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Updated October 13, 2026 · SumCue Editorial Team

Kraken vs Ledger

Two providers side by side: recorded fees, markets, regulation and platforms for Kraken and Ledger, from the same records as each review.
Kraken

Kraken

Higher score in this comparison

9.2/10
Visit
Ledger

Ledger

See alternatives

What sets them apart

Kraken vs Ledger
CompareKrakenKrakenReviewVisitVisitLedgerLedgerReviewSee alternativesSee alternatives
Coins listed72815,000Higher
Taker fee0.05% to 0.8%Not confirmed
RegulatorsCentral Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI)Not confirmed
Fiat deposit methodsCard, Bank, SEPA, ACH, Apple payNot confirmed
Maker fee0% to 0.4%Not confirmed
Proof of reservesYesNot confirmed
DerivativesYesNot confirmed
Exchange typeCexNot confirmed

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

  • Ledger is licensed in 1 more country.
  • Coins listed is higher at Ledger: 15,000 vs 728.
  • Features: only Kraken offers Mobile app.
  • Features: only Ledger offers Self custody, Virtual card.

Our verdict on each

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

Ledger

Ledger trades phone only ease for offline signing, so you carry a dedicated device to approve activity. Ledger is a self custody wallet maker with an app for buying swapping and staking, and it suits households starting careful long term digital ownership.

Read the full Ledger review

Score breakdown

Kraken vs Ledger
AreaKrakenLedger
Cost9.3Stock dealing costs stay lean at $0 for equity orders.Not confirmed
Offer9.0Market choice spans stocks, ETFs and forex with broad coin coverage.Not confirmed
Trust9.3Oversight links to Central Bank of Ireland, Cyprus Securities and Exchange Commission and Financial Conduct Authority with stated scheme cover.Not confirmed

How they place

Kraken vs Ledger
RankingKrakenLedger
Credit and debit cards327 of 15941241 of 1594
Debit cards15 of 826683 of 826
Crypto18 of 428358 of 428
Crypto exchanges16 of 330280 of 330
Crypto wallets12 of 249210 of 249

Every fact side by side

Kraken vs Ledger
FactKrakenLedger
FeaturesCrypto, Mobile appCrypto, Self custody, Virtual card
Legal entityNot confirmedLedger SAS
HeadquartersNot confirmedFrance
Support channelsNot confirmedEmail, Chat

Debit cards

Kraken vs Ledger
FactKrakenLedger
Monthly fee€0Not confirmed
Currency conversion fee0%Not confirmed
Free ATM withdrawals€0Not confirmed
Card typeDebitDebit
AudienceBeginners, ExperiencedNot confirmed
Cashback rate0.5% to 2%Higher1%
Card networkMastercardVisa
Currencies600Not confirmed
CustodySelf custodySelf custody

Crypto wallets

Kraken vs Ledger
FactKrakenLedger
Wallet typeMobileHardware
Price$0Lower$50 to $400
Coins supported72815,000Higher
Secure elementNot confirmedcertified Secure Element chip
ConnectivityNot confirmedUSB c, Bluetooth, NFC
Backup optionsSeedSeed, Recovery serviceCovers more

Where each stands against the rest

Kraken vs Ledger
FactKrakenLedgerMedian
Taker fee0.05% to 0.8%below the medianNot confirmed0.15
Coins listed728highest quarter15,000highest quarter89.5
Maker fee0% to 0.4%below the medianNot confirmed0.1

Median across 222 listed providers.

Pros and cons

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.

Ledger

Pros

  • Manages more than 15,000 digital assets through one companion app
  • Keeps private keys offline inside dedicated signers for signing
  • Supports buying swapping and staking through connected service providers

Cons

  • Requires carrying a separate signer instead of using a phone alone
  • Places full care of recovery words on the owner
  • Focuses only on digital assets rather than everyday banking needs

Who each suits

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

Ledger

Who it suits

  • Holders who want offline signing for many coins
  • Beginners seeking clearer control over digital ownership

Who should look elsewhere

  • People wanting phone only access without extra hardware

Country by country

Kraken vs Ledger
CountryKrakenLedger
AustriaNoYes
BelgiumNoYes
BrazilNoYes
BulgariaNoYes
CanadaNoYes
ColombiaNoYes
CroatiaNoYes
CyprusNoYes

8 of 37 countries where either is available.

Questions about each

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.

Ledger

What does Ledger offer?+

Ledger provides hardware signers plus a companion wallet app for managing digital assets. You use the app to view balances, manage addresses and interact with decentralised applications. Signing happens on the separate offline device.

How do buying, swapping and staking work?+

You compare third party providers inside the wallet app, then choose how to proceed. Buying, swapping and staking are arranged through those providers. Your private keys remain offline on the signer while you approve activity.

Other options to compare

Kraken

Visit

Ledger

See alternatives