Kraken与Coinhouse对比：两家加密货币交易所比较

In the Kraken vs Coinhouse comparison, investors assess two platforms operating under distinct models. Coinhouse provides brokerage-style crypto services with a focus on guided investing and local market presence in France. Kraken, originally a cryptocurrency exchange, now offers a broader product ecosystem including staking, recurring purchases, asset bundles, advanced order types, and additional investment products in certain jurisdictions. Below, we analyze how the platforms compare across fees, supported assets, liquidity, trading functionality, security infrastructure, and overall platform depth.

Kraken于2011年在美国成立，是加密货币行业中最早、最成熟的品牌之一。Bitcoin推出不到两年后，Kraken便随之推出，凭借对安全、运营透明度和高品质用户体验的高度重视，赢得了全球认可。

如今，Kraken为超过1,500万名客户提供服务，覆盖190多个国家/地区。Kraken提供的产品，从面向个人投资者的旗舰Kraken平台，到通过Kraken Pro平台和Kraken Desktop应用为高级交易者和机构交易者打造的强大一体化交易平台，覆盖广泛。

Kraken的机构服务套件涵盖现货、杠杆、合约市场、质押和场外交易，为符合条件的客户提供服务。Kraken还通过Kraken 学习中心大力投入教育内容，为新手和经验丰富的交易者提供支持。

Kraken总部位于怀俄明州，坚持问责制，定期发布储备证明。这一做法早在2014年便由Kraken引入加密货币行业。Kraken还是首家在Bloomberg Terminal上挂牌的加密货币交易所，帮助弥合传统金融与数字资产之间的鸿沟。

Kraken在包括美国、加拿大、英国和欧盟在内的主要市场持有监管牌照，并曾协助处理Mt. Gox债权人索赔等案件。凭借稳定且合规的运营，Kraken建立了良好声誉，成为寻求安全、长期稳定加密货币交易所的客户信赖的平台。

Coinhouse is a Paris-based crypto broker/exchange positioned around regulated access to crypto for French and European users. It is known for being among the earliest French players to obtain Digital Asset Service Provider (PSAN) registration with France’s financial regulator, the AMF, with Coinhouse stating it registered in March 2020. Coinhouse focuses on simple buying and selling, guided investing options, and support aimed at users who value a local provider and compliance-first operations. The platform aims to bridge traditional finance expectations and crypto access, combining a simplified investing flow with a compliance-forward operating model for euro-based clients.

Kraken distinguishes itself through its global infrastructure and extensive operational record dating back to 2011. Having endured multiple industry cycles, it has established a reputation grounded in transparency and consistency. Its security framework includes audited Proof of Reserves, international compliance standards and a long-standing clean record regarding client asset protection. While brokerage-style platforms emphasize guided investing, Kraken provides direct exchange access, advanced trading tools, institutional-grade services and diversified product layers — appealing to clients who prioritize autonomy, liquidity and regulatory oversight.

Kraken的产品生态系统旨在满足各种交易风格和不同经验水平用户的需求。通过简洁易用的移动应用程序，用户可以随时随地进行交易；也可以通过Kraken Pro使用更高级的工具，包括详细的图表、自定义订单类型和实时市场数据。

平台为所有用户提供现货交易服务。在符合条件的地区，用户还可以使用杠杆交易（最高5倍杠杆）和期货合约（最高50倍杠杆）。机构客户和高净值客户可以通过Kraken的场外交易柜台和Kraken Prime获取更多服务。

除交易外，Kraken还支持加密货币质押，涵盖21种以上资产。根据币种和网络状况，年化收益率可达17%。用户可以直接通过平台质押以太坊（ETH）、Solana（SOL）和Cardano（ADA）等资产，赚取被动收益。

Kraken还通过Krak支持全球数字支付。该功能让用户可以免交易手续费发送加密货币或现金。

2024年，Kraken推出了基于Optimism的SuperChain构建的Ink二层网络，为中心化交易所与热门DeFi协议之间提供无缝连接。

对于希望深入了解金融知识的用户，Kraken 学习中心提供丰富的教育资源，内容涵盖从区块链基础知识到高级交易策略。

Coinhouse emphasizes an approachable experience for buying, selling and holding cryptocurrencies, with options that cater to beginners and users who prefer guided investing. The platform is less focused on advanced, exchange-style features such as deep derivatives markets, complex order routing, and highly specialized trading tools. Instead, it positions itself as a regulated gateway for euro-based clients, often pairing straightforward execution with educational content and account support. Active traders who need pro interfaces, extensive order types, and high-liquidity markets across many pairs may find more depth on global exchanges.

Coinhouse offers a brokerage-style experience with premium tiers and guided services, which can appeal to users who want additional support or a more curated investing journey. That model, however, can be less aligned with traders who prefer exchange-based pricing, deeper liquidity and more advanced execution tools. Kraken delivers a more exchange-native product suite. It combines Kraken Pro’s professional trading tools with spot trading and access to margin and futures in eligible regions. Investors also get staking, recurring buys (DCA) and asset bundles, alongside institutional services like OTC and Kraken Prime. For users who value autonomy, liquidity depth and a broader feature stack, Kraken is typically the stronger product environment.

