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Coinbase vs Kraken compared head-to-head — bonuses, fees, payout speed, licensing, and our tested verdict.
| Coinbase | Kraken | |
|---|---|---|
| Our Rating | 9.5/10 | 9.4/10 |
| Welcome Offer | $10 BTC Signup Reward | Never Hacked Since 2011 |
| Min Deposit | $2 | $10 |
| Payout Speed | Instant (debit) | 5-20 minutes |
| Licensing | US public company, FinCEN MSB | US MSB, UK FCA (EMI) |
| Founded | 2012 | 2011 |
| Markets | 240+ coins | 220+ coins |
| Best For | US beginners | Security track record |
Coinbase's case rests on us beginners. Operating since 2012 under US public company, FinCEN MSB, it pairs a 9.5/10 audit score with 240+ coins and a current offer of $10 btc signup reward. In our payout trials it returned funds in Instant (debit), from a minimum deposit of $2.
Kraken counters with security track record. Live since 2011 and licensed by US MSB, UK FCA (EMI), it scores 9.4/10 in our audit, covers 220+ coins, and currently offers never hacked since 2011. Tested withdrawals landed in 5-20 minutes with a $10 minimum.
Coinbase takes this one — its 9.5/10 rating edges Kraken's 9.4/10 on our weighted model (bonuses, fees, payout speed, safety, platform quality). Choose Kraken instead if security track record is your priority, because that is the one area where it clearly leads.
