Compare · head to head
Kraken Earn vs Nexo
Asset-by-asset comparison of rates and risk profiles
Short answer
Kraken Earn is the safer of the two: it passes 4 of our five public safety checks, while Nexo passes 3.
On rates, the highest advertised APY is 13.7 % at Kraken Earn and 8.0 % at Nexo. Base rates only, no promo tiers.
Kraken Earn
Safety grade B
5 checks ✓ ✓ ✓ ✗ ✓
USDT 5.5 %
BTC 0.1 %
ETH 2.36 %
Top product SCRT · 13.7 %
Products tracked 30
Coins tracked 30
Jurisdiction USA (FinCEN MSB), UK (FCA), EU (MiFID)
Founded 2011
Min deposit $1
Open Kraken Earn → Nexo
Safety grade C
5 checks ✗ ✓ ✓ ✓ ✗
USDT —
BTC 1.35 %
ETH 2.25 %
Top product DOT · 8.0 %
Products tracked 25
Coins tracked 25
Jurisdiction EU (Lithuania), Switzerland
Founded 2018
Min deposit $1
Open Nexo → Coin by coin
Shared coins, side by side
| Asset | Kraken Earn | Nexo | Winner |
|---|---|---|---|
| ATOM | 10.4 % | 6.0 % | ★ Kraken Earn |
| KSM | 8.09 % | 7.0 % | ★ Kraken Earn |
| DOT | 1.54 % | 8.0 % | ★ Nexo |
| GRT | 4.8 % | 1.0 % | ★ Kraken Earn |
| TRX | 1.79 % | 4.0 % | ★ Nexo |
| INJ | 3.7 % | 1.0 % | ★ Kraken Earn |
| SOL | 2.78 % | 3.5 % | ★ Nexo |
| LTC | 0.1 % | 3.5 % | ★ Nexo |
| NEAR | 2.5 % | 3.25 % | ★ Nexo |
| AVAX | 3.23 % | 3.0 % | ★ Kraken Earn |
| XRP | 0.1 % | 3.15 % | ★ Nexo |
| ADA | 2.72 % | 2.75 % | ★ Nexo |
| TIA | 2.6 % | 1.0 % | ★ Kraken Earn |
| ETH | 2.36 % | 2.25 % | ★ Kraken Earn |
| LINK | 0.1 % | 1.75 % | ★ Nexo |
| BTC | 0.1 % | 1.35 % | ★ Nexo |
| POL | 1.13 % | 0.9 % | ★ Kraken Earn |
| SCRT | 13.7 % | — | ★ Kraken Earn |
| MINA | 11.6 % | — | ★ Kraken Earn |
| DYM | 8.05 % | — | ★ Kraken Earn |
| FLOW | 8.0 % | — | ★ Kraken Earn |
| MON | 5.75 % | — | ★ Kraken Earn |
| USDT | 5.5 % | — | ★ Kraken Earn |
| AXS | — | 5.5 % | ★ Nexo |
| KAVA | 4.2 % | — | ★ Kraken Earn |
| XLM | — | 4.0 % | ★ Nexo |
| BCH | — | 4.0 % | ★ Nexo |
| XTZ | 3.98 % | — | ★ Kraken Earn |
| APE | — | 2.25 % | ★ Nexo |
| SEI | 1.97 % | — | ★ Kraken Earn |
| USDC | 1.75 % | — | ★ Kraken Earn |
| S | — | 1.75 % | ★ Nexo |
| HYPE | 1.1 % | — | ★ Kraken Earn |
| ARB | — | 0.75 % | ★ Nexo |
| PAXG | — | 0.5 % | ★ Nexo |
| BNB | 0.45 % | — | ★ Kraken Earn |
| AAVE | — | 0.25 % | ★ Nexo |
| DOGE | 0.1 % | — | ★ Kraken Earn |
Safety — check by check
| Check | B Kraken Earn | C Nexo |
|---|---|---|
| Regulation | ✓ | ✗ |
| Proof-of-Reserves | ✓ | ✓ |
| Flexible withdrawal | ✓ | ✓ |
| Insurance Fund | ✗ | ✓ |
| Track record (2+ years incident-free) | ✓ | ✗ |
| Score | 4/5 · B | 3/5 · C |
The five public criteria behind each platform's grade. Each ✓ is one point — more points, safer grade. A highlighted ✓ is where one platform wins the criterion outright.