What are the fees for trading assets on Kraken?
Luna AggerholmDec 26, 2021 · 3 years ago3 answers
Can you tell me more about the fees associated with trading assets on Kraken? I'm interested in understanding the costs involved before I start trading.
3 answers
- Dec 26, 2021 · 3 years agoSure! When it comes to trading assets on Kraken, there are different fees to consider. The fees vary depending on factors such as the trading volume, the type of order, and the currency pair being traded. It's important to note that Kraken follows a maker-taker fee model, where makers (those who provide liquidity to the market) pay lower fees compared to takers (those who take liquidity from the market). You can find detailed information about the fees on Kraken's official website under their 'Fees' section. It's always a good idea to review the fee structure before you start trading to ensure you have a clear understanding of the costs involved.
- Dec 26, 2021 · 3 years agoTrading assets on Kraken comes with fees that you should be aware of. The fees are based on a tiered structure, where the more you trade, the lower your fees will be. The fees range from 0.16% to 0.26% for takers and 0% to 0.10% for makers, depending on your trading volume. Additionally, there may be additional fees for certain types of orders, such as margin trading. It's important to review Kraken's fee schedule to understand the specific fees associated with the assets you plan to trade.
- Dec 26, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that Kraken is a reputable exchange with competitive trading fees. They offer a transparent fee structure that is based on your trading volume. The fees start at 0.26% for takers and 0.16% for makers, but as you trade more, the fees decrease. Kraken also offers a fee discount for users who hold their native token, which can further reduce your trading costs. Overall, Kraken's fees are considered to be reasonable compared to other exchanges in the market.
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