K Kraken
Tightest spreads in the region with deep order books across the majors.
8.0 /10
↑ 17% APY § 01 · TOP 10 EXCHANGES IN EUROPE
The best exchanges for Europe,
ranked on what matters.
MiCA-passported across 27 member states · 14 issuers Q1. Updated weekly. Two-thirds of the rows below are field-tested. Affiliate links are tagged where they exist.
EDITOR'S TOP 3 HOW WE SCORE →
B Binance
Widest selection of vetted altcoins with a public listing rubric.
7.9 /10
↑ 15% APY C Coinbase
Pro-grade API, FIX gateway, and tiered fees that reward volume.
7.8 /10
↑ 6% APY # Platform Licence APY Fees Card Score Action
WEIGHTING · Regulation 2× · Card/IBAN 1.5× · Yield 1× · See methodology → See full ratings matrix →
§ 02 · WHAT ARE YOU HERE TO DO?
Pick a scenario. The ranking re-weights itself.
The same eight axes, weighted differently for every job. A platform that wins for borrowing rarely wins for travel. Click a scenario, the leaderboard updates.
RE-RANK PLATFORM LICENCE FIT · Deriv SCORE
01 ↑1 B Binance Proof of Reserves ●●●●● 7.9
02 ↓1 K Kraken FinCEN MSB ●●●●● 8.0
03 ↑1 O OKX VARA Licensed ●●●●● 7.8
04 ↑1 U Uniswap Non-Custodial ●●●●● 7.8
05 ↑1 B Bybit VARA Licensed ●●●●● 7.4
06 ↓3 C Coinbase NASDAQ Listed ●●●●● 7.8
07 K KuCoin CEX ●●●●● 7.0
08 d dYdX Non-Custodial ●●●●● 6.4
09 ↑1 C Curve Finance Non-Custodial ●●●●● 6.3
10 ↓1 G Gate.io CEX ●●●●● 6.3
§ 03 · HEAD TO HEAD
Two exchanges, your axes.
Pick any two from the EU top 10. Toggle the dimensions you care about. Winners are highlighted in amber.
K
Kraken
FinCEN MSB · US · EU · UK
vs.
B
Binance
Proof of Reserves · EU · UK · Asia
COMPARE ON
8.0 / 10
Overall score
7.9 / 10
FinCEN MSB (US). FCA registered (UK). VASP registered in EU countries. Kraken Bank holds Wyoming SPDI charter.
Licence
Varies by jurisdiction. Binance.US operates separately for US users. Binance Holdings pled guilty to US DOJ charges in 2023, paid $4.3B fine. Restricted in Canada.
0.16%
Maker fee
0.1%
0.26%
Taker fee
0.1%
Yes
Proof of Reserves
Yes
200
Supported coins
350
Read the Kraken review
Field-tested · FinCEN MSB
Read the Binance review
Field-tested · Proof of Reserves
02 · COVERAGE
Five verticals. 60 platforms.
§ 04 · LATEST NEWS & RESEARCH
What changed this week.
Field tests, regulatory shifts, and rate moves that affect the rankings above.
Yields fell 140bps across the top ten this week
BTC, ETH, and USDC rates at every platform we track, with spread to Treasuries. Nexo holds the line at 16% top APY; Ledn drops to 9%.
Safer alternatives after Juno's September closure
Three of Juno’s "alternatives" use the same sweep-to-partner-bank structure. We read the fine print and ranked what we’d open instead.