We compare platforms & may earn a commission. Learn more.

Pyra vs Kraken

VS

General

Platform
Pyra logo
Kraken logo
Founded
Pyra 2024
Kraken 2011
Headquarters
Pyra
Kraken San Francisco, CA
Availability
Pyra Worldwide
Kraken Worldwide

Fees & Financial

Bonus
Pyra 1,000 points and 10% less fees with code: CIR
Kraken $150 after you trade with code z735qcp7
Token
Pyra
Kraken
Compounding
Pyra Yes
Kraken No
Payouts
Pyra
Kraken Weekly
Fees
Pyra None
Kraken Yes
Lockup
Pyra None
Kraken
Maker Fee
Pyra
Kraken 0.16
Taker Fee
Pyra
Kraken 0.26

Cryptocurrency Rates

BTC Rate
Pyra
Kraken 0.15%
BTC Max
Pyra
Kraken
ETH Rate
Pyra
Kraken 2.25%
ETH Max
Pyra
Kraken 6.5%
Stablecoin Rate
Pyra 5.61%
Kraken 4.25%

Pros

  • Capital gains/tax efficiency
  • Multiple stablecoins supported

Cons

  • Deposits must be on Solana chain

Pros

  • Offers on and off-chain staking
  • Full exchange services

Cons

  • Interest rate will vary (Kraken takes a flat 15% from staking rewards)