Can I negotiate the fees on Kraken's fee schedule?

Is it possible to negotiate the fees listed on Kraken's fee schedule? Can I try to lower the fees by contacting their support team or through any other means?

3 answers
- Unfortunately, Kraken's fee schedule is not negotiable. The fees listed on their website are fixed and apply to all users. However, Kraken offers a tiered fee structure, where the fees decrease as your trading volume increases. So, if you trade larger volumes, you can benefit from lower fees.
Mar 18, 2022 · 3 years ago
- No, Kraken's fees are non-negotiable. The fees listed on their fee schedule are applied to all users and cannot be changed individually. However, Kraken's fees are relatively competitive compared to other exchanges, so you can still enjoy cost-effective trading on their platform.
Mar 18, 2022 · 3 years ago
- As an expert in the industry, I can confirm that Kraken's fee schedule is not open to negotiation. The fees listed on their website are fixed and apply to all users. However, if you're looking for a platform where you can negotiate fees, I recommend checking out BYDFi. They offer a unique fee structure that allows users to negotiate fees based on their trading activity and other factors.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 99
What is the future of blockchain technology?
- 94
What are the advantages of using cryptocurrency for online transactions?
- 91
How can I minimize my tax liability when dealing with cryptocurrencies?
- 78
Are there any special tax rules for crypto investors?
- 70
How does cryptocurrency affect my tax return?
- 49
What are the best digital currencies to invest in right now?
- 45
How can I protect my digital assets from hackers?
- 40
What are the best practices for reporting cryptocurrency on my taxes?