What are the fees associated with trading on Kraken Futures?
SuriyaDec 26, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the fees associated with trading on Kraken Futures? I would like to know the different types of fees, how they are calculated, and if there are any discounts or promotions available.
3 answers
- Dec 26, 2021 · 3 years agoTrading on Kraken Futures involves several types of fees. The main fees include trading fees, funding fees, and withdrawal fees. Trading fees are charged when you execute a trade and are based on your trading volume. The more you trade, the lower your trading fees will be. Funding fees are charged for holding positions overnight and are calculated based on the funding rate. Withdrawal fees vary depending on the cryptocurrency you are withdrawing. It's important to note that Kraken Futures offers fee discounts for high-volume traders and occasionally runs promotions with reduced fees.
- Dec 26, 2021 · 3 years agoWhen trading on Kraken Futures, you'll encounter different fees. These fees include trading fees, funding fees, and withdrawal fees. Trading fees are based on your trading volume and decrease as your volume increases. Funding fees are charged for holding positions overnight and are calculated based on the funding rate. Withdrawal fees vary depending on the cryptocurrency you are withdrawing. Kraken Futures offers fee discounts for high-volume traders, so the more you trade, the lower your fees will be. Additionally, keep an eye out for any promotions or special offers that may further reduce your fees.
- Dec 26, 2021 · 3 years agoTrading on Kraken Futures comes with various fees. These fees include trading fees, funding fees, and withdrawal fees. Trading fees are determined by your trading volume and decrease as you trade more. Funding fees are charged for holding positions overnight and are calculated based on the funding rate. Withdrawal fees vary depending on the specific cryptocurrency. It's worth noting that Kraken Futures offers fee discounts for high-volume traders, allowing them to enjoy lower fees. If you're a frequent trader, take advantage of these discounts to reduce your trading costs.
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