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Coinmama vs Kraken

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-23
Coinmama3.9

A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

Kraken4.7

A 2011-vintage exchange with one of the cleanest security records in the business, heading toward a US stock listing.

Verdict: Kraken

Kraken rates higher on our rubric: 4.7 against 3.9 for Coinmama.

Criterion
Editorial rating
Coinmama
3.9
Kraken
4.7

Coinmama and Kraken, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinmama and Kraken compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinmamaKraken
Editorial rating3.94.7 (favoured on this row)
Published feesCommission plus card surchargeFrom 0.25% maker, 0.40% taker
Maker feeNot published0.25% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiers
Taker feeNot published0.40% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiers
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported3414
Countries ranked in144127
Ranks first in2310
Countries shared8383
Security recordNo record on file10 dated events, 2 incidents, latest 2026-06-30
Founded20132011
HeadquartersVancouver, Canada (Wellfield Technologies)San Francisco, United States
Last reviewed2026-08-122026-08-23

Where both Coinmama and Kraken are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinmama and Kraken, with each platform's position in that guide.
CountryStatusCoinmama ranksKraken ranksComparison
AlbaniaLegal#3#2
American SamoaLegal#3#2
AnguillaLegal#2#3
Antigua and BarbudaLegal#2#3
ArgentinaLegal#4#2
ArubaLegal#2#3
AustraliaLegal#10#3Best exchanges there
BahamasLegal#2#3
BarbadosLegal#2#3
BoliviaLegal#3#2
BrazilLegal#7#6
British Virgin IslandsLegal#2#3
Caribbean NetherlandsLegal#2#3
Cayman IslandsLegal#2#3
ChileLegal#4#2
ColombiaLegal#4#2Best exchanges there
Cook IslandsLegal#1#3
Costa RicaLegal#3#2
CuracaoLegal#2#3
DominicaLegal#2#3
Dominican RepublicLegal#3#2
EcuadorLegal#3#2
Falkland IslandsLegal#1#2
FijiLegal#1#3
French PolynesiaLegal#1#3
GeorgiaLegal#3#2Best exchanges there
GrenadaLegal#2#3
GuamLegal#3#2
GuernseyLegal#4#1
Hong KongLegal#3#1
Isle of ManLegal#4#1
IsraelLegal#3#1
JamaicaLegal#2#3Best exchanges there
JerseyLegal#4#1
KiribatiLegal#1#3
MacaoUnclear#2#3
Marshall IslandsLegal#1#3
MauritiusLegal#3#2
MexicoLegal#4#2Best exchanges there
MicronesiaLegal#1#3
MoldovaLegal#3#2
MontenegroLegal#3#2
MontserratLegal#2#3
NauruLegal#1#3
Netherlands AntillesLegal#2#3
New CaledoniaLegal#1#3
New ZealandLegal#4#1
NiueLegal#1#3
Norfolk IslandLegal#1#3
North MacedoniaLegal#3#2
Northern Mariana IslandsLegal#3#2
PalauLegal#1#3
PanamaLegal#3#2
Papua New GuineaLegal#1#3
ParaguayLegal#3#2
PeruLegal#4#2
Pitcairn IslandsLegal#1#2
Puerto RicoLegal#3#2
SamoaLegal#1#3
SerbiaLegal#3#2
SeychellesLegal#3#2
SingaporeLegal#3#2
Sint MaartenLegal#2#3
Solomon IslandsLegal#1#3
St. HelenaLegal#1#2
St. Kitts and NevisLegal#2#3
St. LuciaLegal#2#3
St. Vincent and the GrenadinesLegal#2#3
TaiwanLegal#3#2
ThailandLegal#3#2
TokelauLegal#1#2
TongaLegal#1#3
Trinidad and TobagoLegal#2#3
Turks and CaicosLegal#2#3
TuvaluLegal#1#3
U.S. Virgin IslandsLegal#3#2
UkraineLegal#3#2Best exchanges there
United Arab EmiratesLegal#4#3
UruguayLegal#3#2
VanuatuLegal#1#3
Vatican CityLegal#3#1
VietnamLegal#3#2
Wallis and Futuna IslandsLegal#1#2

Security records of the exchanges ranked in this comparison

Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. 1 of the 2 carry no dated record on our reviews yet.

Kraken10 events

  1. 2026-06-30Proof of reserves

    Latest proof of reserves shows bitcoin backed at 102.9%

  2. 2026-04-14Breach

    Kraken refuses extortion after two support staff misused internal systems

  3. 2025-06-26Licence

    Kraken wins a MiCA licence from the Central Bank of Ireland

The full record, with sources, in the Kraken review

Frequently asked questions

Is Coinmama or Kraken better?

Kraken rates higher on our rubric: 4.7 against 3.9 for Coinmama. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinmama or Kraken?

Coinmama: Commission plus card surcharge. Kraken: From 0.25% maker, 0.40% taker. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinmama and Kraken?

Both are ranked in our guides for 83 countries, including Albania, American Samoa, Anguilla, Antigua and Barbuda, Argentina. Coinmama is ranked in 144 countries in all and Kraken in 127; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinmama or Kraken had a security incident?

Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. Kraken carries 2 incidents among 10 dated events, the latest on 2026-04-14: Kraken refuses extortion after two support staff misused internal systems. Both reviews list every event with its source.

Do Coinmama and Kraken require ID verification?

Coinmama: required; identity verification is required before your first purchase.. Kraken: required; identity verification is required to deposit fiat and trade..

The full reviews: Coinmama and Kraken, each with its sources, and every exchange we review.

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