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1inch Wallet vs Kraken Wallet

How 1inch Wallet vs Kraken Wallet compare on our ratings, wallet specs, funding, pros and cons.

1inch Wallet4.3/5
VS
Kraken Wallet4.1/5
Feature
1inch WalletVisit
Kraken WalletVisit
Ratings
Our score4.3/54.1/5
User ratingNo reviews yetNo reviews yet
Security4.04.5
Ease of use4.54.5
Chain support4.54.0
Features4.53.5
Privacy4.04.0
Specs
KYC required No No
Wallet typeMobileMobile, Web
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherBitcoin, Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, Other
PlatformsiOS, AndroidiOS, Android
Open sourceNot disclosed Yes
Hardware wallet support YesNot disclosed
In-app swaps Yes Yes
Staking YesNot disclosed
NFT supportNot disclosed Yes
Buy crypto in appNot disclosed Yes
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationPasskey support, Seed phrase backup, Watch-only wallets, Address book
Recovery without a seed phrase No Yes
Passkey loginNot disclosed Yes
Built-in dApp browser YesNot disclosed
Swap feeNot disclosed0%
Perpetuals tradingNot disclosed No
Company
Founded20192024
Headquarters—United States
InvestorsNot disclosedSBI Group, Bitcoin Opportunity Fund, Hummingbird Ventures
Strengths and weaknesses
Pros
  • Native swaps across 18+ blockchains without routing through third-party bridges
  • Self-custodial architecture requiring no identity verification or KYC
  • Zero gas fees available on supported swap modes
  • Hardware wallet pairing supported through Ledger devices
  • No platform surcharge added to in-app token swaps
  • Supports Bitcoin, Solana, and major EVM Layer 2 chains
  • Passkey onboarding allows wallet setup without a seed phrase
  • Gas fees are sponsored on selected embedded EVM transactions
Cons
  • No native desktop application available
  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers
  • Unbacked private keys cannot be recovered if device access is lost
  • Gas fee sponsorship is not guaranteed across all transactions
  • Users face smart contract risks when interacting with third-party DEX routers
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionKraken exchange users moving to self-custody, Mobile multichain DeFi participants, Traders seeking markup-free token swaps

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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