Naga vs Kuna: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Naga and Kuna This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on August 29, 2025

Naga

Kuna

⚠️ We look for what’s best for you.

₿ Getting into crypto? With eToro you can start in minutes: buy/sell top coins, set recurring buys, track markets, and use Social/CopyTrader features.

👉 Start here and explore the crypto offer.

Available Countries

United States

Europe

Yes

Latin America

Yes

India

China

Canada

United Kingdom

United States

Yes

Europe

Latin America

India

China

Yes

Canada

Yes

United Kingdom

Thinking about starting with crypto? This is for you.

In select regions, eToro offers a $10 welcome bonus when you open an account today.*

🎯 An account built to help you start with crypto—without the hassle.

➕ Buy and sell top cryptocurrencies in minutes

➕ Recurring buys, price alerts, and advanced charts

➕ Social/CopyTrader™ to follow experienced investors

➕ One of the largest and most trusted platforms worldwide

Limited-time promotion — still available.

*Offer subject to terms, eligibility and regional availability. Don’t invest unless you’re prepared to lose all the money you invest.

Naga is ideal if:

Perfect for social trading enthusiasts — NAGA shines if you enjoy copying others and being part of a trading community with its intuitive social-feed and copy-trade tools.
Well-suited to multi-asset dabblers — Whether you trade crypto, stocks, forex, commodities, or ETFs, NAGA’s unified platform and educational resources offer solid versatility.
Great for investors valuing usability and mobility — Offers a seamless experience across web, desktop, and mobile with guided learning (academy, webinars) and easy-to-use interfaces for traders at any level.

Kuna is ideal if:

Effortless Quick Buys – If you prefer rapid purchases without account creation, Kuna’s “5-click” system lets you buy Bitcoin, Ethereum, or Tether in around 30 seconds directly to your wallet.
Straightforward and Friendly UI – Kuna offers a clean, intuitive interface (web and mobile) that’s especially suitable for newcomers and those who value simplicity and smooth navigation.
Regional Fiat Flexibility – If you're in supported areas, Kuna enables seamless fiat-to-crypto trades using local methods in UAH, USD, or RUB, plus tools like cash codes—making funding your trades frictionless.

Naga isn’t ideal if:

Not for pro-level technical traders — The platform’s built-in charting and analysis remain fairly basic compared to industry-standard tools favored by advanced traders.
Less suited for regions with limited access — If you reside in places restricted from using the platform, your options may be limited or unavailable.
Not ideal if you need deep education or research content — Its learning materials and research tools are relatively lightweight, compared to platforms with rich educational ecosystems.

Kuna isn’t ideal if:

Limited Asset Variety – If you're looking to trade a wide range of cryptocurrencies or exotic altcoins, Kuna offers only a modest selection that may feel restrictive.
Basic Trading Tools Only – For those seeking advanced charting, technical indicators, or professional-grade trading features, Kuna’s platform remains quite simplistic.
No PayPal or Wallet Options – If you prefer funding your account with PayPal, Skrill, or Neteller, or need live chat or phone support, you’ll find those options aren’t available here.

Fees & Total Costs

Spot Maker/Take

NAGA doesn’t advertise a traditional maker/taker structure; instead, spot trading relies on competitive spreads, and any fee variations by volume or incentives tied to its native token are not highlighted as part of its standard fee model.

Kuna applies a flat 0.25 % trading fee for both makers and takers, without tiered volumes—though holding at least 100 KUN tokens grants VIP status, which waives maker fees entirely.

Futures/Derivatives

There’s no clear information on separate maker/taker fees for futures or derivatives; instead, NAGA applies swap or overnight funding charges for positions held beyond daily cut-off times, with typical rate adjustments during weekends.

Kuna does not offer futures or other derivative trading instruments; therefore, there are no associated maker, taker, or funding fees.

Average Spreads on Liquid Pairs

While precise BTC/USDT or ETH/USDT figures aren’t widely published, available data points suggest crypto spreads are variable and may amount to several percentage points of the price—a noticeable margin compared to forex pairs.

Kuna does not publicly disclose spread data, and their simplified fee model suggests minimal hidden spread, though precise average figures for these pairs are not available.

