Kraken vs BigONE

BigONE is more interesting inside crypto, Kraken at the way in and out, where euro and dollar stay themselves.

Puffit editorial · · about authorship and sources

Compared by the numbers

Measured at the venues, not taken from their marketing. Volume stays out of the table: no two exchanges count it the same way, and a shared number nobody defines helps no one.

KrakenKraken BigONEBigONE
USDT pairs44878
Futures contracts20997
Networks for USDT—8
Cheapest USDT withdrawal—0.85 ETH
P2P currencies in our scanner——

In short: the difference

What Kraken is: a regulated venue. On the market since 2011, jurisdiction: San Francisco, USA.

What BigONE is: an exchange with services around the trading. On the market since 2017, jurisdiction: Seychelles, its own ONE token.

What Kraken gives you

The rival’s service list is wide, yet Kraken wins on other things: The oldest venue we cover, running since 2011 under US regulation. Its distinction is real money: around seven hundred dollar pairs and five hundred and forty-six euro pairs, more than anyone here. There is spot, perpetual futures with hourly funding, staking and institutional services. Kraken is how we compute the live dollar rate in our stablecoin section.

Strong sides: 546 euro pairs and around seven hundred dollar ones, age and regulation, hourly funding.

What BigONE gives you

Against a regulated venue, BigONE wins on other things: One of the older venues in this comparison: running since 2017, with a team that came out of the Yunbi exchange. It carries around nine hundred spot pairs and a hundred perpetual contracts, each publishing its funding rate, accrual interval and mark price. There is margin, leveraged tokens, staking and its own ONE token for fee discounts. Data is fully open, including the size resting at the best quote.

Strong sides: ~900 pairs and 100 contracts, best quotes with sizes, an open network directory with withdrawal fees, the ONE token for discounts.

What decides it

  • Age. Kraken has run since 2011, BigONE since 2017 — a gap of 6 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
  • Jurisdiction. Kraken sits in San Francisco, USA, BigONE in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
  • Native token. ONE on BigONE cuts fees and opens launches; Kraken has no such lever.
  • Strengths side by side. Kraken: 546 euro pairs and around seven hundred dollar ones, age and regulation, hourly funding; BigONE: ~900 pairs and 100 contracts, best quotes with sizes, an open network directory with withdrawal fees, the ONE token for discounts.
  • Which job. Kraken is for settling in real dollars and euro rather than stablecoins, while BigONE is as an additional venue in spot routes and funding.
  • Worth remembering. Kraken: entry-level fees run higher than neighbours — it pays off at larger volumes. BigONE: the top of the book is thin: on major coins the best price often holds only a hundred dollars or two.

Which one fits you

Kraken — for settling in real dollars and euro rather than stablecoins.

BigONE — as an additional venue in spot routes and funding.

What people ask most

Kraken: What does trading on Kraken actually cost? At the entry tier, 0.80% taker and 0.40% maker, from its own fee schedule. The rate falls with thirty-day volume: reaching 0.20% taker takes a quarter of a million dollars traded in a month.

Kraken: Can a withdrawal be cancelled? While it is "Initiated", yes; while "Pending", sometimes. Once the transaction is broadcast to the blockchain it cannot be cancelled. That is true everywhere, but Kraken states the states explicitly.

Kraken: Why does Kraken have no exchange token? It operates under US regulation, and a token promising discounts and returns is something a regulator may deem a security. Discounts here come from volume, not from holding a token.

BigONE: What does the ONE token do? It is the venue’s own token, discounting trading fees and taking part in platform programmes.

BigONE: How many pairs and contracts does BigONE have? By our measurements around nine hundred spot pairs and a hundred perpetual contracts. The figures are live and refresh with the data.

BigONE: Why are spreads on BigONE often large? Because the top of the book is thin: the size at the best price is often a hundred dollars or two. The percentage on screen is real, but it fills only for that much. Use the «depth» button before trading.

Both at once

You do not have to pick one. Two accounts give you a fallback when the coin or network you need exists only on the other venue. Deposits and withdrawals go through the regulated venue, trading and yield through the ecosystem. A stablecoin travels between them on a cheap network.

Live numbers

The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. Kraken and BigONE can be compared on facts rather than promises.

What the numbers say

BigONE gives 20× the choice on spot: 878 USDT pairs against 44. BigONE is the one of the two with a published USDT withdrawal: 0.85 on ETH. Kraken carries more perpetuals: 209 where the other has 97.

Snapshot from 31 October 2026; on the page the figures refresh on every visit.

Kraken ↗BigONE ↗

Frequently asked

BigONE or Kraken — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

Binance or KrakenThe largest crypto exchange against the oldest regulated one. These are two different ways to hold money — here is both.Kraken or WhiteBITTwo venues with genuine registration rather than an offshore address. The difference is which money they are tied to.WEEX vs KrakenThese two venues solve different problems, and choosing between them is really choosing how your money gets into crypto. On WEEX that means other people’s ads in almost ninety currencies; on Kraken, a transfer straight from your bank.Toobit vs KrakenChoosing between these two is not a matter of better or worse but of timing. On Toobit a new coin appears within days; on Kraken, after a review — and both of those speeds are what somebody needs.Binance vs BigONEBinance and BigONE both cover almost any job, so the choice is not the feature list but what you actually use daily.Bybit vs KrakenKraken is good at the way in and out of real money, Bybit where leverage and contracts are needed. Not an either-or.Bybit vs BigONEA terminal against an ecosystem: Bybit is stronger at trading itself, BigONE at everything around it.OKX vs KrakenOKX is more interesting inside crypto, Kraken at the way in and out, where euro and dollar stay themselves.Trading on KrakenOne of the oldest exchanges in the world and one of the few quoting in real bank dollars rather than a stablecoin. Here is who it suits.BigONE reviewRunning since 2017, with fully open data — including the size resting at the best quote.