Binance vs Kraken — Which Is Better? Fees, Staking & Winner
Binance: USDT withdrawal via TRC20 — $1.50; Kraken via TRC20 — $1. ETH staking: 1.7% vs 2.6%. Live data, updated every 10 min.
Updated:
Kraken leads on 2 of 3 criteria against 1 for Binance — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.
On staking rates, across the coins both exchanges actually list, Kraken is ahead of Binance. If passive income is the priority, the edge is on its side.
Binance has a lower average USDT fee across shared networks with withdrawals open than Kraken. The result may differ on an individual network.
Scorecard
| Criteria | Binance | Kraken | Winner |
|---|---|---|---|
| Staking Coverage (coins) | Binance409 | Kraken28 | Winner Reference |
| Best Rates (top-10 coins) | Binance0 | Kraken7 | Winner Kraken |
| Avg USDT fee on shared networks | Binance$0.35 | Kraken$0.79 | Winner Binance |
| Funding Coverage (coins) | Binance519 | Kraken— | Winner Reference |
| Network Availability | Binance80.7% | Kraken98.4% | Winner Kraken |
| Coins in the fee database | Binance648 | Kraken723 | Winner Reference |
Rows marked “Reference” show catalogue width — the size of the listing, not the quality of the exchange — and do not count towards the overall result. The result comes from three substantive criteria: staking rates, average withdrawal fee and network availability.
The table shows the average USDT fee across the same set of networks where both exchanges allow withdrawals and publish a fee. The summary shows the fee on the named network (TRC20 first, then other networks), not the absolute minimum. The cheapest transfer between these exchanges is calculated separately and requires deposits on the receiving side.
Which one for which job
An overall score decides little: the two exchanges win on different axes. Here is which ones, with the number next to each.
Everything for one coin
Rate, withdrawal and funding per coin at once: Binance on the left, Kraken on the right.
| Coin | Staking APR | Withdrawal, cheapest network | Funding per 8h |
|---|---|---|---|
| BTC staking | Staking APR 0.02% / 0.15% | Withdrawal, cheapest network under $0.01 / under $0.01 BTC / BTC | Funding per 8h +0.0082% / — |
| ETH staking | Staking APR 1.70% / 2.49% | Withdrawal, cheapest network under $0.01 / under $0.01 OPTIMISM / ETH | Funding per 8h +0.0040% / — |
| USDT staking | Staking APR 2.37% / 5.60% | Withdrawal, cheapest network $0.04 / $0.10 AVAX / TON | Funding per 8h — / — |
| USDC staking | Staking APR 1.90% / 5.60% | Withdrawal, cheapest network $0.01 / $0.10 SONIC / ALGO | Funding per 8h +0.0028% / — |
| SOL staking | Staking APR 4.00% / 4.80% | Withdrawal, cheapest network under $0.01 / under $0.01 SOL / SOL | Funding per 8h +0.0035% / — |
| BNB staking | Staking APR 0.32% / 1.00% | Withdrawal, cheapest network under $0.01 / under $0.01 BSC / BSC | Funding per 8h +0.0069% / — |
| XRP staking | Staking APR 0.04% / — | Withdrawal, cheapest network $0.20 / $0.05 XRP / XRP | Funding per 8h -0.0034% / — |
| GRAM staking | Staking APR 7.20% / — | Withdrawal, cheapest network — / $0.10 — / TON | Funding per 8h +0.0050% / — |
| ADA staking | Staking APR 1.41% / 2.62% | Withdrawal, cheapest network $1.50 / $1.00 ADA / ADA | Funding per 8h -0.0100% / — |
| DOGE staking | Staking APR 0.06% / — | Withdrawal, cheapest network $4.00 / $4.00 DOGE / DOGE | Funding per 8h +0.0008% / — |
| HYPE staking | Staking APR — / — | Withdrawal, cheapest network free / $0.05 HYPEREVM / HYPEREVM | Funding per 8h +0.0048% / — |
This pair has no data for that coin.
