Lower Fees
0.05
%
Both platforms offer the same fees
Higher Volume
$4.88B
Taker Fee ·
BingX
More Leverage
125x
Taker Fee ·
BingX
Higher Rating
8.2
/10
Taker Fee ·
Kraken
Rating
About
BingX, founded in 2018 by Josh Lu, provides deep liquidity and competitive trading volumes for crypto perpetuals.
Serving over 20M global users, BingX offers spot trading, derivatives, copy trading, and asset management, featuring leverage up to 125x.
Licensed in Lithuania (FSIC), BingX secures user assets through Mazars-verified Proof of Reserves, regular CertiK security audits, and two-factor authentication.
Kraken, founded in 2011 by Jesse Powell, is a top choice for US-based perpetuals traders, offering unmatched regulatory compliance.
Headquartered in San Francisco, Kraken serves 10M+ users globally, providing spot, margin (up to 5x), futures trading, staking, and institutional-grade services.
Licensed by major regulators including the US MSB and UK's FCA, Kraken secures funds through audited Proof of Reserves, SOC 2 certification, and ISO 27001 standards.
Volume & Liquidity
BingX | Kraken | ||
|---|---|---|---|
Perpetuals Volume (24H) | $4.88B | $428.81M | |
Crypto Options Volume (24H) | $0 | $0 | |
Open Interest (24H) | $3.34B | $239.66M |
Fees & Costs
BingX | Kraken | ||
|---|---|---|---|
Taker Fees | 0.05 % | 0.05 % | |
Maker Fees | 0.02 % | 0.02 % |
Live Funding Rates
BTC Funding Rate
USDT Settlement
BingX
0.0067%
Kraken
-0.0001%
ETH Funding Rate
USDT Settlement
BingX
0.0057%
Kraken
-0.0006%
SOL/USDT
USDT Settlement
BingX
0.0048%
Kraken
-0.0012%
BNB/USDT
USDT Settlement
BingX
0.0095%
Kraken
-0.0001%
Trading Features
BingX | Kraken | ||
|---|---|---|---|
Perpetual Contract Types | USDT and USDC | USDC and USDT | |
Available Leverage | 125x | 50x | |
Spot Assets | 1000 | 369 |
Regulation & Trust
BingX | Kraken | ||
|---|---|---|---|
Regulation | Only regulated by FSIC (Lithuania) | Tier-1 Regulators including FCA (UK), BaFin (Germany), CySEC (Cyprus), DASP (France), MSB (USA & Canada), AUSTRAC (Australia), and 8 more | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 150 | 150+ | |
Total Users | 20 Million | 15 Million | |
Headquarters | Singapore | United Arab Emirates |
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