Fiat Deposits & Withdrawals

Users can fund via bank transfer, credit/debit card, and e-wallets with no platform deposit fees; withdrawals use similar methods, with processing typically within 1–5 business days and no charge from NAGA for standard withdrawals (though payment provider fees may apply).

Fiat deposits are accepted (e.g., via credit card for Ukrainian-issued Visa/Mastercard or via methods like Perfect Money, Payeer, Advanced Cash, or Kuna Code), with variable fees depending on the method—withdrawals mirror those deposit options, again with method-dependent fees and typical processing within short timeframes.

On-chain Withdrawals

When withdrawing crypto, NAGA passes along the underlying network cost—so fees vary based on the blockchain’s congestion. The platform itself does not levy an additional fixed fee over that.

Crypto withdrawal fees are based on asset and network; for example, withdrawing BTC incurs a fixed fee of approximately 0.0005 BTC. Other assets like ETH or TRX may have different dynamic fees, though Kuna doesn’t specify those publicly across all networks.

Hidden Costs

While NAGA doesn’t impose hidden charges, account holders should note potential fees from third-party currency conversions and inactivity surcharges (around one recurring annual fee are flagged), with some optional fast-track services potentially incurring additional costs.

There’s no explicit information about inactivity fees or express KYC charges; however, currency conversion may incur a flat percent fee embedded in the exchange rate, depending on your selected method.

Real-World Cost Example: “€500 BTC

If you purchase 500 € worth of BTC, costs would include a modest spread built into the BTC quote, a small copy-trade or execution fee (depending on instrument), and a variable on-chain withdrawal fee—so your final amount withdrawn in BTC would be slightly under the gross amount, though NAGA itself doesn’t layer on excessive extras.

Buying €500 worth of BTC would incur the standard 0.25 % trading fee and any minor spread embedded by the platform, plus the fixed withdrawal cost of ~0.0005 BTC when sending the funds on-chain—exact totals depend on BTC’s live price at the time.

Crypto Offering & Trading Features

Number of Coins & Pairs

NAGA supports around thirty cryptocurrencies on its platform, with the most traded assets including Bitcoin, Ethereum, USDC, XRP, Cardano, Solana and others—these top contenders naturally make up the highest volume trading activity.

Kuna lists approximately 22 to 40 cryptocurrencies and supports around 40 trading pairs, with the most active ones being BTC/UAH, ETH/BTC, ZEC/UAH, DAI/UAH, ZEC/USDT, KUN/USDT, BTC/USDC, and ETH/UAH.

Product Range

NAGA delivers a broad multi-asset experience

Kuna’s product suite is straightforward—spot trading only (crypto–crypto and crypto–fiat), no margin, derivatives, ETFs, lending, copy trading, grid bots, automatic DCA, or options; however, it does offer staking rewards through holding certain assets.

Liquidity

While NAGA doesn’t publicly list exact liquidity stats for BTC/ETH, its volume and depth are bolstered by competitive spreads and reliable execution on popular pairs—reflective of moderate liquidity typical of integrated social broker platforms, but not on par with deep-liquidity tier-one exchanges.

Kuna’s 24-hour volume is modest (several million USD equivalent), with BTC/USDT and ETH markets showing some activity; however, order-book depth is not publicly detailed, suggesting liquidity is appropriate for medium-sized trades but not high-frequency institutional-level operations.

Tools

The platform provides essential order types including limit and stop (plus OCO via features like the Protector tool), real-time price alerts, advanced charting tools, and native API/WebSocket access—exactly what you’d need to automate or monitor trading, though no direct TradingView interface is built-in.

Kuna supports basic order types like limit, market, and stop orders, features standard trading charts (not TradingView-native), and provides API access; it doesn’t offer advanced charting tools, OCO orders, price alerts, or built-in TradingView integration.

Geographic Restrictions by Product

NAGA’s services are generally available across the European Economic Area (excluding Belgium), while certain products—especially derivatives or CFDs—are restricted in several jurisdictions, including major markets like the US, Canada, and the UK, depending on local licensing and regulatory rules.

While spot trading is broadly available, Kuna does not provide derivatives or advanced products in any region, and its services are restricted for U.S. users; features like staking may also be limited depending on local regulations.

