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Kraken vs Strike

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

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

Strike4.6Bitcoin-only

Lightning-native app for buying bitcoin and sending it anywhere instantly, with no added fee on transfers.

Verdict: Kraken

Kraken rates higher on our rubric: 4.7 against 4.6 for Strike.

Criterion
Editorial rating
Kraken
4.7
Strike
4.6

Kraken and Strike, 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.

Kraken and Strike compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactKrakenStrike
Editorial rating4.7 (favoured on this row)4.6
Published feesFrom 0.25% maker, 0.40% takerFee shown before you confirm
Maker fee0.25% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiersNot published
Taker fee0.40% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiersNot published
Identity verificationRequiredRequired
Bitcoin-onlyNoYes
Payment rails supported144
Countries ranked in1272
Ranks first in101
Countries shared11
Security record10 dated events, 2 incidents, latest 2026-06-308 dated events, 1 incident, latest 2026-06-30
Founded2011Not stated
HeadquartersSan Francisco, United StatesChicago, Illinois, US
Last reviewed2026-08-232026-08-12

Where both Kraken and Strike 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 Kraken and Strike, with each platform's position in that guide.
CountryStatusKraken ranksStrike ranksComparison
United StatesLegal#2#6

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. Every exchange ranked here carries one.

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

Strike8 events

  1. 2026-06-30Licence

    Strike Europe authorised under MiCA by the Maltese regulator

  2. 2026-03-05Licence

    NYDFS granted Strike a BitLicense and a money transmitter licence

  3. 2025-06-18Resolved

    Withdrawals can now be locked behind passkey or hardware key 2FA

The full record, with sources, in the Strike review

Frequently asked questions

Is Kraken or Strike better?

Kraken rates higher on our rubric: 4.7 against 4.6 for Strike. 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, Kraken or Strike?

Kraken: From 0.25% maker, 0.40% taker. Strike: Fee shown before you confirm. 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 Kraken and Strike?

Both are ranked in our guides for United States. Kraken is ranked in 127 countries in all and Strike in 2; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Kraken or Strike had a security incident?

Kraken carries 2 incidents among 10 dated events, the latest on 2026-04-14: Kraken refuses extortion after two support staff misused internal systems. Strike carries 1 incident among 8 dated events, the latest on 2023-10-30: Customer email list leaked, denied by Strike, then admitted. Both reviews list every event with its source.

Do Kraken and Strike require ID verification?

Kraken: required; identity verification is required to deposit fiat and trade.. Strike: required; identity verification is required to use the app; requirements vary by country..

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

More comparisons

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