Provider at a glance
- Category
- Crypto Offramps
- Entity
- All 6 Kraken products
- Official website
- kraken.com
Independent rankingchecked How it works
Details
Scored 82 out of 100 under methodology 2026.10.18, from the evidence read in October 2026.
Kraken
Cash-out through Kraken
Crypto Offramps
#1 Overall
Ranked #1 of 7 crypto offramps in the published ranking
82
ChainChoice Score
The ChainChoice Score, shown against 100: published scores run from 41 to 99.- High evidence confidence
- $96 your cost/yr
Is Kraken right for you?
Right for you if these matter most
- All-in cost of a representative sale9/10, the category best
- Spread disclosure and quote binding8/10, the category best
- Payout rails speed and coverage8/10; the category best is 9
- Verified licences and regulated footprint9/10, the category best
Not yet tested for your country. Markets it lists: Global. Restricted: Japan.
to test where you can use it.
The rank above is the published one, the same for every reader. Find my best offramp shows where it lands for you.
What will Kraken cost you?
$96 your cost/yr
- Your monthly volume
- $1k
- Sale spread
- 0.8%
$23 below the median of 4 priced crypto offramps.
How this is calculatedHow safe is Kraken?
- Evidence: verified4 of 4 criteria rest on quoted, sourced receipts. Read October 2026.
- LicenceMiCA (EU): authorised by Central Bank of Ireland (CBI) since 25 June 2025. Passported: All 27 EU member states + EEA. The register record
- On the registersMiCA: authorised, PAYWARD EUROPE SOLUTIONS LIMITED (IE, since 2025-06-25). Read 3 November 2026. Open the registerMiCA: authorised, PAYWARD GLOBAL SOLUTIONS LIMITED (IE, since 2025-06-25). Read 3 November 2026. Register
Alternatives to Kraken
Compare all 4- 2Ramp Network6 points below · stronger on payout speed rails (9 against 8)76$119
- 3Coinbase24 points below · weaker on all in sell cost (4 against 9)58
- 4Transak24 points below · weaker on all in sell cost (4 against 9)58
For your setup
Find out if Kraken fits you
The rank above is the published one — the same for every visitor. Answer the category's questions and this section shows where Kraken lands for you, which criteria your answers weight up, and which stated needs the record does or does not meet. The published rank stays beside it.
- A few questions
- No account required
- Ranking-blind: no commercial input
- Personalised in under 60 seconds
Find my best offrampNothing is inferred from clicks, popularity or commercial value.
Why it leads
Why Kraken ranks #1
Each strength is read from evidence on a 0–10 ladder and weighted as the published methodology states. The 32 objective points these produce (27.4 here) sit inside the score; availability, friction, trust record and measured data add the rest. Best in this ranking on 3 of 4.
4 published criteria · Σ weight 100
CriterionWeightStrength · 0–10ScoreContrib.MedianBestRankEvidence
409+11.524.09#1/7Loading evidence…
258+6.406.08#1/7Loading evidence…
208+5.126.09#2/7Loading evidence…
159+4.327.09#1/7Loading evidence…
Hairline = best in this ranking · tick = its median · a missing bar is "not scored", never zero
Margin+6over Ramp Network, #2
RobustnessHoldsacross a one-point change to each of its 4 criterion scores, the re-run scores 82–83 and stays #1
Evidence4 of 4 scored4 quoted, 4 with a source link
What would move the rank
Each line is the ranking run again with one of Kraken’s criterion scores changed and every other value held: the smallest whole-point change on that criterion that moves its rank, and where the re-run puts it. Up to 4 climbs and 3 falls are listed, smallest change first. Nothing here is a forecast.
All-in cost of a representative sale 9 → 6 on its ladder · Ramp Network passes it−380#1 → #2
Spread disclosure and quote binding 8 → 3 on its ladder · Ramp Network passes it−579#1 → #2
Payout rails speed and coverage 8 → 2 on its ladder · Ramp Network passes it−680#1 → #2
Strengths
4 from the score dataWhere it leads
Best for readers who weight
- All-in cost of a representative sale — 9/10, the category best
- Spread disclosure and quote binding — 8/10, the category best
- Payout rails speed and coverage — 8/10, category best 9/10
- Verified licences and regulated footprint — 9/10, the category best
Tradeoffs
0 from the score dataWhere it trails
No scored criterion trails the category best by two points or more, so no tradeoff can be stated from the data.