Innovation

Although NAGA continues to innovate with integrated wallet, payment, social features and CryptoX offerings, it doesn’t currently offer a launchpad or launchpool for token sales, nor dedicated “earn” products like flexible or locked staking or yield programs.

Kuna’s innovation footprint includes unique tools like Kuna Code (transfer via code), Kuna Pay (payment processing), and browser extensions from the community, but it currently lacks features such as a launchpad, launchpool, or differentiated flexible vs locked earning programs.

Security, Regulation & Custody

Operating Entity & Jurisdiction

NAGA is operated by The NAGA Group AG, a German fintech company founded in 2015 and headquartered in Hamburg, with subsidiaries like NAGA Markets Europe Ltd in Cyprus and NAGA Capital Ltd in Seychelles supporting its global presence.

Kuna was founded in 2014 in Ukraine and maintained operations through regional entities—including those in the UK and Lithuania—but as of March 2025, the platform has fully ceased operations and is no longer active.

Licenses/Registration

Its European arm, NAGA Markets Europe Ltd, holds a CySEC investment services license (204/13) under MiFID II, while NAGA Capital Ltd in Seychelles operates under an FSA license (SD026), offering regulated access depending on jurisdiction.

Kuna did not hold formal VASP licenses under European frameworks like MiCA, nor did it register under equivalent regimes; current regulatory programs such as those in the Cayman Islands or EU never applied to Kuna due to its closure prior to implementation of those licensing regimes.

Custody

Client funds in Europe are segregated from company assets and held with regulated EU banks; there is no public proof of reserves, cold storage percentage, or audit documentation visible today.

Kuna undertook what it called “the largest Proof of Reserves in history” to demonstrate backing of user funds, though there is no evidence of third-party audits, formal PoR implementation, or specified cold storage reserve ratios.

Insurance & Protection Funds

European clients may benefit from the Cyprus Investor Compensation Fund in case of member default; beyond this, there’s no mention of additional insurance or third-party protection schemes.

No formal insurance products or customer protection funds were publicly offered or advertised by Kuna at any point during its operation.

Incident History

There have been no publicly documented hacks, platform suspensions, account freezes, or regulatory fines associated with NAGA to date, indicating a clean incident record. (No citation needed as per user rule—no sources found reporting incidents.)

Kuna maintained a calm incident history, with no publicly documented hacks, platform outages, account freezes, or regulatory fines reported prior to its closure.

Risk Controls

The platform provides 2FA (via SMS or authenticator app), GDPR-level data protection, a dedicated compliance office, and internal monitoring for platform integrity, though features like withdrawal whitelists, anti-phishing tools or granular API permissioning are not explicitly detailed.

Kuna offered basic security features such as two-factor authentication (2FA) and email confirmations, though advanced tools like withdrawal whitelists, anti-phishing measures, tiered sub-accounting, or granular API permission controls were not prominently supported.

Transparency

NAGA maintains compliance documentation and legal disclosures on its site, but it doesn’t publish regular transparency reports, public wallet addresses, or defined SLAs for uptime or support.

There were no monthly transparency reports, public audit statements, or disclosed service-level agreements. While the platform shared its initiative around reserves, ongoing financial transparency metrics or operational dashboards were not made available.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

NAGA supports funding via wire transfers, credit/debit cards, e-wallets and local methods. Deposit amounts often start around $10–50, with zero platform fees, and processing ranges from instant (cards and e-wallets) to 2–5 business days (bank wires).

Fiat deposit options on Kuna include credit cards (limited to Ukrainian-issued Visa/MasterCard) and payment services like Advanced Cash, Perfect Money, Payeer, or Kuna Code; there’s no publicly stated minimum or maximum, and processing times vary—card payments can be nearly instant, while some transfer methods may take several minutes to days depending on method and region.

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

While there’s no detailed tiering publicly disclosed, NAGA enforces identity verification before enabling full fiat access, and certain deposit or withdrawal thresholds may require identity confirmation to proceed.

Kuna requires identity verification to unlock full functionality—basic account creation has limited access, and submitting documents (ID, proof of address) elevates you to a fully verified level, with no public breakdown of tiered access or trading limits, but verification is mandatory for fiat operations.

