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Updated September 29, 2026 · SumCue Editorial Team

GMO Coin vs Kraken

GMO Coin scores 9.2 and Kraken 9.2 out of 10. Compare their differences and shared features below.
Kraken

Kraken

9.2/10
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GMO Coin

GMO Coin

Higher score in this comparison

9.2/10
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GMO Coin vs Kraken: the differences

GMO Coin vs Kraken
CompareGMO CoinGMO CoinReviewSee alternativesSee alternativesKrakenKrakenReviewVisitVisit
Taker fee0.05% to 0.09%0.05% to 0.8%
Coins listed17728Higher
RegulatorsKanto Local Finance Bureau (Kanto Local Finance Bureau, crypto asset exchange services), Kanto Local Finance Bureau (Type 1 financial instruments business operator)Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI)
Fiat deposit methodsBankCard, Bank, SEPA, ACH, Apple payCovers more
Maker fee-0.03% to -0.01%Lower0% to 0.4%
Proof of reservesNot confirmedYes
Withdrawal feeFree (JPY withdrawal, crypto transfer); JPY 400 per large withdrawal above JPY 30,000,001Not confirmed

Same on both: Derivatives (Yes), Exchange type (Cex).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Regulators: only GMO Coin offers Kanto Local Finance Bureau (Kanto Local Finance Bureau, crypto asset exchange services), Kanto Local Finance Bureau (Type 1 financial instruments business operator).
  • Regulators: only Kraken offers Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority.
  • Kraken is licensed in 1 more country.
  • Maker fee is lower at GMO Coin: -0.03% to -0.01% vs 0% to 0.4%.
  • Coins listed is higher at Kraken: 728 vs 17.
  • Fiat deposit methods: only Kraken offers Card, SEPA, ACH.
  • Features: only GMO Coin offers Custodial, Staking.
  • Features: only Kraken offers Crypto, Mobile app.

Our verdict on each

GMO Coin

GMO Coin suits readers in Japan who want a locally regulated exchange for a short list of major coins, with taker fees of 0.05% to 0.09% below the 0.2% typical of the exchanges compared. The trade off is a narrow coin range against support through a help centre only.

Read the full GMO Coin review

Kraken

Kraken suits active crypto traders who also want stocks, ETFs, forex and futures alongside digital assets, with commission free stock dealing at $0 and cover shown as EU ICS up to EUR 20,000. Support runs through help centre routes, so traders who want phone help should weigh that trade off before opening an account.

Read the full Kraken review

Score breakdown

GMO Coin vs Kraken
AreaGMO CoinKraken
Cost9.7Higher9.3Stock dealing costs stay lean at $0 for equity orders.
Offer8.6Taker fee of 0.05% to 0.09% sits below the 0.2% typical of the category, with free yen and crypto withdrawals.9.0HigherMarket choice spans stocks, ETFs and forex with broad coin coverage.
Trust9.29.3HigherOversight links to Central Bank of Ireland, Cyprus Securities and Exchange Commission and Financial Conduct Authority with stated scheme cover.

How they place

GMO Coin vs Kraken
RankingGMO CoinKraken
Crypto94 of 42818 of 428
Crypto exchanges74 of 33016 of 330

Also worth a look

Btc Markets has maker fee at -0.05%, against -0.03% to -0.01% for GMO Coin and 0% to 0.4% for Kraken.

Btc Markets review

Every fact side by side

GMO Coin vs Kraken
FactGMO CoinKraken
FeaturesCustodial, StakingCrypto, Mobile app
Legal entityGMO Coin, Inc. (GMOコイン株式会社)Not confirmed
HeadquartersJapanNot confirmed
Founded2017Not confirmed
Support channelsHelp centreNot confirmed

Debit cards

GMO Coin vs Kraken
FactGMO CoinKraken
Monthly feeNot confirmed€0
Currency conversion feeNot confirmed0%
Free ATM withdrawalsNot confirmed€0
Card typeNot confirmedDebit
AudienceNot confirmedBeginners, Experienced
Cashback rateNot confirmed0.5% to 2%
Card networkNot confirmedMastercard
CurrenciesNot confirmed600
CustodyNot confirmedSelf custody

Crypto wallets

GMO Coin vs Kraken
FactGMO CoinKraken
Wallet typeNot confirmedMobile
PriceNot confirmed$0
Coins supportedNot confirmed728
Backup optionsNot confirmedSeed

Where each stands against the rest

GMO Coin vs Kraken
FactGMO CoinKrakenMedian
Taker fee0.05% to 0.09%below the median0.05% to 0.8%below the median0.15
Coins listed17lowest quarter728highest quarter89.5
Maker fee-0.03% to -0.01%lowest quarter0% to 0.4%below the median0.1

Median across 222 listed providers.