Record watch-outs
- The cheap price only applies if you place a limit or market order on the pro order book; the default 'sell' button is a 1% instant trade with an admitted-but-unquantified spread on top. Standard EUR SEPA (Bank Frick) payouts are quoted at 0-5 business days; Instant SEPA via Banking Circle or ClearJunction is listed as near-instant.
- MIS-SOURCED, though substantively true. The licence page confirmed 10 of the 11 asserted registrations verbatim (C468360, C559106, C453020, FRN 928768, FRN 1010381, FRN 757895, MSB 31000270997766, M19343731, CySEC 342/17, BMA 202403268) — but the Wyoming SPDI did not appear on it. Read again 14 September 2026: the same page now states that Kraken "also maintains through its subsidiary 'Kraken Financial' a Wyoming-chartered Special Purpose Depository Institution", so the SPDI is sourced to the register page.
Competitive position
Where Kraken leads and where it trails
Rank on every objective dimension among the rows scored on it. A criterion in the top third of its pool is listed as a lead, the bottom third as a trail; the middle is neither. Popularity, size and commercial terms are not dimensions.
Availability#1 / 714.0 of 20 · pool best
Published criteria#1 / 720.5 of 30 · pool best
Friction#1 / 72.7 of 10 · constant here
Trust record#1 / 73.2 of 8 · constant here
Measured data#1 / 79.7 of 18 · pool best
Where Kraken leads
- All-in cost of a representative sale#1 / 7
- Spread disclosure and quote binding#1 / 7
- Payout rails speed and coverage#2 / 7
- Verified licences and regulated footprint#1 / 7
Where it trailsNo criterion in the bottom third of its pool.
Closest alternatives
The 3 nearest rows by score
Nearest by published score in either direction. Each card states the criteria on which the two rows differ and the cost difference under the same scenario inputs; the compare arithmetic below shows why the higher one ranks higher.
Ramp Network#2 of 7 · score 76 · 6.0 points behind
Kraken leads on
- All-in cost of a representative sale9 vs 8
- Spread disclosure and quote binding8 vs 6
- Verified licences and regulated footprint9 vs 7
Ramp Network leads on
- Payout rails speed and coverage9 vs 8
Largest single reason Kraken is ahead: published criteria (+6.2 display points).Scenario cost: Ramp Network is +$23 against Kraken.
Coinbase#3 of 7 · score 58 · 24.0 points behind
Kraken leads on
- All-in cost of a representative sale9 vs 4
- Spread disclosure and quote binding8 vs 3
- Payout rails speed and coverage8 vs 6
Coinbase leads onNo scored criterion
Largest single reason Kraken is ahead: published criteria (+23.7 display points).Scenario cost: Coinbase has no verified pricing for this scenario.
Transak#4 of 7 · score 58 · 24.0 points behind
Kraken leads on
- All-in cost of a representative sale9 vs 4
- Spread disclosure and quote binding8 vs 6
- Payout rails speed and coverage8 vs 4
Transak leads onNo scored criterion
Largest single reason Kraken is ahead: published criteria (+24.2 display points).Scenario cost: Transak has no verified pricing for this scenario.
Against #2
82 vs 76 · gap 6.0Why Kraken ranks above Ramp Network
DimensionThisRamp NetworkGap share
Availability · 23% weight14.014.0same
Published criteria · 35% weight20.518.1+6.2, better
Friction · 12% weight · constant here2.72.7same
Trust record · 9% weight · constant here3.23.2same
Measured data · 21% weight9.79.7same
Published criterionThisRamp NetworkPoints
All-in cost of a representative sale · w4098+1.28, better
Spread disclosure and quote binding · w2586+1.60, better
Payout rails speed and coverage · w2089−0.64, worse
Verified licences and regulated footprint · w1597+0.96, better
Net8276+6.0
Your scenario
What Kraken costs on your scenario
Sale spread on your volume for a year. Excludes network gas and any withdrawal fee. Change an input and every figure recomputes from the published rate; the published rank does not move.
your cost/yr · default scenario — set your own
$1k a month × 12 months × 0.8% sale spread = $96 / year
Your monthly volume · your input$1k
Sale spread · published rate0.8%
Rate read from the provider’s published pricing ↗ on 22 October 2026.
your cost/yrCost is stated as your cost/yr in USD; it is never a yield, never annualised, and it does not enter the score.
$96
Under the default inputs · USDCategory median$1194 of 7 rows priced · Kraken −$23 vs median
Cheapest priced$96 · KrakenKraken is the cheapest priced row for this scenario · availability not applied — set your country to filter
3 of 7 rows in this ranking have no verified rate for this scenario and are absent from the median, not counted as free.
