Software Alternatives & Reviews

LocalCryptos VS Kraken

Compare LocalCryptos VS Kraken and see what are their differences

LocalCryptos logo LocalCryptos

LocalCryptos is one of the leading and secure peer-to-peer crypto marketplaces online.

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
  • LocalCryptos Landing page
    Landing page //
    2023-04-12
Not present

LocalCryptos videos

LocalCryptos Review (No KYC Trading)

More videos:

  • Tutorial - CRYPTO: How to buy Crypto on LocalCryptos.com
  • Tutorial - How to buy Buy and Sell Bitcoin or Ethereum on P2P Exchange Localcryptos com

Kraken videos

BEST CRYPTO EXCHANGE? Coinbase Pro Vs. Kraken 🥊

More videos:

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

Category Popularity

0-100% (relative to LocalCryptos and Kraken)
Cryptocurrencies
19 19%
81% 81
Finance
100 100%
0% 0
Crypto
0 0%
100% 100
Cryptocurrency Exchange
17 17%
83% 83

User comments

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Reviews

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

LocalCryptos 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.
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...

Social recommendations and mentions

Based on our record, Kraken should be more popular than LocalCryptos. It has been mentiond 178 times since March 2021. 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.

LocalCryptos mentions (24)

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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: 11 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: 11 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
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What are some alternatives?

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

Bisq - Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative cryptocurrencies.

Coinbase - Bitcoin, safe and easy.

LocalCoinSwap - Community-owned P2P cryptocurrency exchange with no KYC and 95% cold storage wallet security.

Binance - Cryptocurrencies exchange platform

AgoraDesk - P2P OTC exchange for trading Bitcoin, Monero and their options. No KYC/AML. Made by the LocalMonero team.

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.