ByBit EU vs Kraken Comparison

ByBit EU
ByBit EU
4.1of 5
Go to ByBit EU
vs
Kraken
Kraken
4.2of 5
Go to Kraken
0.25% taker 0.10 to 0.15% maker from 5 Oct 2026: 0.25%Fees0.99 %
Minimum cost per €1,000€ 9.90
+100Cryptos629
Payment MethodsSEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card
MiCAR license via FMARegulationEU: MiCA USA: CFTC UK: FCA

Cost comparison

The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.

ByBit EUKraken
Minimum cost per €1,000€ 9.90
0.25% taker 0.10 to 0.15% maker from 5 Oct 2026: 0.25%Fees0.99 %
Wallet transfer€ 1.49
Cost transparencyLimited
1 EUR per order, card deposit from 10 USDMinimum Amount€ 1
Payment MethodsSEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card

Pros & Cons

ByBit EU
ByBit EU
Pros
  • MiCA licence from Austria's FMA – a clear regulatory basis for EU/EEA investors
  • Spot fees from 0.10% maker / 0.25% taker
  • Hundreds of tradable crypto assets
  • Assets held largely in cold storage, 2FA, proof-of-reserves audits
  • Fast execution and a well-rated app (iOS/Android)
  • Registered in Vienna, inside the EU
Cons
  • No futures or other derivatives for EEA retail clients, spot trading only
  • Security incident in February 2025 (around 401,000 ETH drained)
  • The sheer number of features can overwhelm outright beginners
ByBit EU Reviews
Kraken
Kraken
Pros
  • 629 cryptocurrencies tradable, 516 of them directly against the euro (measured on 3 September 2026 via Kraken's public API)
  • MiCA authorisation in the EEA through Payward Europe Solutions Limited, Ireland, supervised by the Central Bank of Ireland
  • Savings plan and staking are offered
  • On the market since 2011, one of the oldest crypto exchanges
  • Kraken Pro at 0.40 % maker and 0.80 % taker is far cheaper than the simple buy route
Cons
  • The simple buy route costs 1 % for instant and recurring trades, 1.5 % for custom orders
  • The cheaper Pro rates require getting to grips with an order book interface
  • Since 9 July 2026 volume tiers apply across products; the tier follows the highest of three values
  • Kraken itself gives no consistent coin count, its own pages range from 200+ to 600+
Kraken Reviews

Score Comparison

4.2Usability4.5
4.2Features4.5
4.4Fees4.1
3.7Stability4.1
4.0Support4.1

User Experiences

AI Analysis
App Store
4.5
Google Play
4.2
Trustpilot
3.4
ByBit EU
ByBit EU
Users praise the low fees and fast order execution; the platform's EU licence under MiCA adds an extra layer of confidence.
Kraken
Kraken

According to the analyzed user reviews, Kraken is often described as simple and easy to understand, especially with regard to the app and basic usability. At the same time, users mainly report criticism of support-related topics and costs, so the overall picture from a user perspective is mixed.

Investing in crypto assets carries a high level of risk, up to and including total loss of capital. This is not investment advice. Figures as of September 2026, without guarantee – check current conditions on bybit.eu.

Features

ByBit EUKraken
Savings plan
Staking
Wallet transfer
Cost transparency
2FA security
Account lock
SEPA instant bank transfer
PayPal
Credit card
Mobile app (iOS/Android)
ByBit EU
ByBit EUHighlights
  • EU-regulated (MiCA, FMA Austria)
  • Spot fees from 0.10% maker
  • Cold-wallet custody and proof of reserves
Kraken
KrakenHighlights
  • On the market since 2011 with a significant market presence
  • Comprehensive security protocols incl. 2FA and account lock
  • 380+ cryptocurrencies tradable
  • Savings plan and staking on one platform

The five areas head to head

AI Analysis

Fees & Costs

ByBit EU
ByBit EU

Spot trading (VIP 0, crypto pairs): 0.10% maker / 0.25% taker; from 5 October 2026 a flat 0.25%. Bybit EU does not offer futures or other derivatives to EEA retail clients. Deposit and withdrawal costs depend on the method used; crypto transfers incur the usual network fees.

Kraken
Kraken

The reviews present a mixed picture when it comes to fees and costs: on the one hand, low fees are mentioned positively several times; on the other hand, users criticize high fees. According to user reviews, the perception of costs is therefore not consistent.

Usability & User Experience

ByBit EU
ByBit EU

Not enough reviews available.

Kraken
Kraken

Users particularly appreciate Kraken’s intuitive app and clear design, which are repeatedly described in reviews as easy to use. According to the reviews, getting started is quick for many users, and overall navigation is also mentioned positively. Some users report that the app does not open immediately, which makes usability appear limited from the perspective of individual reviews.

Features & Offering

ByBit EU
ByBit EU

Not enough reviews available.

Kraken
Kraken

In the analyzed user reviews, there are only a few recurring statements about features and the offering, which is why this area mainly reveals individual requests. Among other things, users want a candlestick chart, a prediction market, an auto-sell function, a 72-hour timer, and a widget for the app. In addition, some users would like more support for beginners and a calendar. Overall, the feedback mainly shows additional feature requests.

Stability & Security

ByBit EU
ByBit EU

Not enough reviews available.

Kraken
Kraken

Regarding stability and reliability, the analyzed user data mainly contains individual critical feedback. Some users report that the app cannot be opened immediately or that withdrawals are perceived as delayed. Overall, however, the available data is not sufficient, according to the reviews, to derive a clearly reliable user picture for this area.

Customer Support

ByBit EU
ByBit EU

Not enough reviews available.

Kraken
Kraken

When it comes to support, users comparatively often report longer waiting times or no response at all. According to the reviews, missing help and slow reactions are repeatedly criticized, making this area clearly viewed critically from a user perspective. Individual feedback also suggests that issues are not always resolved promptly.

Details

ByBit EUKraken
Bybit EU GmbHCompanyPayward Europe Solutions Limited
2018Founded2011
MiCAR license via FMARegulationEU: MiCA USA: CFTC UK: FCA
1 EUR per order, card deposit from 10 USDMinimum Amount€ 1
KYCPhoto ID

Verdict

Both providers are practically level in our overall rating (4.1 to 4.2).

ByBit EUOur Opinion

Bybit EU pairs the strengths of the wider Bybit exchange – low fees, fast execution and a well-built interface – with a genuine EU licence (MiCA, granted by Austria's FMA). For European investors who want a regulated venue without giving up depth of markets, it is one of the more compelling options in 2026. Anyone expecting the very high leverage available on Bybit's global platform should note that those products are not available to EEA retail clients.

KrakenOur Opinion

Kraken is considered one of the oldest and most established crypto exchanges and has been active in the market since 2011. With over 380 tradable cryptocurrencies as well as savings plan and staking features, the platform is appreciated by long-term investors. The extensive security protocols, including 2FA and account lock, are rated positively.

The trading fees of 0.99% and total costs of €9.90 per trade are in the middle range compared with cheaper providers. The lack of EU regulation or a BaFin license is occasionally criticized. Cost transparency is regarded as limited, which some users see as room for improvement.

Kraken is considered particularly suitable for investors who value a long-established platform with a wide coin selection and want to use savings plans and staking — even without EU regulation.