When it comes to buying and selling cryptocurrencies, there are a few different exchanges that you can use. Two of the most popular exchanges are Kraken and Coinbase. So, what is the difference between these two exchanges?
Kraken is a cryptocurrency exchange that was founded in 2011. The exchange is based in San Francisco, USA. Kraken allows you to buy and sell cryptocurrencies, as well as trade between them.
You can also margin trade on Kraken. This means that you can trade with leverage, which can help you to make bigger profits – but it can also lead to bigger losses.
Coinbase is another popular cryptocurrency exchange. Coinbase was founded in 2012, and is based in San Francisco, USA.
Coinbase allows you to buy and sell cryptocurrencies, but does not offer margin trading like Kraken does. Coinbase is probably the most user-friendly exchange available, which makes it a good choice for beginners.
So, what is the difference between Kraken and Coinbase? Kraken offers more features than Coinbase, including margin trading. However, Coinbase is more user-friendly than Kraken and may be a better choice for beginners.