Kraken 與 HTX：比較這些加密貨幣交易所

This Kraken vs. HTX article breaks down how the two platforms differ in important areas like, fees, products, support and security.

Founded in 2011, Kraken is one of the world’s largest and most trusted names in crypto. Headquartered in Wyoming, it serves millions of global clients across over 190 countries.

Covering products such as staking, margin, futures, and OTC trading, Kraken offers different ways to gain exposure to hundreds of the world’s largest digital assets. All backed by its globally recognized security standards, Kraken was the first to pioneer Proof of Reserves and continues to uphold a new standard for transparency and accountability.

Kraken’s reviews show that it appeals to early investors and advanced traders who appreciate legal compliance, responsive customer support and effective security features backing their trading journey. As one of the oldest, most trusted and best known crypto exchanges, Kraken has the tools and features you need to execute your crypto strategy on your own terms.

Kraken 於 2011 年在美國成立，是加密貨幣業界最早成立且最具規模的品牌之一。交易所於 Bitcoin 推出後不足兩年便正式成立，憑藉對安全、營運透明度及優質用戶體驗的高度重視，贏得全球認可。

目前，Kraken 為超過 190 個國家的逾 1,500 萬名客戶提供服務。Kraken 的產品由面向個人投資者的旗艦 Kraken 平台，以至透過 Kraken Pro 平台及 Kraken Desktop app 為進階及機構交易者提供的強大一站式交易平台，涵蓋多個範疇。

Kraken 的機構服務套件涵蓋現貨、槓桿、期貨市場、質押及場外交易，服務合資格客戶。Kraken 亦透過 Kraken 學習中心 大力投資教育，支援新手及經驗豐富的交易者。

Kraken 總部位於懷俄明州，並透過定期發布 Proof of Reserves 強調其對問責的承諾。這項做法早於 2014 年便由 Kraken 引入業界。Kraken 亦是首間在 Bloomberg Terminal 上市的加密貨幣交易所，有助於連繫傳統金融與數位資產。

憑藉在美國、加拿大、英國、歐盟等主要市場取得的監管牌照，以及協助處理 Mt. Gox 債權人申索等案件的經驗，Kraken 建立了穩定並符合規例的營運聲譽，成為尋求安全且持久的加密貨幣交易所人士信賴的平台。

Founded as Huobi in 2013 by Leon Li, HTX is one of the oldest cryptocurrency exchanges. It was initially based in China, but moved overseas following the country’s crackdown on crypto trading. In recent years, it has undergone significant restructuring and rebranding following its acquisition by Justin Sun.

HTX delivers spot, derivatives and margin trading, staking, crypto loans and various yield programs across a wide range of tokens (including smaller, emerging assets). Historically, the platform has enjoyed a strong presence in Asian markets.

HTX is known for its broad asset listings and deep altcoin liquidity — making it a popular choice among traders seeking access to newer tokens. Today, it continues to maintain sizable trading volume in certain regions.

However, the exchange has faced regulatory uncertainty, a change in leadership and concerns around transparency. HTX has exited multiple markets (including mainland China) and reduced operations in others. Additionally, questions have been raised about its corporate governance, reserve disclosures and stability following layoffs and its ownership change. While it publishes Proof of Reserves, confidence among institutional and Western users has declined in recent years.

Today, HTX is regarded as a legacy exchange that still serves active traders in certain regions, but it is generally perceived as higher-risk compared to more regulated and transparent competitors.

Investors frequently choose Kraken because of their proven track record in regards to account security, product quality, and strong compliance standards. These priorities have helped it build long-term trust with millions of users across the globe.

While HTX offers breadth and flexibility, Kraken emphasizes stability, regulatory clarity, and client protection. For users seeking a regulated exchange with a focus on reliability and a deep product suite, Kraken remains a consistent first choice.

Kraken 的生態系旨在支援各種交易風格及不同經驗程度的用戶。你可以透過簡潔易用的流動 app 隨時隨地進行交易，或使用 Kraken Pro 的進階工具，包括詳細圖表、自定義訂單類型及即時市場數據。

平台支援所有用戶進行現貨交易；符合資格的地區亦可進行槓桿交易（槓桿最高達 5 倍）及期貨合約（槓桿最高達 50 倍）。機構及高淨值客戶可以透過 Kraken 的場外交易櫃枱及 Kraken Prime 服務使用更多服務。

除交易外，Kraken 亦提供加密貨幣質押，涵蓋超過 21 種資產；獎勵最高可達 17% 年化收益率，實際數額視乎代幣及網絡狀況而定。你可以直接透過平台質押 以太坊（ETH）、Solana (SOL) 及 Cardano (ADA) 等資產，賺取被動收益。

Kraken 亦透過 Krak 支援全球數碼支付。這項功能讓你可以免交易手續費發送加密貨幣或現金。

2024 年，Kraken 推出建基於 Optimism 的 SuperChain 的 Ink Layer-2 網絡，為中心化交易所與熱門 DeFi 協議之間提供順暢的連接。

如果你希望加深金融知識，Kraken 學習中心提供各類教育資源，涵蓋由區塊鏈基礎至進階交易策略的內容。

HTX offers an expansive product suite beyond simple spot trading. Users can access spot markets of hundreds of cryptocurrencies, margin and perpetual futures contracts with leverage of up to 200×, copy-trading features, token earning programmes like Launchpool, as well as staking and yield products, allowing users to earn passive income from their dormant digital assets.

