Kraken vs Binance: which is cheaper for buying bitcoin?
Right now, Binance gives you 4,833 sats more than Kraken for 500 EUR, after fees.
Over 5 years of buying €100 a week, the fee difference would have been worth about
€393 today.
| Kraken | Binance | |
|---|---|---|
| You get for 500 EUR (live) | 0.00685050 BTC | 0.00689883 BTC |
| You get for 500 USD (live) | 0.00610020 BTC | 0.00613510 BTC |
| Type | Exchange | Exchange |
| Fee per buy | 0.80% | 0.10% |
| Fees on €100/week for 5 years | €242 | €30 |
| Currencies | EUR, USD | EUR, USD |
| Payment methods | sepa, bank transfer, card | sepa, card |
| Lightning withdrawals | ✅ Yes | ✅ Yes |
| Automatic recurring buys | — | — |
| Identity verification | Required | Required |
| Go to Kraken | Go to Binance |
Which should you choose?
Both are exchanges, so the price you pay is set by the order book and the main difference is the trading fee. Pick the lower-fee one for one-off buys, but also consider which supports your payment method and whether you want Lightning withdrawals.
Not sure? See every provider ranked live or model your savings plan.
Other comparisons
Kraken vs Bitvavo · Kraken vs Coinbase Advanced · Kraken vs Bitstamp · Kraken vs Gemini · Bitvavo vs Binance · Coinbase Advanced vs Binance
Live quotes assume a market buy at the best price, the lowest-volume fee tier and a free bank deposit. Fees reviewed 2026-10. Buttons may be affiliate links; that never changes which provider we say is cheaper.