Software Alternatives & Reviews

BitBox02 VS Kraken

Compare BitBox02 VS Kraken and see what are their differences

BitBox02 logo BitBox02

Secure and easy-to-use hardware wallet for Bitcoin and crypto currencies

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
  • BitBox02 Landing page
    Landing page //
    2020-09-18

The BitBox02 is a hardware wallet made by Shift Crypto that simplifies secure handling of crypto coins through storing private keys and signing transactions. Two editions are available one is a Bitcoin-only and one supporting multiple crypto currencies such as Bitcoin, Litecoin, Ethereum and Cardano and various tokens.

Not present

BitBox02

$ Details
€149.0 / One-off (Hardware wallet Bitcoin-only and multi coin edition)
Platforms
Windows Android Mac OSX Linux
Release Date
2019 September

Kraken

Website
kraken.com
Pricing URL
-
$ Details
Platforms
-
Release Date
-

BitBox02 features and specs

  • Backups: Easy backup and restore on microSD
  • Security: Dual chip design using a secure chip, U2F support
  • Connection: USB-C & A compatible, cable included
  • Cryptocurrency: Bitcoin, Litecoin, Cardano, Ethereum and tokens
  • Privacy: Tor support

Kraken features and specs

No features have been listed yet.

BitBox02 videos

BitBox02: Setup

More videos:

  • Demo - BitBox02: Send
  • Demo - BitBox02: Receive
  • Review - How to Set Up & Use the Bitbox02 Hardware Wallet Multicurrency Edition 2020

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 BitBox02 and Kraken)
Cryptocurrency Wallets
42 42%
58% 58
Cryptocurrencies
21 21%
79% 79
Crypto
23 23%
77% 77
Cryptocurrency Exchange
0 0%
100% 100

Questions and Answers

As answered by people managing BitBox02 and Kraken.

What makes your product unique?

BitBox02's answer

The BitBox02 features a dual chip design with a secure chip. The source code has been independently audited by security researchers and is fully open source.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare BitBox02 and Kraken

BitBox02 Reviews

We have no reviews of BitBox02 yet.
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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 BitBox02. 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.

BitBox02 mentions (54)

  • Looking for a wallet
    Check out the BitBox02 - extremely user friendly and great support. Source: 5 months ago
  • Bitcoin Wallet?
    Be sure to check out the BitBox02. User friendly with tons of power user features. Source: 11 months ago
  • 2 years ago, I called out FTX for being a fraud on this subreddit.
    BitBox is a hardware wallet designed and I think manufactured in Switzerland you can find it here https://shiftcrypto.ch or their shop https://shiftcrypto.shop. I have both Trezor and Ledger the other major competitors BitBox is my favourite out of the 3 then Trezor then Ledger mostly because their source code is open and available to verify on GitHub for free whereas Ledger is proprietary. Source: about 1 year ago
  • options, options
    Check out the BitBox02. You can even connect your own full node to the companion app. Source: over 1 year ago
  • Need help finding possible wallet key on old hard drive
    If you want to install bitcoin core you can get it from bitcoin.org. But depending on what you want to do it’s probably not the best option. If you want to get into bitcoin and want to make sure your coin stays save you should get a hardware wallet. Bitbox 2 is a great option: https://shiftcrypto.ch/ If you are just going to have a few dollars in crypto, and aren’t too worried about it possibly getting stolen you... Source: over 1 year ago
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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: 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 BitBox02 and Kraken, you can also consider the following products

Trezor.io - The Hardware Bitcoin Wallet

Coinbase - Bitcoin, safe and easy.

BlueWallet - An easy to use and secure Bitcoin wallet for iOS

Binance - Cryptocurrencies exchange platform

Ledger Nano S - A secure Bitcoin and Ethereum hardware wallet

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