Software Alternatives & Reviews

Luno VS Kraken

Compare Luno VS Kraken and see what are their differences

Luno logo Luno

Money, reinvented

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
  • Luno Landing page
    Landing page //
    2023-09-13
Not present

Luno videos

Review of BITX-40 SSB QRP Rig Operations: #49

More videos:

  • Review - Building the v6.1 Micro BITX from India (#251)
  • Review - BITX-40 Construction Review: KEØOG Kwickie

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 Luno and Kraken)
Cryptocurrencies
12 12%
88% 88
Cryptocurrency Wallets
18 18%
82% 82
Crypto
8 8%
92% 92
Cryptocurrency Exchange

User comments

Share your experience with using Luno and Kraken. For example, how are they different and which one is better?
Log in or Post with

Reviews

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

Luno Reviews

  1. Excellent exchange

    £10 of Bitcoin free when you sign up, get verified with photo ID then enter code BPKSTEELE10 into the 'Rewards' tab. Completely free, no deposit required.

    Easy to navigate app, very low fees, superb support team. Free GBP deposits and withdrawals.

    🏁 Competitors: Gemini

BEST 25 Coinbase Alternatives (2021 Update)
Luno is a cryptocurrency exchange platform that offers numerous APIs for trading automation. This application is secure and easy to buy and store cryptocurrencies.
Source: www.guru99.com

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 seems to be a lot more popular than Luno. While we know about 178 links to Kraken, we've tracked only 15 mentions of Luno. 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.

Luno mentions (15)

  • Two offers - Luno - Free £40 of Bitcoin when you buy £100 of crypto - or - Free £10 of Bitcoin (No Deposit or Purchase Necessary)
    Luno currently has two offers available for new customers. These offers are very quick and easy to complete and are available to everyone aged 18 or over who lives in the UK. It's important to note that you can only choose **one** of the two promotions. The two offers are as follows: ​ **Promotion 1: Free £40 Bitcoin** If you are interested in getting £40 in Bitcoin for Free, Here are the steps: **(1)** Sign... Source: about 1 year ago
  • LUNO app - No.1 offer: Free £40 Bitcoin (with £100 crypto purchase). No.2 offer: Free £10 Bitcoin (no deposit or purchase needed). [Two Easy, Quick & Free Offers]
    Luno currently has two promotions available for new customers. These promotions are available to everyone aged 18 or over who lives in the UK. You can only choose one of the two promotions. The two offers are as follows: Promotion 1: Free £40 Bitcoin If you are interested in getting £40 in Bitcoin for Free, Here are the steps: (1) Sign up toLuno & Verify your ID (5 minutes) (2) Once signed up, Go to the... Source: over 1 year ago
  • Luno - Free £10 Bitcoin on sign up (no deposit or spend needed)
    1) Register on the Luno website or through the Luno app (https://luno.com) - You'll need to verify your account with photo ID (choose 'Profile, Settings, Verification' from the menu bar). Source: over 1 year ago
  • Free £10 of Bitcoin from Luno - No deposit or purchase necessary
    For a Free £10 from Luno: Just sign up and enter the code BPCOSHEA into the 'rewards' section of the app. You will instantly be credited with £10 Bitcoin. Source: over 1 year ago
  • Bobbob - High interest and investment app - Feedback please 😊
    Immediately get USDC and have it earning yield with Luno (a DCG subsidiary). Source: over 1 year ago
View more

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
View more

What are some alternatives?

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

Coinbase - Bitcoin, safe and easy.

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

Binance - Cryptocurrencies exchange platform

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

Electrum - Electrum is an easy to use Bitcoin client.

Kucoin - Find the Next #Crypto Gem on #KuCoin, the People's Exchange