Head-to-head
Bybit EU vs Kraken: which is better in Europe? (2026)
Quick answer
Kraken scores higher overall (73 vs 66). Below is exactly where each one wins.
Last updated 15 August 2026 · Cross-checked against official sources
Data reviewed by Ilya ChernetskiyFounder and editor, nomoneda
This head-to-head was generated from our rankings: both services appear in the same shortlists. The facts and scores below are the same ones used everywhere else on the site.
At a glance
| Bybit EU | Kraken | |
|---|---|---|
| Score | 66 | 73 |
| No DNI | No | No |
| Holds USD | Yes | Yes |
| USD APY | — | — |
| Cashback | Yes | No |
| FX model | Mastercard reference rate plus a published 0.5% Bybit EU foreign-exchange fee and 0% FX padding; purchases funded from crypto convert at Bybit EU's One-Click Sell rate plus a published 0.9% crypto conversion fee | Mastercard scheme rate passed through with no markup on card spend; asset conversion priced as an explicit, published trading fee |
| Docs needed | No local address needed; EEA residents | No local address needed |
Bottom line
Kraken73/100
Deep crypto exchange
FAQ
- Bybit EU or Kraken — which is better?
- Kraken scores higher overall in our ranking, but the right choice depends on whether you prioritise fees, USD support or onboarding.
- Can I use both?
- Yes — many relocants keep one for receiving USD and another for daily spending.