Most secure crypto exchange in 2026: Safest crypto exchanges to know

By Kraken Learn team
13 min
Jan 21, 2026
Key takeaways 🔑
  1. Robust security is one of the most important factors when selecting a crypto exchange. Many users look for features such as two-factor authentication, cold storage of exchange-held assets and a long-standing record of keeping customer assets safe.

  2. Transparency and operational resilience are key trust indicators. Platforms that have consistently operated for years and published regular security audits demonstrate a commitment to accountability.

  3. Customer support plays a critical role in user experience, especially in fast-moving markets. Exchanges that offer responsive and knowledgeable assistance can help resolve issues quickly, minimize downtime and provide extra reassurance for traders.

  4. Exchanges that operate under clear legal frameworks and adhere to applicable licensing requirements could offer greater protections, help reduce the risk of sudden service disruptions and build long-term trust with their users.

Intro to the most secure crypto exchanges🛡️

From a security standpoint, the safest place for your crypto is in your own non-custodial crypto wallet. Because crypto exchanges are required to comply with regulators in different regions and as exchanges are often targets for sophisticated hacks, storing crypto assets on an exchange is generally not recommended. 

That said, many investors and traders still choose to hold their crypto directly on exchanges. This helps them avoid the complexities of managing private wallets while also offering slightly quicker access to their assets. Because of this, exchanges play a crucial role in keeping client funds held on their platforms safe.

Many crypto exchange platforms promote themselves as being highly secure, however it’s down to each individual person to separate facts from marketing slogans to ensure their funds are properly safeguarded. 

To cut through the noise, traders focus on concrete factors like the exchanges proven track record, their reputation among clients, independent proof-of-reserves audits and a variety of other telling factors.

Knowing which platforms prioritize robust security measures and have a proven track record can help you choose the most secure crypto exchange for your crypto journey.

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1. Kraken

Kraken was built upon a "security-first" mindset. For over a decade, we've made it our mission to not just meet the industry's highest standards but to set them.

Kraken LogoKraken

Other exchanges

Other exchanges
Security features

Cold storage, global time lock, FIDO2, 2FA and more.

Varies by platform

Proof of reserves

Yes. Pioneered Proof of Reserves audits in 2014.

Varies by platform

Third-party audits

PCI DSS, ISO 27001 & SOC 2 Type 2

Varies by platform

Headquarters

Wyoming, USA

Often off-shore entities

Available countries

190+ countries

Varies by platform's licensing

Cryptocurrencies

500+

Fewer trading pairs

Notable product offerings

Kraken, Kraken Pro, Kraken Desktop, Kraken Prime, Krak

Varies by platform

Get started

Kraken’s approach to security was shaped by one of crypto’s most significant black swan events — the 2014 Mt. Gox hack. During the breach, Kraken’s co-founder Jesse Powell flew to Japan to support the recovery efforts. 

Following the event, Jesse recognized that the crypto ecosystem needed secure, reliable exchanges that new and existing users could trust with their funds. That mission became the driving force behind Kraken's unwavering commitment to protecting client assets.

For Kraken, that starts with verifiable transparency. We were the first exchange to undergo a publicly verifiable Proof of Reserves audit, allowing users to independently verify their funds are backed by assets held in reserve. We also physically protect client assets by storing the vast majority of funds in secure cold storage facilities, guarded 24/7 by armed security and video surveillance.

These high standards extend to each user’s personal account. We provide advanced security features like: 

Account access protection

  • FIDO2-compliant two-factor authentication (2FA) with Passkeys helps prevent unauthorized login attempts.
  • No phone/SMS account recovery reduces the risk of SIM-swapping attacks.
  • Configurable account timeout adds an extra layer of protection during inactivity.

Data security & privacy

  • All sensitive data is encrypted in storage and during transfers.
  • Browsing sessions and transactions are secured by SSL encryption.
  • PGP-signed and encrypted emails support private, secure communication.

Transaction and trading security

  • Trades are final and irreversible, reducing settlement risk and chargeback fraud.
  • Email confirmations for new withdrawal addresses help prevent unauthorized transfers.
  • Customizable API key permissions limit damage from compromised API access.

Proactive monitoring and support

  • Constant, real-time monitoring tracks suspicious activity and threats.
  • 24/7 live chat and email support offer immediate assistance for urgent concerns.

This is all backed by our team of security experts, who constantly test our systems and run an open bug bounty program to stay one step ahead of potential threats.