Evidence
Evidence read 22 October 2026
One row per published criterion: the page each strength was read from, its source type by domain, the reading date and whether the file and the published table agree. Open a row for the quote and the receipt.
4 of 4 cells scored
Score evidenceVerified4 of 4 criteria reconstruct from receipts
4 of 4 criteria reconstruct from a quoted, sourced receipt equal to the published strength.Public receiptsReading…4 quoted with a source URL
The receipt file has not been read yet.Evidence confidenceHighcoverage and corroboration, never freshness
4/4 criteria scored, with 4 dated sources quoted.RobustnessHoldsrank #1 across every one-point re-run
Whether the position holds when one criterion score is changed by one point and the ranking is run again. It is always a re-run of the ranking, never an estimate.The newest evidence read on the platform is 3 November 2026; this category's reading is older. The scores stand as read on 22 October 2026.
Reading the evidence ledger…
CriterionSourceTypeReadFreshnessStatusReceipt
All-in cost of a representative salestrength 9 · weight 40Report an error—22 October 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Spread disclosure and quote bindingstrength 8 · weight 25Report an error—22 October 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Payout rails speed and coveragestrength 8 · weight 20Report an error—22 October 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.Verified licences and regulated footprintstrength 9 · weight 15Report an error—22 October 2026*
Unknown
No reading date is recorded for this cell or its category.No receipt
A strength is published but no quote or source page is on file for it.How you can lose money here, and what the ranking scores
- Regulatory failure (Kraken 9/10): no licence where you are, or a forced market exit.Scored by Verified licences and regulated footprint · 15%
- Execution failure: you get a worse price, later, or nothing.Scored by Spread disclosure and quote binding · 25% (Kraken 8/10)Scored by Payout rails speed and coverage · 20% (Kraken 8/10)
Not assessed by this ranking: Control failure, Liveness failure, Custody failure, Insolvency failure, Exit failure, Information failure. A high place says nothing about these; the Methodology tab says what each means. Also scored, as cost, quality or a summary of several families: All-in cost of a representative sale (40%).
Facts
facts, not scoresWhat the record publishes
- Pricing
- Kraken fee schedule (kraken.com/features/fee-schedule, read 22 October 2026): "Kraken charges a 1% trading fee on instant and recurring trades and a 1.5% fee on custom orders"; on instant trades "the price you see includes a spread" and "the spread may vary for similar transactions" (no figure published). Kraken Pro spot order book, Tier 1 (spot 30-day volume "$0+"; Tier 2 starts at "$2.5K+"): maker "0.40 %", taker "0.80 %". Cash withdrawal article ("Last updated: September 28, 2026", read 22 October 2026), minimum / fee / time: EUR SEPA (Bank Frick) "2 EUR" / "1 EUR" / "0-5 business days"; Instant SEPA (Banking Circle) "2 EUR" / "1 EUR" / "Near-instant"; Instant SEPA (ClearJunction) "3 EUR" / "0.90 EUR" / "Near-instant"; SEPA / SEPA Instant (Openpayd) "2 EUR" / "1 EUR" / "0-3 business days"; USD ACH "1 USD" / "Free" / "0-2 business days"; USD FedWire "20 USD" / "4 USD" / "0-1 business days"; USD RTP "20 USD" / "1.50% (50 USD max)" / "Near-instant"; GBP FPS "5 GBP" / "1.95 GBP" / "Near-instant". Worked example (our arithmetic, not Kraken's): a EUR 1,000 order-book sale at the Tier 1 taker fee plus a 1 EUR SEPA payout is about 0.80% + 0.10% = 0.90% all-in.Kraken — official pricing page ↗ · 22 October 2026
- Prices published in
- USDKraken — official pricing page ↗ · 22 October 2026
- Licences held
- United Kingdom: Registration / authorisation, European Union: Registration / authorisation, United States: Registration / authorisation, Australia: Registration / authorisation
- Compliance level
- full
- Regulatory note
- Payward Europe Solutions Ltd — Central Bank of Ireland, MiCA CASP, C468360. Payward Global Solutions Ltd — CBI, MiCA CASP (trading platform), C559106. Payward Ireland Ltd — CBI, E-Money Institution, C453020. Payward Ltd — FCA, registered cryptoasset firm, FRN 928768. Payward Services Ltd — FCA EMI, FRN 1010381. Crypto Facilities Ltd — FCA investment firm, FRN 757895.
