Comparison of Wirex vs Kuna [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Wirex vs Kuna comparison!

Your expert: Alejandro Borja

Wirex

Wirex

  • Threenvest valuation: 3,8/5
  • US legal: Yes
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

kuna

Kuna

  • Threenvest valuation: 3,7/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

1%

Earns

No

Customer service

3/5
0,25%

Fees

Yes

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

No

Buy and hold

Yes
No

Beginners

No

Trading

Yes

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.8 – Reasonable fees with additional benefits for cardholders.
3.9 – Reasonable fees with strong local support in Eastern Europe.

Level

1%
0,25%

Brief explanation

Wirex’s fee structure is designed to encourage both the use of its native token and engagement with its broad range of services. The platform charges a clear, competitive trading fee of 1% for buying or selling cryptocurrencies, which is straightforward and easy to understand for all users. For crypto-to-fiat transactions, Wirex imposes a fee that includes a small percentage of the transaction amount plus a fixed nominal fee, which varies depending on the currency involved. This system allows users to manage their costs effectively by understanding the exact fees in advance, making financial planning simpler and more predictable. Wirex also incentivizes the use of its native WXT tokens by offering reduced fees, enhancing savings for regular users.
Kuna has a straightforward and competitive fee structure. The exchange charges a flat trading fee of 0.25% for both makers and takers. This is in line with the industry average and provides a transparent fee model for users. Additionally, Kuna does not charge deposit fees, which makes it easier for users to add funds to their accounts without incurring extra costs. However, there are withdrawal fees that vary depending on the cryptocurrency. For instance, the withdrawal fee for Bitcoin is 0.0005 BTC, which is below the global industry average, making it relatively cost-effective for users withdrawing Bitcoin .

Wirex

Wirex
Read Wirex review
  • Security Methods: Wirex employs robust security measures including cold storage for funds, 2FA, and the latest encryption technology to protect user data and transactions.
  • Reputation and Reviews: Wirex has established a strong reputation in the cryptocurrency space, backed by positive reviews from users appreciating its ease of use, innovative features, and reliable customer service.
  • Regulation: As a principal member of Mastercard, Wirex adheres to strict regulatory standards, ensuring a secure and compliant environment for handling your digital and traditional currencies.
  • Customer Service: Wirex supports its users with a dedicated customer service team, providing help and guidance to ensure a smooth user experience across its platform.
  • Volume Managed and Liquidity: Wirex handles a significant volume of daily transactions, offering high liquidity which ensures that users can perform transactions efficiently and at competitive rates.
  • Pros
  • User-friendly interface
  • Crypto-backed Visa card
  • Multi-currency support
  • Cons
  • High foreign exchange fees
  • Limited customer support

Read Wirex review

Kuna

kuna
Read Wirex review
  • Established Since 2016: Kuna has been in operation since 2016, which gives it a track record and stability that newer exchanges might lack. Over the years, it has built a reputation within the Ukrainian and Eastern European markets.
  • Positive User Feedback: Kuna has received positive testimonials from its user base, highlighting the efficiency of its customer support and the ease of use of its platform. This customer satisfaction is a strong indicator of the exchange's reliability​​.
  • Security Measures: Kuna employs several security protocols, including two-factor authentication and a significant portion of assets held in cold storage. This helps to protect user funds from potential breaches​​ .
  • Regulatory Compliance: While Kuna does not hold a financial license, it operates in compliance with local regulations in Ukraine. This adherence to regulatory standards enhances its credibility and trustworthiness in the market​​ .
  • User-Friendly Platform: The exchange is designed to be accessible for both beginners and experienced traders. Its interface is straightforward, and it supports various payment methods, including Visa and Mastercard for UAH transactions​​.
  • Pros
  • User-friendly interface.
  • Supports Ukrainian Hryvnia (UAH).
  • Decent security features.
  • Cons
  • Limited trading volume.
  • Lacks major fiat currency support.

