MEXC vs Kraken

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Important: This information is general in nature and does not take into account your objectives, financial situation or needs. Crypto assets are high risk and volatile. Past performance is not a reliable indicator of future results. Only invest what you can afford to lose.

Choosing between crypto exchanges often comes down to what you value most — security, token access, fees, or trading features. In this guide, we compare MEXC, a high-growth exchange with over 3,000 coins, to Kraken, a U.S.-based platform known for its strict regulatory compliance and institutional-grade security. If you’re stuck between the two, this article will help you find the right fit.

Quick Comparison Table

Cell

Number of coins

3,000+

200+

Trading Fees

0.0/0.05% for spot, 0.0/0.02% for futures

0.25/0.40% for spot, 0.02/0.05% for futures

Copy Trading

Yes

No

Staking/Yield

Yes

Yes

Website

www.mexc.com

www.kraken.com

Cell

Number of Coins

3,000+

200+

Trading Fees

0.0/0.05% for spot, 0.0/0.02% for futures

0.25/0.40% for spot, 0.02/0.05% for futures

Copy Trading

Yes

No

Staking/

Yield

Yes

Yes

Website

www.mexc.com

www.kraken.com

Pros

Cons

Pros

Cons

Platform Overview

MEXC

Founded in 2018, MEXC is known for its aggressive growth and listing strategy. It attracts traders looking to capitalize on newly launched coins, low fees, and flexibility around KYC. The exchange is popular among speculative traders and those outside of heavily regulated regions.

Kraken

Kraken is one of the oldest and most reputable crypto exchanges, launched in 2011 and headquartered in the U.S. It’s built a strong reputation for regulatory compliance, institutional security, and transparent business practices. Kraken appeals to more conservative traders and investors looking for long-term stability.

Supported Cryptocurrencies

If you’re looking for variety, MEXC easily wins — with over 3,000 cryptocurrencies listed, including low-cap altcoins and memecoins.

Kraken, on the other hand, lists just over 200 coins. The selection includes all major cryptos and a few handpicked altcoins, but it’s significantly more curated and geared toward long-term utility and compliance.

Fees and Trading Costs

Fees are where the two exchanges diverge sharply:

For casual or high-frequency traders, MEXC offers much lower fees across the board.

User Interface and Trading Costs

While Kraken wins for clean UI and regulatory clarity, MEXC gives more tools for the adventurous trader.

Derivatives and Leverage Trading

MEXC is the better choice for variety and higher-risk derivatives, while Kraken is best for regulated, conservative margin trading.

Earning Features: Staking, Launchpads, and Yield

Both platforms provide reliable earning options, but MEXC includes more experimental opportunities, while Kraken focuses on stability.

Copy Trading and Social Features

If you’re a beginner looking to learn by copying pros, MEXC is better equipped.

Security and Trust

For users who prioritize regulatory protection and transparency, Kraken is the winner.

Customer Support

Support is strong on both platforms, but Kraken’s long-standing reputation for professionalism gives it a slight edge.

Which One Should You Choose?

Choose MEXC if you want:

Choose Kraken if you want:

Conclusion

In the battle of MEXC vs Kraken, the right platform depends on your priorities.

Kraken is a better fit for conservative investors, U.S. residents, and anyone who values security and regulation.MEXC is ideal for traders looking to explore altcoins, avoid strict KYC, and experiment with staking or copy trading features.

Ultimately, using both may offer the best of both worlds — one for compliance, one for growth potential.

Still Researching?

To do more research before signing up to either of these platforms, you can read my Kraken review (here) and MEXC review (here). You can also read this article on the top cryptocurrency exchanges in the US. I have also included a quick comparison table below that summarizes some key info.

Comparison Table of the Best Crypto Exchanges in the USA

MEXC eToro Uphold Coinmama Kraken Crypto ExchangeCrypto ExchangeMEXCeToroUpholdCoinmamaKrakenFiat CurrenciesFiat CurrenciesUSD, EUR, CNY, CAD, GBP, CHF, AUDUSDUSD, GBP, EUR, CHF, AUD, JPY & 21 moreUSD, EUR, AUD, CAD, GBP, JPYUSD, EUR, GBP, JPY, CAD, CHF, AUDCryptocurrenciesCryptocurrenciesBTC, ETH, USDT, LTC, TRX, BCH, ETC, DOGE & 600+ moreBTC, ETH, BCH, DASH, LTC, ETC & 110 moreBTC, ETH, ADA, DOGE, COMP, DOT & 125+ moreBTC, ETH, ETC, UNI, LINK, LTC, BCH, DOGE, MATIC, EOS, AAVE, COMP, OMG, YFI, WBTCBTC, ETH, XRP, BCH, EOS, LTC, ADA & 200+ moreDeposit MethodsDeposit MethodsBank Cards, Alipay, Alchemy Pay, ChipPay, Cryptocurrency, and morePayPal, Debit card, Wire transferBank Transfer (ACH), Bank Transfer (SEPA), Debit/Credit Card, Wire Transfer, Faster Payments Service, SWIFT, CryptocurrencyCredit card, Debit card, Fedwire, Apple Pay, Google PayBank transfer (ACH), Fedwire, SWIFT, Wire transfer, Apple Pay, Google Pay, SEPA, Debit/Credit card (not for US residents), Bank transfer/OSKO, FPS/BACS, CHAPS, SIC, CryptocurrencyTrading FeesTrading Fees0.1% for spot, 0.02%/0.08% for futures1%Fees included in the spread2.93% – 3.90% (depending on loyalty level)0.16%/0.26% (maker/taker)Sign UpRead Review Sign UpRead Review Sign UpRead Review Sign UpRead Review Sign UpRead Review

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Related reading: Kraken review, Kraken vs Binance, Kraken vs Bybit, MEXC reviewMEXC vs Bybit, MEXC vs KuCoin, MEXC vs Binance, MEXC vs BingX, Best US crypto exchanges

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Robert McDougall
Written by
Robert McDougall
Lead Crypto Reviewer at Marketplace Fairness
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Robert reviews cryptocurrency exchanges for Marketplace Fairness, and he tests them the hard way: opening accounts, funding them, placing live trades and messaging customer support to see how long a reply actually takes. His side-by-side spread and fee comparisons cover the platforms readers use most, and he writes the free crypto trading courses published on this site.