Practical guides and analysis on Kraken, migrating from Binance and MiCA-licensed crypto platforms. Every article is verified and dated.
Binance suspended its services in the European Union on 1 July 2026, for lack of a MiCA licence. Your funds don't disappear, but you have to withdraw or transfer them to a MiCA-licensed platform. Kraken, regulated across the whole EU, is our #1 pick.
Kraken is one of the most solid crypto platforms for a European user in 2026: MiCA-licensed, founded in 2011, never hacked, with low fees via Kraken Pro and a free SEPA deposit. Its interface takes some getting used to, but the security-to-fees ratio is excellent.
To pay the lowest possible fees on Kraken, two habits are enough: deposit by SEPA transfer (free) rather than by card (about 3%), and place your orders through the Kraken Pro interface (0.16%-0.26%) instead of instant buy. That cuts your fees by more than 90%.
To transfer your crypto from Binance to Kraken without a mistake: copy the Kraken deposit address for the right crypto, choose the same network on both sides, add the memo/tag when required, and do a small test send first. A network mistake or a forgotten memo can lead to loss of funds.
In 2026, only MiCA-licensed platforms can operate legally in the European Union. Several players are, including Kraken, Coinbase, Bitpanda, OKX and Crypto.com. Here's what a MiCA licence means and how to choose, with our reasoned recommendation.