Pros and cons

GMO Coin

Pros

  • Taker fees of 0.05% to 0.09% come in under the 0.2% seen across the exchanges compared
  • Registered with the Kanto Local Finance Bureau (Kanto Local Finance Bureau, crypto asset exchange services) and Kanto Local Finance Bureau (Type 1 financial instruments business operator) for crypto asset exchange services
  • Withdrawal fees are free for yen and crypto transfers at normal sizes

Cons

  • Taker fees of 0.05% to 0.09% are higher than the 0.2% typical across the exchanges compared
  • The listing of 17 is a narrow range next to the 74.5 median for crypto exchanges
  • Support runs on help centre only, so there is no live chat or phone line

Kraken

Pros

  • Commission free stock dealing at $0, below DKB at €10
  • Low entry with $1 alongside fiat choice across card, bank and SEPA
  • Broad venue with stocks, ETFs and forex and 728 plus published proof of reserves

Cons

  • Support runs on help centre only, so you manage queries through help centre paths.
  • Card funding carries extra cost within Free bank deposits, card 3.75% + 0.25, so bank routes suit cost aware deposits.
  • Coin trading fees run 0.05% to 0.8%, so frequent takers should weigh volume tiers.

Who each suits

GMO Coin

Who it suits

  • Readers in Japan with a bank account who want a supervised, licensed venue
  • Traders who place limit orders and value the negative maker fee
  • Anyone happy staking on a custodial account rather than self custody

Who should look elsewhere

  • eToro, if you want a much wider asset range at a higher taker fee
  • Vivid Plus, if a business account and a higher stated crypto rate suit you better
  • bunq, if you prefer a euro bank with crypto on the side

Kraken

Who it suits

  • Active traders wanting crypto plus stocks, ETFs, forex and futures in a shared venue
  • Cost aware equity investors drawn to dealing at $0 with modest entry at $1

Who should look elsewhere

  • ActivTrades if you want phone led help rather than help centre paths on help centre
  • DKB if you prefer bank bundled investing over crypto led coverage at 728

Current offers

GMO Coin

Current offer

  • Bonus

    Sales office and tsumitate: 0.5% point rebate programme when linked via the 1 Account service: 0.5% point rebate

    Must link with GMO Click Securities 1 Account; shown as a top banner on the GMO Coin home page

    Source, checked September 26, 2026

  • Bonus

    200 points present when linked via the 1 Account service: 200 points

    Link the 1 Account service; campaign page 202606-01

    Source, checked September 26, 2026

  • Bonus

    Foreign exchange FX account opening and first trade: 3,000 yen cash present: 3,000 JPY

    Open an FX account and place a first trade

    Source, checked September 26, 2026

Country by country

GMO Coin vs Kraken
CountryGMO CoinKraken
JapanYesNo

Questions about each

GMO Coin

What trading fees does GMO Coin charge?+

Fees of 0.05% to 0.09% apply when you take liquidity off the order book, and maker fees of -0.03% to -0.01% apply when you add to it. The maker rate is negative, so a resting order that fills credits your balance rather than charging you.

Is it free to withdraw yen or crypto?+

Regular yen withdrawals and crypto transfers carry no charge. Very large withdrawals above a stated yen threshold are charged a flat fee, so check the published limit before sending a large transfer of funds.

Kraken

What is the minimum deposit to start with Kraken?+

You can open an account with $1, which keeps entry modest for new funders. Bank routes are available alongside card and wallet paths, so you can choose the rail that fits your timing and cost preference.

How much does Kraken charge for stocks and crypto trades?+

Stock dealing is shown as $0, which keeps equity orders lean. Crypto taker fees run 0.05% to 0.8%, so your all in cost depends on asset class, order type and monthly volume tier.

Other options to compare

Kraken

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GMO Coin

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