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What are the fees and charges associated with trading on Kraken?

avatarNiya JamesDec 24, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees and charges that traders need to consider when trading on Kraken?

What are the fees and charges associated with trading on Kraken?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that trading on Kraken incurs certain fees and charges. The trading fee is based on a maker-taker model, with makers paying a lower fee than takers. The fee ranges from 0.16% to 0.26% depending on the trading volume. In addition to the trading fee, there may be deposit and withdrawal fees depending on the currency and payment method used. It's important to note that these fees can vary and it's always a good idea to check the Kraken website for the most up-to-date fee schedule. Traders should also be aware that there may be fees for margin trading, futures trading, and other advanced trading features. By carefully considering these fees, traders can make more informed decisions and optimize their trading strategies on Kraken.