Why people choose Kraken

Users choose Kraken not only for the world-class security but also for our commitment to the entire crypto ecosystem. 

Our Kraken Security Labs team goes beyond Kraken products to support industry-wide safety, identifying and disclosing vulnerabilities in third-party products and services. This dedication to protecting all users, whether they’re on our platform or not, is just one reason why so many people trust Kraken. 

Beyond security, Kraken offers investors a powerful suite of trading tools. We provide access to over 500 cryptocurrencies in more than 190 countries, giving traders around the globe access to a large selection of assets.

This combination of security, a wide range of products and a commitment to the entire crypto ecosystem is what makes Kraken a top choice for so many traders.

2. Coinbase

Coinbase is one of the world's most widely recognized cryptocurrency exchanges. Their approach to security is centered on its status as a regulated and publicly traded company. 

Kraken LogoKraken
Coinbase logoCoinbase

Cold storage, global settings time lock, FIDO2-compliant 2FAs, customizable API key permissions, a bug bounty program, physical security measures and more.

2FA, pending vault withdrawals, AES-256 encryption, guarded cold storage facilities

PCI DSS

ISO 27001

SOC 2 Type 2

Yes, regularly

Yes, pioneered Proof of Reserves audits in 2014

N/A: Subject to third party audits as a publicly traded company

Wyoming, USA

Remote-first; no physical headquarters

190+ countries

100+ countries

500+

~314

Kraken, Kraken Pro, Kraken Wallet, Kraken Desktop, Kraken Prime, Krak

Coinbase, Coinbase One, Base App, Coinbase Advanced Trade, Coinbase Institutional

As a public company, Coinbase operates under regulatory supervision and maintains compliance across multiple licensing jurisdictions with mandatory financial disclosures. 

Coinbase's security approach combines asset protection through cold storage and encrypted communications with account safeguards like 2FA and biometric login. Withdrawal allowlisting adds transaction control, while SOC 1 and SOC 2 Type II certifications demonstrate custody security standards. These security measures are typical of major centralized cryptocurrency exchanges.

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Why people choose Kraken over Coinbase

While both exchanges offer features to help keep your crypto safe while it is on the platform, people often choose Kraken for its complete approach to security. Kraken's security philosophy, rooted in the foundational lesson of the Mt. Gox hack, emphasizes a "productively paranoid" mindset when it comes to keeping crypto secure.

Kraken integrates security considerations into every aspect of its cryptocurrency exchange operations, treating client fund protection and personal information security as fundamental to its business model.

This is demonstrated by proactive security measures, like the work of the Kraken Security Labs team, which finds and discloses vulnerabilities in third-party products to make the entire crypto ecosystem safer.

Kraken vs. Coinbase: How these crypto exchanges compare
Compare the trading features, fees and security of two crypto industry giants.

3. Gemini

Gemini is a well-established cryptocurrency exchange emphasizing security and regulatory compliance. They operate under the requirements of global regulators, including the New York Department of Financial Services, Central Bank of Ireland, Monetary Authority of Singapore and the UK Financial Conduct Authority.

Kraken LogoKraken
Gemini logoGemini

Cold storage, global settings time lock, FIDO2-compliant 2FAs, customizable API key permissions, a bug bounty program, physical security measures and more.

2FA, supports hardware security keys, address allowlisting, off-site private keys storage

PCI DSS

ISO 27001

SOC 2 Type 2

Yes, regularly

Yes, pioneered Proof of Reserves audits in 2014.

Yes

Wyoming, USA

New York, USA

190+ countries

70+ countries

500+

70+

Kraken, Kraken Pro, Kraken Wallet, Kraken Desktop, Kraken Prime, Krak

Gemini Exchange, Gemini ActiveTrader and the Gemini Credit Card

Gemini's status as a regulated trust company in New York heavily influences its approach to security. The platform's security measures are designed to meet these financial standards, including storing the vast majority of client funds offline in cold storage.

This offline storage is geographically distributed across the globe to help prevent any single point of failure. Gemini also offers insurance coverage for assets held in its online hot wallet, which adds another layer of protection. It is important to note, however, that this does not cover any losses from unauthorized access to a user's account.

Why clients choose Kraken over Gemini

While both Gemini and Kraken are known for their commitment to security, Kraken stands out for its broader ecosystem and range of offerings. 

