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Compare Bitoasis.net vs. Kraken.com

Pro:
  • Accepts Credit/Debit Card payments
  • Professionally designed website
  • Low fees
  • Excellent liquidity in both USD and EUR markets
  • Margin and futures trading supported
  • Only exchange platform selected to support investigation into Mt. Gox's stolen Bitcoins
  • Stable regulatory compliance towards the government under which it operates
  • Plenty of tradeable cryptocurrencies
  • Great security features
  • Friendly interface and a lot of information about the exchange
Contra:
  • Website focused on the Middle-East
  • Access problems for people not within the region
  • FAQ’s doesn’t help that much
  • Possibly very high fees
  • Sometimes has uptime problems when market gets hot.
  • Verifications take time.
  • Unlike many other Bitcoin exchange platforms, it does not work as crypto wallet.
  • Although it is not solely a Bitcoin exchange for US, Kraken has a lot of restrictions for a wide range of countries, specially for credit card purchases.
  • Compared to other exchange companies, Kraken's services are quite limited.
Company Location:
Company Location Dubai
Company Location San Francisco, CA.
Customer Support:
Customer Support Email
Customer Support live chat, email, phone, facebook, twitter, linkedin
Futures:
Futures No
Futures Yes
Derivates:
Derivates No
Derivates Yes
Margin Trading:
Margin Trading No
Margin Trading up to 5x
Has been hacked:
Has been hacked No
Has been hacked No
Security:
Security Excellent
Security Excellent
Tradeable Coins:
Tradeable Coins None
Tradeable Coins ZEC, YFI, WAVES, USDC, UNI, TRX, GRT, XTZ, USDT, TBTC, SHIB, SNX, STORJ, SC, XRP, QTUM, SDN, DOT, PAXG, OXT, OMG, OCEAN, NANO, XMR, XLM, LTC, LSK, KNC, SAND, KEEP, KAVA, ICX, GNO, FLOW, FIL, ETH, ETC, ETH2, EOS, MLN, EWT, DOGE, MANA, DASH, DaiDAI, CRV, ATOM, COMP, LINK, ADA, BTC, BCH, BAT, BAL, REP, REPV2, ANT, ALGO, AAVE
Trading Volume:
Trading Volume N/A
Trading Volume High
Deposit Fees:
Deposit Fees Yes
Deposit Fees 10 USD for FedWire (Silvergate) 5 USD for FedWire (Synapse) 10 USD for SWIFT (Silvergate Bank) 3 USD for SWIFT (Bank Frick) 3 EUR for SWIFT (Bank Frick) 1.25 CAD + 0.25% of the transaction for In-person cash or debit (Canada Post) 1.5% of the transaction for Interac e-Transfer 3 CAD for SWIFT (Bank Frick) 21 GBP for CHAPS (ClearJunction) 3 GBP for SWIFT (Bank Frick) 0.75 CHF for SIC (Bank Frick) 0.75 CHF for SWIFT (Bank Frick)
Trading Fees:
Trading Fees
Trading Fees 0.00%-0.26%
Withdrawal Fees:
Withdrawal Fees N/A
Withdrawal Fees Yes
 
About Bitoasis.net:
Bitoasis.net focuses on the Arab world to provide the best resource of BTC in the region today. The website is a hybrid between a BTC wallet and an exchange as they provide exchange services and storage as well. Today, we will be looking into the website’s features, how to create an account, what to expect […] Read Bitoasis.net Review »
About Kraken.com:
Kraken is a recognized cryptocurrency exchange that has been offering their trading services since 2011. The platform currently allows users to buy and sell more than 90 digital assets agains USD and other fiat currencies such as GBP, EUR, USD, CAD, JPY, CHF and AUD. Not only you can directly buy all these cryptocurrencies but […] Read Kraken.com Review »