The fee is the cheapest network with withdrawals open at each exchange; the networks are named separately below the numbers because they often differ. A dash means “not in our data”, not “unsupported”.
Access and verification
These terms change more often than the numbers above: every fact carries a check date and a source link.
| Criteria | Binance | Kraken |
|---|---|---|
| Verification (KYC) | BinanceRequired | KrakenRequired |
Verification is required for trading and withdrawals.
Verification is mandatory, but an account cannot be opened or verified with Russian residency: the region is prohibited.
This is not legal advice. Exchanges change their rules without notice — check the terms on the platform itself before funding an account.
How to move USDT from Binance to Kraken
What it costs to move $1 000 in USDT over the cheapest route that is actually open right now.
| Network | Binance fee | Kraken fee | Binance → Kraken | Kraken → Binance |
|---|---|---|---|---|
| AVAX on Binance: AVAXC on Kraken: AVALANCHE C-CHAIN | 0.04 | 1 | open | open |
| OPTIMISM | 0.04 | 1 | open | open |
| POLYGON on Binance: MATIC | 0.07 | 1 | open | open |
| APTOS on Binance: APT | 0.1 | 0.3 | open | open |
| SOL on Kraken: SOLANA | 0.3 | 1.0618 | open | open |
| TON on Kraken: THE OPEN NETWORK | 0.3 | 0.1 | open | open |
| ARBITRUM on Kraken: ARBITRUM ONE | 0.4 | 1 | open | open |
| ETH on Kraken: ETHEREUM | 0.4 | 0.6277 | open | open |
| TRC20 on Binance: TRX on Kraken: TRON | 1.5 | 1 | open | open |
A route requires open withdrawals at the sender and deposits at the receiver on the same network and in the same token form. Selection requires a known fee and a withdrawal minimum compatible with 1,000 USDT. The fee shown is the sender withdrawal fee; verify the terms at both exchanges before transferring.
Withdrawal reliability
Share of networks closed for withdrawal right now, and how many times withdrawals actually closed over the last 30 days.
Withdrawal fee database coverage
This compares Yieldo withdrawal fee records, not the full trading listings. A missing record does not mean the exchange lacks the coin, its markets or Earn products.
Staking Rate Comparison
| Coin | Binance APR | Kraken APR |
|---|---|---|
| BTC staking | 0.02% | 0.15% |
| ETH staking | 1.70% | 2.49% |
| USDT staking | 2.37% | 5.60% |
| USDC staking | 1.90% | 5.60% |
| SOL staking | 4.00% | 4.80% |
| BNB staking | 0.32% | 1.00% |
| XRP staking | 0.04% | — |
| GRAM staking | 7.20% | — |
| ADA staking | 1.41% | 2.62% |
| DOGE staking | 0.06% | — |
Rates over 90 days
A headline APR is one point in time. This shows what it actually hovered around for three months and how often it moved.
| Coin | Binance | Kraken | ||||||
|---|---|---|---|---|---|---|---|---|
| Now | Average | Range | Changes | Now | Average | Range | Changes | |
| BTC | 0.02% | 0.02% | 0.01–0.02 | 1750 | 0.15% | 0.15% | 0.15–0.15 | 0 |
| ETH | 1.70% | 1.72% | 1.70–1.75 | 1 | 2.49% | 2.54% | 2.49–2.57 | 4 |
| USDT | 2.38% | 2.31% | 1.40–3.42 | 11269 | 5.60% | 5.60% | 5.60–5.60 | 0 |
| USDC | 1.90% | 2.19% | 1.37–3.69 | 10649 | 5.60% | 5.60% | 5.60–5.60 | 0 |
| SOL | 4.00% | 4.10% | 4.00–4.10 | 1 | 4.80% | 5.56% | 4.66–6.77 | 4 |
| BNB | 0.32% | 0.30% | 0.28–0.32 | 2 | 1.00% | 1.32% | 0.96–1.68 | 4 |
| XRP | 0.04% | 0.05% | 0.03–0.08 | 1904 | — | — | — | — |
| GRAM | 7.20% | 7.08% | 6.99–7.20 | 1 | — | — | — | — |
| ADA | 1.41% | 1.47% | 1.41–1.51 | 1 | 2.62% | 2.61% | 2.55–2.66 | 3 |
| DOGE | 0.06% | 0.07% | 0.04–0.16 | 2117 | — | — | — | — |
| HYPE | 0.01% | 0.03% | 0.00–3.20 | 539 | 2.04% | 2.15% | 2.04–2.20 | 4 |
A change means the value moved between samples, not the sample itself: polling records the rate regularly, and without that collapse "changes" would simply equal the number of readings.
