Lower Fees
0.05
%
Taker Fee ·
Kraken
Higher Volume
$12.84B
Taker Fee ·
MEXC
More Leverage
200x
Taker Fee ·
MEXC
Higher Rating
8.2
/10
Taker Fee ·
Kraken
Rating
About
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.
MEXC, founded in 2018 by John Chen, is a major crypto exchange offering perpetual futures with leverage up to 200x and access to over 2,900 cryptocurrencies.
Serving 30 million traders in 170 countries, MEXC features low futures fees, diverse altcoin markets, and special perks for high-volume users.
While it provides robust security through Proof of Reserves and cold storage, MEXC remains unlicensed by major regulators and has drawn warnings from several global financial bodies.
Volume & Liquidity
Kraken | MEXC | ||
|---|---|---|---|
Perpetuals Volume (24H) | $594.99M | $12.84B | |
Crypto Options Volume (24H) | $0 | $0 | |
Open Interest (24H) | $240.02M | $7.34B |
Fees & Costs
Kraken | MEXC | ||
|---|---|---|---|
Taker Fees | 0.05 % | 0.02 % | |
Maker Fees | 0.02 % | 0 % |
Live Funding Rates
BTC Funding Rate
USDT Settlement
Kraken
-0.0003%
MEXC
-0.0027%
ETH Funding Rate
USDT Settlement
Kraken
-0.0003%
MEXC
0.0037%
SOL/USDT
USDT Settlement
Kraken
-0.0007%
MEXC
0.0041%
BNB/USDT
USDT Settlement
Kraken
-0.0007%
MEXC
-0.0047%
Trading Features
Kraken | MEXC | ||
|---|---|---|---|
Perpetual Contract Types | USDC and USDT | USDT only | |
Available Leverage | 50x | 200x | |
Spot Assets | 369 | 2900 |
Regulation & Trust
Kraken | MEXC | ||
|---|---|---|---|
Regulation | Tier-1 Regulators including FCA (UK), BaFin (Germany), CySEC (Cyprus), DASP (France), MSB (USA & Canada), AUSTRAC (Australia), and 8 more | Unlicensed (Previous Licenses revoked in Seychelles & Estonia) | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 150+ | 170 | |
Total Users | 15 Million | 30 Million | |
Headquarters | United Arab Emirates | Seychelles |
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