Kraken用户可以访问600多种加密货币，包括Bitcoin（BTC）和XRP（XRP）等主流加密货币，以及各种山寨币，涵盖迷因币和流动性质押代币。

此外，Kraken应用还提供超过11,000只免佣金ETF和股票，可直接进行交易。在符合条件的地区，用户还可以投资xStocks，即这些股票的代币化版本。
Kraken支持使用10种主要法定货币进行提款和充值，为全球用户提供快速、便捷的账户入金体验。

支持的法定货币包括：

• USD（美元）

• CAD（加元）

• GBP（英镑）

• EUR（欧元）

• JPY（日元）

• AUD（澳元）

• CHF（瑞士法郎）

• ARS（阿根廷比索）

• MXN（墨西哥比索）

• BRL（巴西雷亚尔）

此外，平台还支持15种稳定币，包括Tether（USDT）、USDC和USDG。

Coinhouse supports a curated set of cryptocurrencies compared with very large international exchanges. This approach can reduce complexity and align with a compliance-first listing philosophy, but it can limit access to long-tail tokens and the newest speculative assets. Availability may vary by product and jurisdiction, and the platform’s main strength is providing regulated access for a French audience rather than maximizing the number of listed coins.

Coinhouse offers a curated selection of cryptocurrencies aligned with its brokerage-style approach. Kraken supports a larger universe of 500+ digital assets and global fiat funding options. For investors who prioritize wide token coverage, deeper liquidity and the option to expand into stock and ETF investing in select regions, Kraken offers more comprehensive asset access.

Kraken采用分级的交易量费率模式，费率透明，能够满足专业交易者和普通投资者的需求。

挂单手续费最低为0.25%，吃单手续费最低为0.40%。此外，高交易量个人用户和机构还可享受费率折扣。订阅Kraken+后，符合条件的用户在每月达到特定交易量上限前可完全免除这些费用。

大多数加密货币和法定货币充值均免手续费，但具体费用可能因交易方式和资产而异。Kraken还通过在交易确认前显示全部费用来提升透明度，确保用户提前了解相关费用，避免产生高额的意外成本。

Coinhouse’s fees are typically presented in a broker-style way, where the cost of buying and selling is clearer to casual users but may be higher than exchange maker/taker pricing for active traders. Pricing can vary by service level, order size and any subscription or premium tier the client uses. Users comparing platforms should look at total execution costs, including spreads and payment-method fees, especially if they plan to invest frequently or in larger size.

Coinhouse’s subscription-based model can reduce fees for users who commit to premium tiers, but standard pricing may be higher than exchange-based platforms. Kraken’s fee model does not require subscription tiers to unlock competitive rates. With transparent volume discounts and clearly displayed withdrawal costs, Kraken appeals to users who prefer a trading-first pricing structure rather than a service-tier model.

Kraken被广泛认为是业内安全性较高的加密货币平台之一。自成立以来，Kraken从未发生过导致客户资金损失的安全漏洞事件，这一成就很少有其他交易所能够实现。客户可享受多层账户保护，包括使用通行密钥进行双重身份验证、PGP电子邮件加密、带范围限制的细粒度API密钥权限、可配置的账户超时设置、实时可疑活动监控、提币白名单和主密钥设置。

Kraken于2014年率先推出储备金证明，并通过定期开展可独立验证的审计持续引领行业。这项加密技术流程让客户能够随时自行查看账户余额是否由真实资产提供支持。Kraken还获得了ISO/IEC 27001:2013认证，符合SOC 2 Type 2审计要求，并运营着一个公开且运行稳健的漏洞报告奖励计划。

Coinhouse operates within a French regulatory framework and emphasizes compliance and operational transparency. The platform provides account-level security controls including two-factor authentication and standard withdrawal safeguards. Its custody structure is aligned with its brokerage-style model and premium-tier services, which may include additional support for higher-value accounts.

Coinhouse emphasizes compliance within the French regulatory framework and provides account-level protections. Kraken, however, combines regulatory alignment with more than a decade of global exchange operations and a clean security record. Its layered controls, Proof of Reserves audits and internationally recognized certifications position Kraken as a security-driven platform designed to withstand market stress and operational risk over time.

Kraken以响应迅速、专业的客户服务著称，提供多种客服支持渠道，满足不同用户的需求。客户可以通过在线客服全天候与真人客服人员沟通、通过电子邮件提交请求，或在部分情况下直接通过电话联系客服专家。

Kraken的多语言客服支持团队可以使用十多种语言为用户提供帮助，从而更有效地服务全球客户。

该交易所在客户满意度方面也获得了高度评价，并在Customer Centricity World Series中荣获“欧洲客户体验领域人工智能最佳应用”奖。Kraken注重清晰沟通、同理心和问题处理速度，这种理念持续让其客户体验在竞争激烈的市场中脱颖而出。

Coinhouse positions customer support and guidance as a differentiator for a French-speaking audience, often aiming to provide assistance that feels closer to a traditional financial service. Support channels and service levels can vary by plan, and users who want 24/7 live support and rapid escalation during volatile markets should compare how Coinhouse’s offering stacks up against global exchanges with around-the-clock coverage.

Coinhouse offers a curated selection of cryptocurrencies aligned with its brokerage-style approach. Kraken supports a larger universe of 500+ digital assets and global fiat funding options. For investors who prioritize wide token coverage, deeper liquidity and the option to expand into stock and ETF investing in select regions, Kraken offers more comprehensive asset access.

Coinhouse delivers a brokerage-style experience with subscription tiers and guided services tailored to French investors. Kraken, meanwhile, operates as a global exchange ecosystem. Supporting 500+ cryptocurrencies, advanced trading tools, staking and derivatives in eligible regions, Kraken provides deeper liquidity and broader functionality. For investors who prioritize autonomy, transparent pricing and exchange-grade infrastructure, Kraken may be the more scalable option.