Withdrawal Fee Comparison
Each row compares one coin on one shared network; fees are in units of that coin. BTC includes only Bitcoin and the separate SegWit option; BTC representations on BSC, X Layer and other chains are excluded. The network and token form must match the receiving address details. Open withdrawals do not guarantee open deposits.
| Coin | Network | Binance | Kraken |
|---|---|---|---|
| BTC | BTC |
0.00002
BTC
|
0.000015
BITCOIN
|
| ETH | ARBITRUM |
0.00005
ARBITRUM
|
0.00015
ARBITRUM ONE
|
| ETH | BASE |
0.00005
BASE
|
0.00015
BASE
|
| ETH | ETH |
0.00015
ETH
|
0.00014
ETHEREUM
|
| ETH | OPTIMISM |
0.000015
OPTIMISM
|
0.00015
OPTIMISM
|
| ETH | ZKSYNC_ERA |
0.00012
ZKSYNCERA
|
0.003
ZKSYNC ERA
|
| USDT | APTOS |
0.1
APT
|
0.3
APTOS
|
| USDT | ARBITRUM |
0.4
ARBITRUM
|
1
ARBITRUM ONE
|
| USDT | AVAX |
0.04
AVAXC
|
1
AVALANCHE C-CHAIN
|
| USDT | ETH |
0.4
ETH
|
0.6277
ETHEREUM
|
| USDT | OPTIMISM |
0.04
OPTIMISM
|
1
OPTIMISM
|
| USDT | POLYGON |
0.07
MATIC
|
1
POLYGON
|
| USDT | SOL |
0.3
SOL
|
1.0618
SOLANA
|
| USDT | TON |
0.3
TON
|
0.1
THE OPEN NETWORK
|
| USDT | TRC20 |
1.5
TRX
|
1
TRON
|
| USDC | ALGO |
1
ALGO
|
0.1
ALGORAND
|
| USDC | ARBITRUM |
0.6
ARBITRUM
|
1
ARBITRUM ONE (USDC)
|
| USDC | ARC |
0.02
ARC
|
1
ARC
|
| USDC | AVAX |
0.056
AVAXC
|
1
AVALANCHE C-CHAIN
|
| USDC | BASE |
0.2
BASE
|
1
BASE
|
| USDC | ETH |
0.5
ETH
|
0.6352
ETHEREUM
|
| USDC | HBAR |
0.1
HBAR
|
1
HEDERA
|
| USDC | OPTIMISM |
0.05
OPTIMISM
|
1
OPTIMISM (USDC)
|
| USDC | POLYGON |
0.12
MATIC
|
1
POLYGON (USDC)
|
| USDC | SEIEVM |
0.1
SEIEVM
|
1
SEI - EVM
|
| USDC | SOL |
0.3
SOL
|
1.0605
SOLANA
|
| USDC | SONIC |
0.01
SONIC
|
1
SONIC
|
| USDC | SUI |
0.1
SUI
|
1.5
SUI
|
| USDC | XLM |
1
XLM
|
1
STELLAR
|
| SOL | SOL |
0.001
SOL
|
0.005
SOLANA
|
| BNB | BSC |
0.00001
BSC
|
0.001
BNB CHAIN
|
| XRP | XRP |
0.2
XRP
|
0.05
XRP
|
| GRAM | TON |
0.03
TON
(Disabled)
|
0.1
THE OPEN NETWORK
|
| ADA | ADA |
1.5
ADA
|
1
CARDANO
|
| DOGE | DOGE |
4
DOGE
|
4
DOGECOIN
|
| HYPE | HYPEREVM |
Free
HYPE
|
0.05
HYPEREVM
|
Funding Rate Comparison
The main rate is normalized to 8 hours: current rate × 8 / exchange interval. Below it are the original rate and interval, plus a simple annualized equivalent. This is an extrapolation, not a payment forecast. Positive: longs pay shorts; negative: shorts pay longs.
