Kraken? What is Kraken and why is Coinbase more popular?

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tomassino

New

tomassino
Jul 1, 2020 7 Comments

Doing a broad search for jobs and noticed listings for Kraken. It appears to be a cryptocurrency dealer like Coinbase and was founded in 2011 (vs. Coinbase 2012). Many reviews appear to like Kraken's product better however Coinbase seems to be all over the crypto "hotness". Is Kraken a B player? I googled that it has a 4 billion valuation.

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TOP 7 Comments
  • Affirm
    xyzabc22

    Go to company page Affirm

    xyzabc22
    Not sure about Kraken but Coinbase has alternate revenue streams (institutional custody) which is far more profitable and recession proof. Just being an exchange destroys your company when crypto bubbles burst.
    Jul 1, 2020 0
  • Coherent Logix
    Alpha_7

    Coherent Logix

    Alpha_7
    Coinbase is like Robinhood.
    Kraken is like Vanguard.
    Jul 1, 2020 0
  • Kraken is a proper exchange. It has had a lot more altcoins and charges much lower fees than coinbase. Unless you're using coinbase pro, prepare to be robbed by the exorbitant transaction amounts.
    Jul 1, 2020 0
  • SAP
    TMDs27

    Go to company page SAP

    TMDs27
    Kraken is a really fun rum
    Jul 1, 2020 2
  • Molex
    tpj123

    Go to company page Molex

    tpj123
    Coinbase has the easiest/best user interface in crypto. Many other exchanges like kraken and binance are far more complex. Crypto is extremely new and the easiest/best user experience wins out.
    Jul 1, 2020 0