Kraken's global reach extends to users in more than 190 countries, while Gemini serves roughly 70. This global presence is matched by a larger selection of assets, with Kraken offering over 480 cryptocurrencies compared to Gemini's limited list of 70+.

This focus on a diverse and accessible platform is complemented by Kraken's intense security culture.

Binance

Binance is the world's largest cryptocurrency exchange by trading volume. Known for its high liquidity and extensive list of available assets, Binance is a key player in the crypto ecosystem.

Kraken LogoKraken
Binance logoBinance

Cold storage, global settings time lock, FIDO2-compliant 2FAs, customizable API key permissions, a bug bounty program, physical security measures and more.

99.99% uptime for all platforms, offline in cold wallets, 2FA or password reset

PCI DSS

ISO 27001

SOC 2 Type 2

Yes, regularly

Yes, pioneered Proof of Reserves audits in 2014.

Yes

Wyoming, USA

No physical headquarters

190+ countries

70+ countries

500+

350+

Kraken, Kraken Pro, Kraken Wallet, Kraken Desktop, Kraken Prime, Krak

Binance Exchange, Binance Earn, Binance Pay, NFT Marketplace

Binance's approach to security is anchored by its Secure Asset Fund for Users (SAFU), a billion-dollar insurance fund established to protect client funds in the event of a security breach. 

Binance maintains complete authority over the types of losses and claims that qualify for reimbursement from its SAFU fund. It also reserves the right to alter the fund's designated purpose.

Beyond this protection, Binance uses security measures to safeguard user accounts, like 2FA and offline cold wallet storage for most user assets. Only a small percentage of funds are held in online hot wallets to manage day-to-day liquidity.

Why clients choose Kraken over Binance

Binance is recognized for its extensive product ecosystem and massive liquidity, but people often choose Kraken for a security-first philosophy and commitment to transparency.

Kraken offers institutional-grade security, appealing to users who prioritize regulatory compliance and security. This is demonstrated by its pioneering Proof of Reserves practice and strong security track record since 2011.

Kraken vs. Binance: Crypto exchange comparison
Learn about features, fees and asset availability to choose the best platform for your trading needs.

Kraken also offers eligible clients a powerful and unique advantage: commission-free* trading of over 11,000 U.S. stocks and ETFs directly within the Kraken app. This integration of traditional finance with crypto provides a unified experience that Binance does not offer. For these reasons, many people choose Kraken for its secure, transparent and comprehensive platform.

Crypto.com

Crypto.com is a leading exchange known for its global branding campaigns. It focuses heavily on regulatory compliance and security certifications and aims to provide a secure and user-friendly experience.

Kraken LogoKraken
Crypto.com logoCrypto.com

Cold storage, global settings time lock, FIDO2-compliant 2FAs, customizable API key permissions, a bug bounty program, physical security measures and more.

Passkeys, HSMs, FIDO2 and MFA methods

PCI DSS

ISO 27001

SOC 2 Type 2

Yes, regularly

Yes, pioneered Proof of Reserves audits in 2014.

Yes

Wyoming, USA

Singapore

190+ countries

~90 countries

500+

400+

Kraken, Kraken Pro, Kraken Wallet, Kraken Desktop, Kraken Prime, Krak

Crypto.com, Crypto.com Pay and Crypto.com Prime

Crypto.com emphasizes a "Defense in Depth" strategy, which incorporates multiple layers of protection. The platform maintains a high percentage of its customers' crypto assets in cold storage, which are offline and not connected to the internet. This practice is designed to protect funds from online threats.

Additionally, U.S. customer fiat currency deposits are held in regulated custodian bank accounts. What this means for users is that their fiat currency (USD) is protected up to $250,000 if the partner bank fails. It's crucial to understand that this protection does not extend to the failure of Crypto.com itself, nor does it cover losses from theft or fraud.

The company also employs a “Zero Trust” framework to control access to its systems and funds, ensuring that all access is strictly monitored and limited.

While the company continues to operate in most global markets, availability and functionality can vary depending on a user’s location. For example, U.S.-based users are directed to Binance.US, which offers fewer coins and features than the global platform.

Why clients choose Kraken over Cyrpto.com

When considering a platform, users often prioritize security and trust, and Kraken's reputation in this area is a significant factor. Kraken has a long history in the crypto space and has built a foundation of security practices that resonate with many users.

OKX

OKX is a global cryptocurrency exchange and Web3 technology company that provides a range of services for digital assets. The platform offerings include various trading options and a self-custody wallet.

