Paysmaker vs Kraken
Updated 22 September 2026 · compiled by the editorial team from the services' own pages
Both services move coins from wallet to wallet. The difference is in what each asks from you before it does — that is what the table below compares, criterion by criterion.
| Criterion | Paysmaker | Kraken |
|---|---|---|
| No account needed | yes | no |
| Fixed rate available | yes | no |
| Networks covered | wide | medium |
| Support reachable | 24/7 chat | 24/7 chat |
| Rules stated up front | yes | yes |
| Coins supported | 300+ | 200+ |
| Years in operation | since 2021 (5 yrs) | since 2011 (15 yrs) |
Score: 95 against 40 of 100 by the published method.
The numbers each one publishes
| Service | Coins | Minimum | Fee | Swap time | Verification |
|---|---|---|---|---|---|
| Paysmaker | 300+ | not published | not published | not published | not published |
| Kraken | 200+ | not published | not published | not published | not published |
Each figure is what the service states on its own pages; the page and the date are on that service's review. «Not published» means exactly that — we do not fill such a cell with a guess.
Which one fits which case
Kraken is a venue with an order book: deposit, trade, withdraw — three operations, an account and verification before the first one. Paysmaker is a single screen with one address to send to. On a regular trading routine the venue wins; on a one-off swap it is three steps too many.
Rare pairs: Paysmaker lists 300+ coins, Kraken 200+. On majors that changes nothing; on a coin outside the top hundred it decides whether the swap exists at all.
Time on the market: Paysmaker since 2021, Kraken since 2011 — Kraken has been through more of the cycle. It is the lightest criterion here and the hardest to fake.
Do the two quote the same amount?
No. Each takes liquidity from its own set of venues and keeps its own spread, so the payout differs — on liquid pairs slightly, on rare coins visibly.
What if the market moves while the transfer confirms?
On Kraken the payout follows it: the rate is floating only. Paysmaker can lock the quote before you send, and on a congested network that is the whole difference.