Withdrawals

Withdrawals are allowed only from verified accounts and must go to previously verified payment methods. Limits and timing depend on the method—card withdrawals typically take 3–5 business days (up to 10), bank transfers vary by region (2–6 days), while e-wallet and crypto withdrawals are processed within roughly 24 hours.

Cryptocurrency withdrawals on Kuna support networks like ERC-20, TRC-20, BTC (native), and others; BTC withdrawals, for example, incur a 0.0005 BTC fee and typically process within 10 minutes after email and 2FA confirmation—limits are set internally and not publicly disclosed.

Customer Support

NAGA offers a support center with email-based help and a knowledge base; priority is given to users through the Help Center, though 24/7 live chat availability and standardized response times aren’t explicitly noted.

Kuna offers multilingual support via the help center and ticketing system (English, Ukrainian, Russian), with an extensive FAQ and tutorial base—while there’s no 24/7 live chat, support is accessible through email or tickets, and response times are generally prompt but unspecified.

Languages & Localization

The platform includes Spanish language support within its Help Center, displays fees in multiple base currencies, and its European operations adhere to local regulatory frameworks under CySEC.

The platform supports English (as well as Ukrainian and Russian), displays prices and fees in common fiat currencies like €/USD, and reflects some local regulatory positioning (e.g., awareness of Lithuanian VASP licensing), although it remains primarily headquartered in Ukraine.

App Quality & Stability

NAGA’s mobile app is actively maintained (including features like NAGA Pay), generally stable with regular updates, though detailed metrics like crash rates or performance benchmarks are not publicly provided.

Kuna offers a mobile app for both iOS and Android that integrates core features like deposits and withdrawals; while there’s no public data on crash rates or update frequency, documentation includes instructions for confirming withdrawals via the app—suggesting a maintained and functional experience.

Experience, Performance & Ecosystem

UX/UI

NAGA offers an intuitive, approachable interface with minimal learning curve, blending simplicity with depth via its unified super-app; while there’s no explicit Lite/Pro toggle, access to both streamlined and MetaTrader (pro-feature rich) platforms lets users choose their complexity level.

Kuna’s design is widely praised for being intuitive and accessible to beginners, with no separate “Lite” or “Pro” modes—just a unified interface that blends simplicity with functionality to help new traders start quickly while still serving seasoned users.

Performance

Execution is generally smooth via the web and mobile apps, with order latency kept low, and while high-volatility periods may strain support or slow KYC queues, there’s little evidence of platform outages or systemic crashes during market surges.

Users report that orders on Kuna process nearly instantly under normal conditions; while data on crashes during volatile markets or extended KYC backlogs is limited, the lightweight design and responsiveness suggest generally stable performance even under pressure.

Education

NAGA Academy offers free, self-paced courses from beginner to advanced levels, paired with a fully funded demo account; much of the educational material—including videos and guides—is available in Spanish and several major languages.

Kuna currently offers limited educational materials and lacks demo or simulator tools; content is primarily in English, Ukrainian, and Russian, with no dedicated academy or learning hub in Spanish available at this time.

Community

The platform hosts an active social trading feed and leaderboard, enabling interaction and copying traders; though there’s no public Discord or Telegram, it runs a formal referral program and rewards users who attract followers or copiers.

Kuna fosters an active user community via its official Telegram and social media channels, alongside a generous affiliate/referral program (up to ~75% commission), though it doesn’t operate its own dedicated forums or Discord server.

Integrations

NAGA integrates native TradingView charts across devices, and supports third-party MetaTrader automation—but lacks direct integration with external bots, tax reporting services, or accounting software.

The platform doesn’t natively integrate with TradingView or third-party trading bots; there are no built-in tax reporting or accounting tools, making it more suited to straightforward trading rather than advanced automation or reporting workflows.

Who Each One Is Best For

NAGA shines for traders seeking a socially-driven, multi-asset platform with smooth onboarding and educational support, ideal for beginners and intermediate users; advanced traders may prefer dedicated pro platforms if they need deeper tool integrations or professional-grade automation.

Kuna shines for casual traders, especially in Eastern Europe, who want a no-frills, easy-to-navigate platform for basic spot trading in fiat and crypto—making it a solid fit for those seeking simplicity and regional accessibility rather than advanced trading features.