Kraken LogoKraken
OKX logoOKX

Cold storage, global settings time lock, FIDO2-compliant 2FAs, customizable API key permissions, a bug bounty program, physical security measures and more.

Anti-phishing codes, 2FA, withdrawal address allowlist, Eagle Eye to verify IDs, real-time alerts and Optical Character Recognition (OCR)

PCI DSS

ISO 27001

SOC 2 Type 2

 

Yes, regularly

Yes, pioneered Proof of Reserves audits in 2014.

Yes

Wyoming, USA

Seychelles

190+ countries

100+ countries

500+

~297

Kraken, Kraken Pro, Kraken Wallet, Kraken Desktop, Kraken Prime, Krak

OKX Crypto Exchange, OKX Web3 Wallet, OKX Institutional

The OKX platform provides a variety of security features to help users protect their accounts. These include 2FA with options like Google Authenticator and Passkeys, as well as an anti-phishing code that users can set to verify the authenticity of emails from OKX. 

For further transparency and to build user trust, OKX publishes a monthly Proof of Reserves report. This report uses Merkle Tree and zk-STARK (Zero-Knowledge Scalable Transparent Argument of Knowledge) technologies. This helps users independently verify that the exchange maintains user assets, without compromising individual privacy.

Why people choose Kraken over OKX

Kraken has a longer history in the cryptocurrency industry, having been founded in 2011 compared to OKX’s founding in 2017. In that time, Kraken has built a clear reputation for its "battle-tested" security. 

Beyond its long history, Kraken earns consistent recognition for its comprehensive suite of tools and deep liquidity. 

Add that to industry accolades — Kraken was named Best Crypto Trading Platform, Highly Commended Beginner Platform and Best Advanced Platform in the 2025 by Finder Crypto Trading Platform Awards — and it further underscores Kraken’s balance of usability, innovation and performance.

Why clients choose Kraken over Bitget

Clients often choose Kraken over Bitget because of Kraken's established reputation for security, regulatory credibility, and a trust in the cryptocurrency market. 

Kraken, particularly via Kraken Pro, provides professional-grade trading features—including reliable spot, margin, futures, and OTC trading services—with deep liquidity and transparent pricing. 

While Bitget focuses heavily on derivatives and social trading, traders looking for a secure, regulated, and stable long-term platform may find Kraken to be the better fit.

Trade crypto confidently with Kraken 🌟

Choosing a secure crypto exchange is essential for protecting your digital assets while trading in a fast-moving market. Kraken combines industry-leading security practices, transparent Proof of Reserves and a track record of reliability to help traders operate with confidence. Start trading with one of the most trusted crypto exchanges in the industry.

FAQ: Most secure crypto exchange 🤔

How can I tell if an exchange is trustworthy?

A trustworthy exchange will have a transparent security track record, regulatory compliance in its operating regions and clear information on its security measures. 

Independent security rankings, such as those from reputable third parties, and verifiable Proof of Reserves audits can also signal that an exchange takes user protection seriously.

Is any crypto exchange 100% secure?

No crypto exchange is entirely immune to risk. All online platforms are vulnerable to some degree. However, leading exchanges implement multiple layers of defense, like continuous monitoring, that can significantly lower the chances of a successful attack.

Most secure way to store crypto?

For maximum security, most experts recommend storing digital assets in offline, or “cold,” wallets such as hardware wallets. These devices keep private keys disconnected from the internet, making them less vulnerable to hacks compared with storing all assets on an exchange.

Custodial vs. non-custodial wallets
Who holds your crypto? See which wallet type suits your security needs.

What can I do to improve my security on an exchange?

Crypto security starts with you. Even on the safest crypto exchange, with top-notch security features, you can still strengthen your account’s protection. This could include simple steps like enabling two-factor authentication (2FA) and using a strong, unique password that you aren't reusing across sites. 

Security smart investors also regularly review account activity for suspicious behavior and withdraw excess funds to secure offline storage when they’re not actively trading.

Poor security habits could be your greatest crypto security threat
Nearly half (48%) of crypto holders fear personal security mistakes more than theft or fraud.

Should I store all my crypto on an exchange?

It’s generally not advised to keep all your assets on an exchange for extended periods. Many traders hold only the amount they need for active trades on the platform while storing the remainder in secure offline wallets for added protection.

*Other fees may apply.

Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive Inc.,  (NMLS ID:1843762) a FINCEN registered money services business, not a member of FINRA/SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures.