Before we dive into the detailed analysis, here's a comparison of Bit2Me and Kraken that shows the most important information about both platforms at a glance.
Bit2Me
Kraken
Overview of Bit2Me
Bit2Me was founded in Spain in 2014 with the goal of facilitating access to Bitcoin and other digital assets, and by 2026, it offers a comprehensive suite of products: Wallet for everyday use, Pro for trading via an order book, Earn for generating returns, Card for payments, and Tax for organizing tax information. The company reports more than 1.3 million customers and a trading volume of 5,346 million euros in 2025.
Pros
MiCA Authorization Granted by the CNMV
More than 300 cryptocurrencies and a very comprehensive ecosystem
Local support and a platform entirely in Spanish
Integrated Earn, Card, Tax, and recurring purchases
Cons
Pro's initial commissions exceed those of several European competitors
Different Pricing Structures for Wallet and Pro
A monthly fee of €10 for accounts deemed inactive
Locked Earn may result in a penalty for early withdrawal
In July 2025, Bit2Me obtained MiCA authorization from the CNMV, becoming the first Spanish platform specializing in cryptoassets to receive this authorization. In addition, its European passport allows it to provide the services covered by its license throughout the EEA, while its team of more than 150 professionals continues to expand its product suite with offerings such as Bit2Me Invest.
That focus on local support and a comprehensive ecosystem is more important to a resident of Spain who values a Spanish-language interface and deposits in euros, while a trader looking for minimal fees and a global selection of assets is better suited to Kraken. Compared to purely international exchanges, Bit2Me has the edge in terms of local access and integrated services, although its starting fee for the Pro plan is higher.
Who is Bit2Me for? For retail investors who want to buy, hold, and use cryptocurrencies on a Spanish platform, with customer support in Spanish and access to complementary services—all without having to spread their funds across multiple apps.
Overview of Kraken
Kraken was founded in 2011, when Bitcoin was just beginning to gain traction, and has built its reputation on three pillars: security, transparency, and professional trading tools. It serves more than 15 million customers in over 190 countries and allows users to trade more than 500 cryptocurrencies.
Pros
More than a decade without any known breaches in its custodial wallets
MiCA License Fully Operational in All 30 EEA Countries
More than 500 cryptocurrencies and 1,400 spot trading pairs
Periodic and verifiable proof of reserves, published since 2014
Cons
High initial fees: 0.25 % maker / 0.40 % taker on Kraken Pro
Instant purchase with a commission of 1 % plus the spread
Steep learning curve in Kraken Pro for inexperienced users
No specific guarantee fund for cryptoassets, unlike other exchanges that do offer one
Its ecosystem includes direct purchase, spot trading, margin trading, futures, staking, and institutional services, with regulatory presence in various jurisdictions: In the United States, it operates under state registrations and licenses, and in Europe, it has held a MiCA authorization from the Central Bank of Ireland since 2025, valid in all 30 EEA countries.
The difference in fees compared to Bit2Me, however, favors Kraken at the entry-level: for a user who trades several thousand euros a month, this can amount to a real difference of thousands of currency units a year. Even so, that cost advantage does not include support in Spanish or the suite of local services offered by Bit2Me.
Who is Kraken for? For users looking for a well-established exchange with a regulatory presence in multiple jurisdictions and tools capable of supporting them from their first purchase through to advanced trading.
Fees and Deposits: Bit2Me vs. Kraken
In a direct comparison of spot fees, Kraken has a clear advantage over Bit2Me: 0.25 % for makers and 0.40 % for takers, compared to 0.50 % for makers and 0.60 % for takers at the first level of Bit2Me Pro. As a result, Space Center can reduce Bit2Me’s fees by up to 50 % depending on the user’s volume and tier, but this benefit only applies if the conditions are actually met. Go to the fee calculator
| Platform | Maker | Taker |
|---|---|---|
Bitget
|
0,10% | 0,10% |
Binance
|
0,10% | 0,10% |
Bitvavo
|
0,15% | 0,25% |
|
Kraken
|
0,25% | 0,40% |
Coinbase
|
0,40% | 0,60% |
|
Bit2Me
|
0,50% | 0,60% |
Did you know? Buying €1,000 worth of Bitcoin using a taker order at the first level of Bit2Me Pro incurs a fee of €6, compared to the €4 it costs to make the same purchase on Kraken with its taker fee of 0.40 %. With Space Center’s maximum 50 % discount, Bit2Me can lower the fee to as little as 3 €.
Outside of the order book, both platforms generally offer free SEPA deposits and withdrawals. However, Bit2Me charges a €10 monthly fee for accounts deemed inactive after 12 months without transactions or 3 months without logging in, something Kraken does not do. In terms of minimum deposit, Bit2Me is more accessible at just €1, compared to the €10 required by Kraken.
| Concept | Bit2Me | Kraken |
|---|---|---|
| Spot Commission | 0.50 % / 0.60 % (Pro, beginner level) | 0,25 % / 0,40 % |
| Volume Discount | Up to 50 % with Space Center | By volume and account balance |
| Minimum deposit | 1 € | 10 € |
| Deposit in euros/fiat currency | 0 € via SEPA | Usually €0 via SEPA |
| Withdrawal of euros/fiat currency | 0 € via SEPA; minimum 10 € | Varies by bank |
| Crypto Withdrawal | Varies by asset and network | Varies by asset and network |
| Custody / Inactivity | €10 per month on inactive accounts | 0 € |
Who regulates Bit2Me and Kraken?
Bit2Me combines cold storage, Ledger Enterprise infrastructure, ISO 27001, 22301, and 27701 certifications, and a policy of up to $150 million for certain risks covered by Bit2Me Custody. Kraken, for its part, has gone more than a decade without any known breaches in its custody operations, along with proprietary tools such as Global Settings Lock.
Important Note: A test of reserves is not the same as a full financial audit; it confirms assets as of a specific date, but does not reflect all of the company's liabilities.
In terms of regulation, BITCOINFORME, S.L., a company within the Bit2Me group, was authorized by the CNMV as a crypto-asset service provider under MiCA in July 2025, with a European passport valid in the 27 EU member states plus Iceland, Liechtenstein, and Norway. Kraken, on the other hand, operates under a MiCA license from the Central Bank of Ireland, which is also valid in the 30 EEA countries, with broader global coverage outside Europe.
| Concept | Bit2Me | Kraken |
|---|---|---|
| Regulated by | CNMV (MiCA), Bank of Spain | Central Bank of Ireland (MiCA), CySEC (MiFID), U.S. state licenses. |
| MiCA Coverage (EU/EEA) | Yes, starting in July 2025, in the 30 EEA countries | Yes, in the 30 EEA countries |
| Reservation Test | There is no public Merkle tree; segregation and regulatory controls | Since 2014 (Merkle) |
| In-house guarantee fund | Policy coverage of up to $150 million (Bit2Me Custody) | Not available |
| Certifications | ISO 27001, ISO 22301, ISO 27701 | Unspecified |
| Account Tools | 2FA, additional verification steps, access monitoring | 2FA, passkeys, Global Settings Lock |
| Institutional custody | Yes, through Ledger Enterprise | Yes, through regulated entities |
Where are Bit2Me and Kraken available?
Bit2Me is headquartered in Elche and is specifically tailored to the Spanish market; its MiCA authorization allows it to offer services in the 27 EU member states, as well as Iceland, Liechtenstein, and Norway. The company also reports operations in more than 100 countries, with localized methods in some Latin American markets such as Argentina and Brazil, although the actual availability of each product varies by country of residence.
Kraken, for its part, serves more than 15 million customers in over 190 countries, with much broader coverage outside of Europe. In the United States, it operates under state registrations and licenses, and also adheres to specific restrictions in countries subject to international sanctions.
What do Bit2Me and Kraken offer on their platforms?
Bit2Me offers an app for iOS and Android and a web platform, combining Wallet for simple transactions with Bit2Me Pro for charts, order books, bots, and advanced tools. It also includes Earn, Card, Tax, Launchpad, and recurring purchases, with over 300 cryptocurrencies and educational content from the Academy.
Kraken, for its part, offers its products through several applications: the main app for buying and selling, Kraken Pro for spot, margin, and futures trading, Kraken Desktop for advanced analysis, and Krak for payments and a credit card. It provides access to more than 500 cryptocurrencies and 1,400 spot pairs, as well as staking on more than 20 assets and xStocks, which are tokenized representations of U.S. stocks.
| Concept | Bit2Me | Kraken |
|---|---|---|
| Available Apps | Web, iOS, and Android | Main App, Pro, Desktop, and Krak |
| Cryptocurrencies | +257 | +500 (1,400 spot pairs) |
| Main Products | Wallet, Pro, Earn, Card, Tax, Launchpad | Spot, margin, futures, staking, xStocks, Krak (payments and card) |
| Directions for Use | Standard and Pro Wallets on the Same Account | Apps Categorized by User Level |
| Order Types | Market, Limit, Stop, and Conditional Orders in Pro 2.0 | Market, Limit, Stop-Loss, Stop-Limit, Take-Profit, OCO |
| Charts and Tools | Charts, Order Book, and Bots in Pro | Advanced Graphics in Pro/Desktop, API |
| Restrictions in the EU | Fully operational under a MiCA license | Fully operational under a MiCA license |
Final Verdict: Bit2Me or Kraken?
Bit2Me and Kraken enter this comparison from very different perspectives: Bit2Me offers local support in Spanish, a comprehensive suite with integrated Card and Tax features, and MiCA authorization granted by the CNMV, while Kraken competes with lower fees, a wider selection, and more than a decade of international experience. Therefore, the choice depends primarily on whether the user prioritizes local access and services or cost and product depth.
For a resident of Spain who values euro deposits, customer service in Spanish, and integrated tax tools, Bit2Me remains the most convenient option. On the other hand, for those seeking lower fees, a broader selection, and professional tools like Kraken Pro, Kraken is a more competitive option, although it lacks the local support offered by Bit2Me.
Choose Bit2Me if…
- ✓ You live in Spain and value support and an app in Spanish
- ✓ Do you want a card, tax tools, and recurring purchases all in one place?
- ✓ Are you looking for an institution authorized directly by the CNMV?
- ✓ Would you prefer to start with a minimum deposit of just 1 €?
Choose Kraken if…
- ✓ Do you want to pay less per transaction with lower fees?
- ✓ Are you looking for a larger selection, with more than 500 cryptocurrencies?
- ✓ More than a decade without security breaches
- ✓ Do you want professional tools like Kraken Pro?
This verdict summarizes the findings regarding fees, regulation, security, and availability. Neither exchange is superior in every respect: the right choice depends on the user’s profile and, above all, on the user’s jurisdiction.
This comparison of Bit2Me and Kraken is based on a hands-on analysis of both platforms. We have evaluated their fees, security, variety of cryptocurrencies, available features, and ease of use to provide an objective comparison. The assessment reflects the actual differences between the two exchanges, beyond just first impressions.
(FAQ) Frequently Asked Questions: Bit2Me vs. Kraken Comparison