- Supported chains
- Not published
- Markets served
- global
- Primary markets
- Not published
- Restricted markets
- Japan
- Operating limits
- Not published
- Availability note
- Kraken's licensing and eligibility article (support.kraken.com, "Last updated: September 30, 2026", read 22 October 2026): "We welcome clients from all over the world, with a few specific exceptions due to international and local regulations." Prohibited Regions: "We do not serve clients, or permit cash and crypto deposits, from the following regions:" Afghanistan, Belarus, the Crimea, Donetsk and Luhansk regions of Ukraine, Cuba, the Democratic Republic of the Congo, Iran, Iraq, Japan, Libya, North Korea, Russia, Sudan, South Sudan and Syria. In the US, Kraken "does not offer services to residents of:" Maine and New York. Cash withdrawal article (read 22 October 2026): payout rails are currency-specific (ACH, FedWire and RTP USA only; FPS UK; SEPA and Instant SEPA for EUR; SPEI "Mexico only"; PIX "Brazil only"; Osko "Australia only"), and "credit & debit cards or third-party payments processor withdrawals are not possible."
Legal entity on file: Kraken, placed in 6 products. Only confirmed entities are shown; nothing is inferred from the brand name.
If something goes wrong with Kraken: where to complain, and where to report a scam
Loading the routes for your country.
How this page is reviewed
Reviewed means this product in this category was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
How we review · Review calendar · Corrections log · How we make money
History
What the record carries
Changes to published ranks are recorded in a ledger; every step and its cause is listed on the rank-history page. The entries below begin with the current verified snapshot, then the methodology versions whose changes applied to this category, newest first.
11 methodology entries
- 22 October 2026Current verified snapshot · methodology 2026.10.18Score 82, #1 of 7. 4 of 4 criteria scored. History starts here; earlier values are not interpolated.
- 10 October 2026
2026.10.8When nothing serves your country, the list shown for reference is the published ranking · platform-wide- fixed The reference list shown when nothing serves your country is the published order with the published scores, and a build check now fails any such list out of that order or with a score the ranking does not publish.
- fixed The explorer prints an overall rank only for a row the published ranking holds; a country entrant such as Coinbase Commerce for US merchants shows no overall rank.
- changed Published orders do not move. Country results change only where nothing serves the country: in India bill pay keeps Bitcoin Well first and now shows Strike second, as published; 35 such runs across all categories and countries now match the published list exactly.
- 10 October 2026
2026.10.7Forty-one more products are offered only where their own quoted terms serve- fixed 141 country exclusions on 31 rows, each the name of a country the row's own quoted terms exclude: for example Mercuryo Hungary, China, Pakistan, Bangladesh, Chile, Colombia and Morocco; Gemini Custody the United Kingdom, Australia and the EU after its wind-down; Backed xStocks the US, Canada, the UK, Australia, Nigeria, the Philippines and Venezuela.
- changed Thirteen rows list the only countries their terms serve: Coins.ph the Philippines, Spritz bill pay, Brex, Unchained, WisdomTree, Franklin BENJI and AnchorWatch the United States (with its territories for AnchorWatch), PRYPCO Mint the UAE, N26 crypto seven EU countries, Gemini Tokenized Stocks the EU, XNET the US, Canada and the UK, Coldbit Steel and MetaMask Card the countries they list.
- changed Published (no-country) orders do not move. Country results change: in India six categories each lose one row (bill pay, cards, off-ramps, P2P, seed backup, tokenised real estate), and bill pay there has no row confirmed available, so it shows the published order marked as such; country pages list 23 fewer rows (24,357 to 24,334). The grounding test now matches full country names in any case, which shows seven earlier exclusions were quoted all along: the named debt of unquoted exclusions falls from 40 to 33 pairs.
- 10 October 2026
2026.10.6A criterion you require re-scores the rows that meet it · platform-wide- changed The explorer sends each criterion you require, at any band, as fit_required with your other answers; region, licence, chain and fact filters stay filters. On /best, a required criterion joins For you as a marked preference does, which needs your country; Overall stays the published ranking, filtered.
- added Every published criterion has a golden case as the explorer sends it (require:<criterion>), so the order a requirement gives is replayed and gated as the published order is, and a change to it needs an entry here.
Methodology 2026.10.18, the same published run every visitor sees · receipt offramps:kraken_offramp:2026.10.18:e7aeff96beb3
Are you Kraken? Reply to this verdict, or send evidence, ask for a correction or claim the listing. Every message gets a public ticket number; none of it changes a rank unless a public page or a signed statement supports it.