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Accounting · head to head

Invoicera vs Kraken

Invoicera logo

Invoicera

Accounting

Online invoicing and billing platform for multi-entity businesses

From
$50/month
Rated
-
Full reviewWebsite
Kraken logo

Kraken

Personal Finance

Secure cryptocurrency exchange for serious traders

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Kraken has a free tier, so it costs nothing to try first.
  • Each has a real cost: Invoicera pricing quoted annually by default, with monthly billing costing roughly 20% more.; Kraken restricted in 16 jurisdictions due to compliance requirements
  • They diverge on capability: Invoicera covers Multi-entity billing, Kraken covers Spot Trading.

Where they differ

Only the attributes on which Invoicera and Kraken actually diverge.

Attributes where Invoicera and Kraken differ
AttributeInvoiceraKraken
Starting price$50/monthFree
Pricing modelsubscriptionfreemium
Free tierNoYes
PlatformswebWeb, Ios, Android
CategoryAccountingPersonal Finance
FoundedUnknown2011

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Invoicera

  • Multi-entity billing
  • Recurring invoices
  • Approval workflows
  • Client portal
  • Project and time/milestone billing
  • Reconciliation workflows

Only in Kraken

  • Spot Trading
  • Futures Trading
  • Margin Trading
  • Staking
  • OTC Desk
  • Bank transfers
  • SWIFT
  • Plaid

What people use each for

The jobs each tool is most often brought in to do.

Invoicera

  • Businesses managing invoicing across multiple legal entitiesnot Kraken
  • Organizations requiring multi-step invoice approvalnot Kraken
  • Agencies billing clients by project milestones or timenot Kraken
  • Companies needing a self-service client billing portalnot Kraken

Kraken

  • Exchangesnot Invoicera
  • Tradingnot Invoicera
  • Stakingnot Invoicera

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Invoicera

  • Pricing quoted annually by default, with monthly billing costing roughly 20% more.
  • Add-ons for extra users, entities, and support increase the effective cost beyond base plans.
  • Advanced reconciliation workflows are locked behind the top Scale tier.
  • Interface and workflow complexity may be more than very small freelance businesses need.

Kraken

  • Restricted in 16 jurisdictions due to compliance requirements
  • Withdrawal processing delays due to KYC verification, blockchain confirmations, and compliance checks
  • Account restrictions triggered by scam prevention can only be lifted after 90 days
  • Margin trading limited to 5x leverage on most assets; 10x available only to eligible users

Pricing, plan by plan

Invoicera

$50/month
  • Operate$50/month
    • 1 entity
    • 3,000 invoices/year
    • 5 users
  • Grow$125/month
    • 3 entities
    • 12,000 invoices/year
    • 10 users
  • Scale$250/month
    • 10 entities
    • 48,000 invoices/year
    • 20 users
  • Enterprise$undefined/mo
    • Custom entities and limits
    • Implementation and dedicated account management
    • Custom integrations

Kraken

Free
  • StarterFree
    • Basic trading
    • Staking
    • Instant buy
  • ProFree
    • Advanced trading
    • Margin trading
    • Futures

Which should you pick?

Choose Invoicera if

  • You need multi-entity billing.
  • You work on web.
  • You also want recurring invoices.
Invoicera review

Choose Kraken if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want futures trading.
Kraken review

Questions people ask

Is Invoicera or Kraken better?
Neither clearly leads. Invoicera starts at $50/month and Kraken at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Invoicera or Kraken?
Kraken has a free tier; the other does not. Paid plans start at $50/month for Invoicera and Free for Kraken.
Does Invoicera or Kraken run on more platforms?
Invoicera runs on web. Kraken runs on Web, Ios, Android.
Can I use Kraken for free?
Yes. Kraken has a free tier, so you can try it without paying. Invoicera starts at $50/month.
What is Invoicera best used for?
Invoicera is most often used for businesses managing invoicing across multiple legal entities, organizations requiring multi-step invoice approval, agencies billing clients by project milestones or time, companies needing a self-service client billing portal. Of those, businesses managing invoicing across multiple legal entities and organizations requiring multi-step invoice approval are not what Kraken is typically brought in for.
What can Invoicera do that Kraken cannot?
Invoicera covers Multi-entity billing, Recurring invoices, Approval workflows, Client portal. Kraken covers Spot Trading, Futures Trading, Margin Trading, Staking.

Answered from the vendors’ own pages

Invoicera: What does Invoicera cost?

Invoicera has four tiers: Operate at $600/year, Grow at $1,500/year, Scale at $3,000/year, and a custom-priced Enterprise plan, with monthly billing costing about 20% more.

Source
Kraken: How much does Kraken charge in fees?

Kraken Pro spot trading fees start at 0.25 percent maker and 0.40 percent taker for entry-level volume, decreasing to 0.00 percent maker and 0.08-0.10 percent taker at USD 10M+ monthly volume. The Kraken standard platform charges 1 percent on instant trades and 1.5 percent on custom orders. Kraken+ membership costs 4.99 USD/month or 49.99 USD/year for up to USD 10k/month in fee-free volume.

Source
Invoicera: Is there a free trial?

Yes, Invoicera offers a 14-day free trial of its Grow plan with no credit card required.

Source
Kraken: In how many countries can I use Kraken?

Kraken supports 190+ countries and 9 major fiat currencies (USD, EUR, GBP). However, services are restricted in 16 jurisdictions including Russia, Iran, North Korea, Syria, and Afghanistan due to regulatory compliance requirements.

Source
Invoicera: Can I add more users or entities to my plan?

Yes, add-ons are available including 5-packs of additional users, extra entities, priority support, and an integration operations pack.

Source
Kraken: Is Kraken custody secure?

Kraken holds ISO/IEC 27001:2022 certification and passed SOC 2 Type 1 examination. The exchange uses cold storage with crypto infrastructure in secure cages under 24/7 armed surveillance. Kraken Custody uses multiparty computation (MPC) and hardware security module (HSM) technology. As a Wyoming SPDI-chartered institution, Kraken Financial operates on full-reserve basis, holding 100 percent of client deposits in unencumbered liquid assets.

Source
Kraken: What cryptocurrencies can I trade?

Kraken supports 500+ cryptocurrencies across 600+ crypto trading pairs. The platform also offers tokenized equities (xStocks) for direct trading of stock exposure, and supports staking rewards on eligible digital assets.

Source
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