The platform also supports advanced technical tools such as leveraged ETPs and multi-asset collateral systems to appeal to both high-frequency traders and ecosystem-focused users.

Additionally, HTX provides sophisticated API support for automated and algorithmic trading. The platform supports external trading bots and custom integrations via its WebSocket and REST APIs. This allows advanced traders and developers to integrate their own tools and strategies for automated trading.

And recently, HTX started offering access to tokenized stocks. For example, HTX has launched a perpetual contract for TSLAX, a tokenized stock that tracks Tesla's stock price. By partnering with Backed Finance (a regulated real-asset tokenization firm), which issues a compliant xStock, HTX is then able to list it for trading.

While HTX offers an expansive range of trading features, including high-leverage futures up to 200×, copy-trading bots, and hundreds of altcoin listings, Kraken stands out by offering a more structured, compliance-oriented product ecosystem.

HTX’s focus is strongly on derivatives and fast-moving token opportunities. In contrast, Kraken provides not only spot and futures trading, but also staking across dozens of assets such as ETH, DOT, ADA, and institutional-grade access to tokenised stocks and ETFs in supported regions.

For traders seeking global access and product depth under a regulated architecture, Kraken delivers a broad, well-integrated platform. HTX may appeal to users focused purely on derivatives and high-frequency token plays, but for those who value product variety and regulatory clarity, Kraken offers a more balanced and institution-ready solution.

客戶可在 Kraken 使用超過 600 種加密貨幣，包括 Bitcoin (BTC) 和 XRP (XRP) 等主要加密貨幣，以及各種山寨幣，從迷因幣到流動性質押代幣，一應俱全。

你亦可直接在 Kraken 應用程式交易超過 11,000 隻免佣金 ETF 及股票。合資格地區的客戶亦可投資xStocks，即這些股票的代幣化版本。
Kraken 支援以 10 種主要法定貨幣提款及充值，讓全球客戶可以快速便捷地為帳戶存入資金。

支援的法定貨幣包括：

• USD（美元）

• CAD（加拿大元）

• GBP（英鎊）

• EUR（歐元）

• JPY（日圓）

• AUD（澳元）

• CHF（瑞士法郎）

• ARS（阿根廷披索）

• MXN（墨西哥披索）

• BRL（巴西雷亞爾）

Kraken 亦支援 15 種穩定幣，包括 Tether (USDT)、USDC 及 USDG。

HTX supports a broad asset universe, listing over 700 cryptocurrencies and more than 1,000 trading pairs as of 2026.

The exchange emphasises new and niche listings, including first-to-market tokens across sectors such as DeFi, AI and memecoins, making it a platform for users seeking exposure to emerging markets.

HTX also supports over 25 fiat currencies and 14 stablecoins, providing decent versatility for users in a number of different regions.

HTX lists over 700 cryptocurrencies, catering to traders seeking exposure to new or niche projects. Kraken, however, takes a more measured approach, offering more than 500 carefully vetted digital assets alongside 11,000+ traditional instruments through Kraken Securities.

This blend of depth and due diligence gives Kraken an advantage for investors prioritizing asset integrity, liquidity, and regulatory compliance over sheer volume of listings — key differentiators in today’s evolving crypto market.

Kraken 的交易量分級手續費模式分層清晰且透明，兼顧專業交易者及一般投資者的需要。

掛單手續費由 0.25% 起，吃單手續費為 0.40%；高交易量的個人及機構亦可享有折扣。訂閱 Kraken+ 後，合資格客戶在每月交易量達到指定上限前，更可完全免除這些手續費。

大部分加密貨幣及法定貨幣充值均可免費，惟部分充值方式及特定資產可能例外。Kraken 亦透過在交易確認前顯示所有手續費，進一步提升透明度，讓客戶事先清楚了解相關手續費，避免面對高昂的意外費用。

HTX operates a tiered maker-taker fee model where both spot makers and takers start at 0.20% each. Users can reduce their fees through higher trading volume, subscription-based VIP tiers, or by holding the platform’s native token (HT/HTX) for discounts.

Futures trading at HTX reflects much lower base rates (around 0.02% maker and 0.06% taker), with further reductions possible under VIP conditions.

