Kraken Vs. Huobi: A Comprehensive Exchange Comparison
Kraken vs. Huobi: Comprehensive comparison of exchange
The world of cryptocurrency exchange is a rapidly developing country, with new players appear every day and instantly setting up innovation and improving their offers. Many of the available options include two of the most popular and most used exchanges of Kraken and Huobi. While both platforms have their strengths and weaknesses, it is necessary to understand their differences before they are informed of which one suits your needs.
Overview Kraken
Kraken is a digital currency exchange found in 2011 Jesse Powell, who was previously CEO of Bitwise Capital. This platform offers a wide range of cryptocurrencies, including bitcoins, Ethereum, Litecoin and many others, as well as Fiat names such as US dollars and EUR. Kraken is known for its robust security features, a user -friendly interface and competing business charges.
HUOBI overview **
Huobi is another popular cryptomenic exchange founded in 2014 Changpeng Zhao (CZ), which also founded Binance, the greatest exchange of cryptocurrency in terms of trading volume. Huobi offers a huge number of cryptocurrencies, including bitcoins, ethereum, litecoin and many others, as well as fiat names such as US dollars and euros. Huobi is recognized for its advanced technology, low fees and a wide range of services.
Comparison Kraken and Huobi
Below is a comprehensive comparison of these two platforms:
Security
| Function | Kraken | Huobi |
| — | — | — |
| Security measures 2-factor authentication, encryption, cold storage 3-factor authentication, wallets with multiple signatures, insurance coverage up to $ 5 million |
| Protection of data violations Comprehensive Protection Protection Policy Multilayer Security Measures
Kraken has a more robust safety frame with features such as 2-factor verification and cold storage. Huobi’s security measures are equally impressive, but the platform also offers other benefits such as data violations.
fees
| Structure of fees Kraken |
| — | — |
| Business charges $ 0.10 – $ 5 per trade (depending on the market)
| FREE RAIGHTS
| Liquidity fees $ 1.50 (buy), 0.20% (sales) |
| Deposit fees $ 2.99 to $ 4.99 (deposit method and size)
Kraken’s business charges are competitive, with a number of payment methods available for deposits and withdrawals.
Customer support
| Method | Kraken | Huobi |
| — | — | — |
| Supporting live conversation Support 24/7 Support multiple language chat
| Email support available Available |
Kraken offers a more complex customer support with the help of 24/7 live cottage. Huobi customer support is also available through several channels.
Platform features ###
| Function | Kraken | Huobi |
| — | — | — |
| Mobile app Yes (iOS and Android) Yes (iOS and Android)
| Commercial interface user friendly, intuitive design modern, customizable interface
Both platforms have user -friendly business interfaces, Kraken mobile app is slightly more polished.
Regulatory compliance
| Kraken status regulation Huobi |
| — | — | — |
| Regulation fully in accordance with US regulations (SEC) and EU GDPR | Compliance with multiple regulatory bodies (eg BCPA)
Kraken has Strogger’s experience with compliance, especially in the United States. However, both platforms comply with the regulatory requirements.
Volume of trading
| Kraken trading volume
| — | — |
| Market capitalization of $ 10 billion+ |
| Daily trading volume of more than 100 million trades per day
Both Kraken and Huobi have large volumes of trading, but Kaken’s market capitalization is significantly higher.
