Lykke vs Kraken

Compare Lykke and Kraken reviews, prices, features and more side-by-side

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This exchange is no longer active

Lykke was a Swiss-based cryptocurrency trading app founded in 2015 by Richard Olsen. It offers a zero-fee trading platform for cryptocurrencies and fiat currencies, with a focus on providing a comprehensive ecosystem for both retail and institutional clients. Lykke has been declared insolvent after years of financial struggles and a devastating June 2024 cyberattack that stole CHF 22.8 million — about a quarter of its total assets. Despite efforts to recover, trading ceased in December 2024, and liquidation proceedings began for its parent company and operating subsidiary. Customers face uncertainty about their crypto holdings, with many criticizing poor communication and pursuing legal action against founder Richard Olsen. Olsen has expressed hopes of compensating users through potential future profits from unrelated ventures, but no concrete plans have been disclosed, which is why we're marking Lykke 'dead' on Cryptoradar.

  • 3.90%

  • 3.90%

  • 3.90%

  • 3.90%

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Kraken, founded in 2011 and based in the U.S., is a global cryptocurrency broker. It is the world's largest bitcoin exchange in terms of euro volume and liquidity.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more.

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4.0 / 5

31 user ratings

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Ease of Use

3.4

Value for Money

4.3

Verification

3.6

Support

4.0

  • $119,393.44

  • $3,781.40

  • $3.19

  • $795.49

  • $189.11

  • $1.01

  • $0.24

  • $0.83

  • $0.32

  • $4.03

  • $0.44

  • $18.55

  • $564.22

  • $24.34

  • $114.97

  • $0.000014

  • $3.24

  • $4.15

  • $10.61

  • $326.98

  • $0.000013

  • $299.22

  • $2.91

  • $4.83

  • $4.78

  • $2.68

  • $2.35

  • $0.000064

  • $0.91

  • $0.16

  • $41.42

  • $2,282.74

  • $23.12

  • 3.75% + €0.75

  • 3.75% + €0.75

  • 3.75% + €0.75

  • US Money Service Business; AU Digital Currency Exchange License

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