While cryptocurrency deposits are free, withdrawal fees vary by asset and network, and fiat-card purchases may carry higher costs.

HTX’s straightforward fee model appeals to users who value predictable costs, but Kraken offers even greater flexibility across global markets with lower entry fees for active traders.

Kraken’s maker-taker rates start as low as 0.16% for makers and 0.26% for takers, undercutting HTX’s standard 0.40% flat rate.

Kraken also boasts a much wider range of products, including futures and staking, under the same transparent pricing framework, giving users more ways to earn or trade without facing hidden charges or token-based incentives.

For traders focused on minimizing costs within a regulated, multi-asset environment, Kraken’s global fee structure and clear disclosures make it the stronger long-term option over HTX.

Kraken 廣泛被視為業內最安全的加密貨幣平台之一。自成立以來，Kraken 從未發生導致客戶資金損失的保安事故，這是少數其他交易所能夠作出的保證。客戶可享有多層帳戶保障，包括使用密碼金鑰的雙重認證、PGP 電郵加密、設有範圍限制的細緻 API 金鑰權限、可設定的帳戶逾時、即時監察可疑活動、提幣白名單及主密鑰設定。

Kraken 於 2014 年率先推出儲備證明，並持續透過定期及可由獨立人士驗證的審計引領業界。這項加密程序讓客戶可以隨時親自查閱其帳戶餘額如何由真實資產作為支持。Kraken 亦持有 ISO/IEC 27001:2013 認證，符合 SOC 2 Type 2 審計要求，並營運一項穩健的公開漏洞獎勵計畫。

HTX emphasizes security via institutional-grade custody and transparency measures. The exchange has integrated with Fireblocks Off-Exchange to allow institutional trading while keeping assets in external custody and reducing counterparty risk.

HTX also provides Proof of Reserves verification to prove asset backing. Other core security protections include:

• Two-factor authentication
• Withdrawal whitelisting
• Multisig cold storage
• And automated fraud detection and wallet monitoring.

However, HTX has also faced regulatory scrutiny, including UK enforcement actions related to advertising compliance, a reminder that users should balance technical safeguards with awareness of regional risk.

User-review data also shows some concerns around HTX’s customer support, mainly pertaining to responsiveness and account restrictions. This threatens their security reputation further, especially from a user perspective.

With a record of no breaches resulting in the loss of client funds since 2011, Kraken maintains one of the industry’s most trusted security frameworks, built on independent Proof of Reserves audits, extensive cold-storage protocols, and institutional-grade controls.

These measures continue to make Kraken a preferred choice for investors who desire trust, transparency and trading volume.

Meanwhile, HTX provides comprehensive verification vs. Kraken’s long-standing commitment to security.

Kraken 以回應迅速且專業的客戶服務見稱，提供多個客服渠道以滿足不同用戶的需要。客戶可以使用真人客服提供的 24/7 線上客服、透過電郵提交請求，或在特定情況下直接致電與客服專員交談。

Kraken 的多語言客服團隊可以使用十多種語言為用戶提供協助，讓公司更有效地服務全球客戶群。

交易所亦在客戶滿意度方面獲得高度評價，並在 Customer Centricity World Series 中獲選為「最佳 AI 客戶體驗應用獎（歐洲）」得主。Kraken 專注於清晰度、同理心及解決問題的速度，持續令其客戶體驗在競爭激烈的市場中脫穎而出。

HTX provides customer service through live-chat on its website and email support. The platform also features a comprehensive help centre including FAQs and tutorials for a diverse range of user-issues.

However, user feedback paints a mixed picture. While some users report fast responses via live chat, many others cite significant delays in email support, withdrawals, account access or case-resolution, and as a result HTX holds a Trustpilot rating of around 1.4/5.

HTX offers standard support channels common to large exchanges, but the actual customer service experience appears inconsistent, particularly when complex issues like KYC, fund recovery or large withdrawals are involved.

HTX lists over 700 cryptocurrencies, catering to traders seeking exposure to new or niche projects. Kraken, however, takes a more measured approach, offering more than 500 carefully vetted digital assets alongside 11,000+ traditional instruments through Kraken Securities.

This blend of depth and due diligence gives Kraken an advantage for investors prioritizing asset integrity, liquidity, and regulatory compliance over sheer volume of listings — key differentiators in today’s evolving crypto market.

Kraken and HTX serve distinct segments of the crypto market. HTX appeals to traders seeking expansive token access, low fees, and a wide range of advanced products, from futures and copy trading to NFT markets and token launches.

Kraken, by contrast, focuses on regulatory clarity, robust security, and transparent operations, delivering a trusted and extensive trading environment for both retail and institutional users.

For traders weighing scale against scrutiny, HTX offers variety and flexibility, while Kraken provides reliability, compliance, and a proven record of safety.