Software Alternatives & Reviews

LocalMonero VS Kraken

Compare LocalMonero VS Kraken and see what are their differences

LocalMonero logo LocalMonero

Get Monero. Fast, easy and safe. Near you.

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
  • LocalMonero Landing page
    Landing page //
    2022-01-19
Not present

LocalMonero

Categories
  • Cryptocurrencies
  • Cryptocurrency Exchange
  • Cryptocurrency Wallets
  • Image Optimisation
Website localmonero.co
Details $-

Kraken

Categories
  • Crypto
  • Cryptocurrency Exchange
  • Cryptocurrencies
  • Cryptocurrency Wallets
Website kraken.com
Details $

LocalMonero videos

LocalMonero - Buying Monero ANONYMOUSLY

More videos:

  • Tutorial - Cómo comprar XMR en LocalMonero - Tutorial
  • Review - What is LocalMonero?

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 LocalMonero and Kraken)
Cryptocurrencies
35 35%
65% 65
Cryptocurrency Exchange
40 40%
60% 60
Crypto
20 20%
80% 80
Cryptocurrency Wallets
31 31%
69% 69

User comments

Share your experience with using LocalMonero and Kraken. 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 LocalMonero and Kraken

LocalMonero Reviews

  1. Agoradesk.com/LocalMonero.co is Scam!!!

    Agoradesk.com/LocalMonero.co is Scam!!!

    The Admin of Agoradesk.com/LocalMonero.co telegram group https://t.me/LocalMonero is a Scumbag. His telegram is https://t.me/Alex_LocalMonero_AgoraDesk

    This is a screenshot of my chat with him https://ibb.co/Nxfxxgb

    I've know about LocalMonero for about a year but didn't really trusted them because it is shitty centralised platform and outdated website looks like crap, it doesn't build trust at all. And now, after loosing my money I know I should avoid even registering with them.

    Agoradesk.com/LocalMonero.co scammed me for 9500 usd by blocking my account right after I deposited another 10 xmr

    This is my account https://agoradesk.com/user/audy

    You can see they add a message=reason inventing an excuse to steal my money, linking me to other profile who, I found out later, Alex admin of Localmonero had an argument with.

    As I see now LocalMonero admin desided to co er his lose on my account. If they do it over 9500 usd than this means they have no trading volume and profit and ready to take your money just like that. They will make it look like it is your fault or whatever.

    Check this https://t.me/MoneroUK/12051 I contacted this guy and asked him what happened between him and Localmonero(scammers) and it looks like I am not the first one who was scammed by localmonero aka agoradesk

    Avoid this scammers and your money will be saved.

    That was my last time I ever user centralised exchanger. It is 3rd time I got burned.

    LocalMonero aka AgoraDesk is scam!!!! Stay away from it!!!!

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

Kraken might be a bit more popular than LocalMonero. We know about 178 links to it since March 2021 and only 120 links to LocalMonero. 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.

LocalMonero mentions (120)

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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: 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: 12 months 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 LocalMonero 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.

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

Binance - Cryptocurrencies exchange platform

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

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