| Coin | Binance | Kraken |
|---|---|---|
| BTC |
0.0082%
+0.0082% per 8 h
8.94% annualized
|
— |
| ETH |
0.0040%
+0.0040% per 8 h
4.35% annualized
|
— |
| USDC |
0.0028%
+0.0028% per 8 h
3.09% annualized
|
— |
| SOL |
0.0035%
+0.0035% per 8 h
3.81% annualized
|
— |
| BNB |
0.0069%
+0.0069% per 8 h
7.59% annualized
|
— |
| XRP |
-0.0034%
-0.0034% per 8 h
-3.72% annualized
|
— |
| GRAM |
0.0100%
+0.0050% per 4 h
10.95% annualized
|
— |
| ADA |
-0.0100%
-0.0100% per 8 h
-10.97% annualized
|
— |
| DOGE |
0.0008%
+0.0008% per 8 h
0.90% annualized
|
— |
| HYPE |
0.0096%
+0.0048% per 4 h
10.54% annualized
|
— |
Funding on average
Annualised percentages from the average rate over 7 and 30 days. The current rate moves every few hours; the average is a property of the venue.
| Coin | Binance | Kraken | ||
|---|---|---|---|---|
| 7 days | 30 days | 7 days | 30 days | |
| ADA | +1.03% | +2.12% | — | — |
| BTC | +4.08% | +3.02% | — | — |
| DOGE | +3.76% | +3.17% | — | — |
| ETH | +3.58% | +1.67% | — | — |
| HYPE | +6.09% | +5.06% | — | — |
| SOL | +3.93% | +3.46% | — | — |
| XRP | -0.01% | -0.09% | — | — |
Arbitrage Opportunities
Current price spreads between Binance and Kraken.
| Coin | Buy On | Sell On | Spread |
|---|---|---|---|
| MANA | Binance | Kraken | 0.09% |
| AVAX | Binance | Kraken | 0.07% |
| MANA | Kraken | Binance | 0.05% |
| DOGE | Kraken | Binance | 0.04% |
| DOT | Binance | Kraken | 0.04% |
| DOGE | Binance | Kraken | 0.03% |
| SOL | Binance | Kraken | 0.02% |
| XAUT | Kraken | Binance | 0.02% |
| XTZ | Kraken | Binance | 0.02% |
| LTC | Binance | Kraken | 0.01% |
FAQ
Which is better: Binance or Kraken?
Which exchange has better staking rates: Binance or Kraken?
Are withdrawal fees lower on Binance or Kraken?
Which networks are available for withdrawals on Binance and Kraken?
How do funding rates compare between Binance and Kraken?
Can I arbitrage between Binance and Kraken?
Which exchange is better for beginners: Binance or Kraken?
Which exchange supports more coins: Binance or Kraken?
Is it safe to keep funds on Binance or Kraken?
What to choose
Kraken leads on 2 of 3 criteria against 1 for Binance — the rest are close enough to call a draw. Which of them matters depends on what you need the exchange for.