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Product selection

Native token

No
No

Earns

No
Yes

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Wirex Limited
KUNA BITT LLC

Regulation

Regulated in the Reino Unido
Not regulated

Year founded

2014
2015

Founder

Pavel Matveev and Dmitry Lazarichev
Michael Chobanian

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Wirex FEATURES Kuna
Wirex allows flexible trading amounts, making it accessible for users of all investment levels, though specific minimums depend on currency pairs.
Minimum Trade
Allows trading with small amounts. User-friendly for beginners​​.
Wirex offers competitive trading fees, but its foreign exchange fees can be higher than average, which might affect those trading or using multiple currencies frequently.
Trading and Transaction Fees
Competitive fees at 0.25% for both makers and takers​​.
Wirex supports a solid range of cryptocurrencies including major ones like Bitcoin, Ethereum, and Litecoin, making it suitable for most traders’ needs.
Number of Cryptocurrencies
Supports over 20 cryptocurrencies including Bitcoin, Ethereum, and Litecoin​​.
There is a good selection of trading pairs available, providing users with various trading strategy options.
Crypto-to-Crypto Trading Pairs
Limited number of trading pairs compared to larger exchanges​​.
The Wirex website provides clear information about fees, services, and user guidelines, making it easy for users to find the information they need.
Website Transparency
Clear information on fees and trading terms, though limited educational resources​​.
Wirex offers a Visa card that integrates with cryptocurrency accounts, allowing users to spend their cryptocurrency at any Visa-compatible point of sale. The card functionality scores highly for its convenience and integration.
Credit/Debit Card
Kuna does not offer an exchange card for in-store purchases.
Wirex provides secure cryptocurrency wallets with cold storage options, ensuring safety for user funds, though it’s less customizable than dedicated crypto wallet services.
Storage Offering
70% of assets are stored in cold storage, enhancing security​​.
Offers rewards such as Cryptoback™ rewards on card purchases, but the staking options are somewhat limited compared to dedicated staking platforms.
Staking and Rewards
Does not offer staking programs or other passive income options​​.
The Wirex app and desktop platform are user-friendly and provide a seamless experience for managing cryptocurrencies and fiat currencies.
Mobile App and Desktop
Offers a functional and user-friendly mobile app for trading on the go​​.
Customer service is a known issue with reports of slow response times and unresolved issues, impacting the overall user experience.
Customer Service
Multiple support channels available, but limited educational resources​​.
Deposits and withdrawals are generally smooth with support for multiple fiat currencies, but sometimes can experience delays which should be noted.
Deposit and Withdraw
Supports deposits and withdrawals in Ukrainian Hryvnia (UAH) and limited other methods​​.

Key features

Analysis tools

Basic price tracking
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
High 4,6/5

Additional features

Crypto debit card, staking, Wirex rewards, fiat on/off ramps
OTC trading, staking, fiat on/off ramps, Kuna Code

Anonymity

No
Yes

Key points

Available cryptocurrencies

10+
50+

User-friendliness

Wirex features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a seamless trading experience.
Kuna provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Delivers reasonable value for money with competitive fees and a user-friendly platform, though it may lack some advanced features.
Delivers reasonable value for money with competitive fees and a focus on Eastern European markets, making it a good choice for regional users.

Countries of operation

Global, including United States, Canada, United Kingdom, Australia, Germany
Ukraine, Russia, Belarus, Kazakhstan

Best for

Best for global traders looking for a reliable platform with competitive fees and a wide range of supported cryptocurrencies.
Best for Eastern European investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

USD, EUR, GBP, BTC
UAH, BTC

Account

Trading

Wirex provides a secure platform with easy fiat integration and a good range of cryptocurrencies. It offers additional services like a debit card but has higher fees compared to some exchanges.
Kuna is a popular exchange in Eastern Europe, offering a good selection of cryptocurrencies and easy fiat integration. It has competitive fees but lacks some advanced trading tools.

Deposit and withdrawal

Wirex supports multiple deposit options, including bank transfers, credit/debit cards, and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.
Kuna provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Wirex provides an easy and fast account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and usually completed within a day.
Kuna offers a straightforward and user-friendly account registration process. Users need to submit personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

Wirex provides comprehensive customer support through email, live chat, and a help center. Support is available 24/7, and the response times are quick, ensuring users get timely assistance.
Kuna offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Wirex ensures security through 2FA, encryption, and cold storage. It is regulated by several financial authorities, making it a highly secure platform for investors.
Kuna employs strong security features, including 2FA and cold storage. Despite its robust security measures, the platform is not regulated by top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As a Wirex exchange expert, I’d like to share a little advice on why you might consider using Wirex for your crypto transactions. Wirex offers a uniquely integrated platform where you can manage both fiat and cryptocurrencies seamlessly. The ability to use a Visa card linked directly to your Wirex account allows you to spend your crypto holdings just as easily as fiat, virtually anywhere Visa is accepted. This feature alone makes Wirex an excellent choice for those who want to make cryptocurrencies a regular part of their financial toolkit. Plus, their user-friendly interface makes navigating through crypto transactions straightforward, even for beginners.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert in cryptocurrency exchanges, I find Kuna to be a solid option, especially for users based in Ukraine. The platform is user-friendly and offers competitive fees, making it accessible for both beginners and experienced traders. However, the limited support for major fiat currencies and low trading volume might be a drawback for international users. Overall, if you are looking for a reliable exchange that supports Ukrainian Hryvnia and offers a secure trading environment, Kuna is worth considering.

View all comparisons against Wirex

View all comparisons against Kuna

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Wirex and Kuna