What are the fees for trading on the Kraken platform?
Finn GradyDec 24, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the trading fees on the Kraken platform? I would like to know the fees for both market makers and market takers, as well as any additional fees that may apply.
3 answers
- Dec 24, 2021 · 3 years agoSure! When it comes to trading on the Kraken platform, there are different fees for market makers and market takers. Market makers, who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders, enjoy lower fees. The fees for market makers range from 0% to 0.16%, depending on the trading volume. On the other hand, market takers, who place orders that are immediately matched with existing orders, have slightly higher fees, ranging from 0.10% to 0.26%. It's important to note that these fees are subject to change and may vary based on the specific trading pair and volume. Additionally, Kraken may charge additional fees for certain services, such as deposit and withdrawal fees. Make sure to check the Kraken website or contact their support team for the most up-to-date fee information.
- Dec 24, 2021 · 3 years agoTrading fees on the Kraken platform vary depending on whether you are a market maker or a market taker. Market makers, who provide liquidity to the market, enjoy lower fees compared to market takers. The fees for market makers start at 0% and can go up to 0.16%, depending on the trading volume. Market takers, on the other hand, have slightly higher fees ranging from 0.10% to 0.26%. It's important to keep in mind that these fees can change over time and may also vary for different trading pairs. Additionally, Kraken may have additional fees for certain services such as deposits and withdrawals. For the most accurate and up-to-date fee information, it's recommended to visit the Kraken website or reach out to their customer support.
- Dec 24, 2021 · 3 years agoAs an expert in the field, I can tell you that the fees for trading on the Kraken platform vary depending on whether you are a market maker or a market taker. Market makers, who provide liquidity to the market, enjoy lower fees compared to market takers. The fees for market makers range from 0% to 0.16%, depending on the trading volume. On the other hand, market takers have slightly higher fees ranging from 0.10% to 0.26%. It's important to note that these fees are subject to change and may vary for different trading pairs. Additionally, Kraken may charge additional fees for certain services such as deposits and withdrawals. For the most accurate and up-to-date fee information, I recommend visiting the Kraken website or contacting their support team.
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