Open source
Explained Visually

An experiment in making hard ideas intuitive.

Rating
0 reviews

Which is more popular?

Based on our record, Kraken seems to be a lot more popular than Explained Visually. While we know about 178 links to Kraken, we've tracked only 2 mentions of Explained Visually.

social mentions
178 vs 2
Cryptocurrencies popularity
98% vs 2%
alternatives listed
240+ vs 28

Base details

Website, pricing, platforms and company facts side by side.

Kraken
Explained Visually
Website kraken.com setosa.io
Pricing
Open source
Company Startup from the United States · 1,000 - 1,999 employees · 2011
Listed in

Features and specs

What each product offers, as listed by its team.

Kraken 6 features
Explained Visually 4 features
  • 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

  • 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.
  • Interactive Learning
    Provides interactive visualizations that help users understand complex concepts through engagement.
  • Simplified Explanations
    Breaks down difficult topics into easily comprehensible explanations, making them accessible to a wider audience.
  • Wide Range of Topics
    Covers various subjects, offering a broad spectrum of learning opportunities for users with different interests.
  • High-Quality Graphics
    Uses appealing and well-designed graphics that enhance understanding and retention of information.

Possible disadvantages

  • Limited Depth
    Some explanations may be too simplified for advanced users seeking in-depth understanding.
  • Dependent on Internet
    Requires a stable internet connection to access, which can be a limitation in areas with poor connectivity.
  • Device Compatibility
    Certain visualizations may not be compatible with all devices or screen sizes, affecting accessibility.

Analysis

An editorial look at what each product does well and who it suits.

Kraken
Explained Visually

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.

No analysis of Explained Visually yet.

Videos

Walkthroughs and reviews on video.

Kraken 3 videos + Add
Explained Visually 0 videos + Add

BEST CRYPTO EXCHANGE? Coinbase Pro Vs. Kraken 🥊

More videos

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

No Explained Visually videos yet. You could help us improve this page by suggesting one.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Kraken
Explained Visually
98% 98%
2% 2%
97% 97%
3% 3%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

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

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Kraken no reviews yet
Explained Visually no reviews yet

We have no reviews of Explained Visually yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Kraken 178 mentions
Explained Visually 2 mentions
  • 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: over 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: over 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... Source: over 3 years ago

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  • The Perceptron – An Interactive Explanation
    This is from one of the authors of Explained Visually, which has a ton of great visual explanations: https://setosa.io/ev/. - Source: Hacker News / almost 3 years ago
  • Is there a site that has most of the Computer Science algorithms/data structures animated?
    Several ML/statistics concepts are visually explained beautifully here: https://setosa.io/ev/. Source: almost 5 years ago

Alternatives to Kraken and Explained Visually

When comparing Kraken and Explained Visually, you can also consider the following products.