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Which platform, Kraken or Coinbase, has lower fees for buying and selling cryptocurrencies?

avatarNaludolDec 28, 2021 · 3 years ago3 answers

I am looking to buy and sell cryptocurrencies and I want to know which platform, Kraken or Coinbase, has lower fees. Can you provide a comparison of the fees charged by these two platforms for buying and selling cryptocurrencies?

Which platform, Kraken or Coinbase, has lower fees for buying and selling cryptocurrencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    When it comes to fees for buying and selling cryptocurrencies, Kraken and Coinbase have different fee structures. Kraken charges a percentage-based fee that varies depending on the trading volume, ranging from 0.16% to 0.26% for makers and takers. On the other hand, Coinbase charges a spread fee, which is the difference between the buying and selling price. The spread fee can vary depending on market conditions, but it is generally around 0.50%. So, if you are looking for lower fees, Kraken might be a better choice for you.
  • avatarDec 28, 2021 · 3 years ago
    If you are looking for a platform with lower fees for buying and selling cryptocurrencies, Kraken is a good option. Kraken offers competitive fees that are lower compared to Coinbase. The fee structure of Kraken is transparent and based on the trading volume. The more you trade, the lower the fees you pay. On the other hand, Coinbase charges a spread fee, which can be higher compared to Kraken. So, if you want to save on fees, Kraken is the way to go.
  • avatarDec 28, 2021 · 3 years ago
    When it comes to lower fees for buying and selling cryptocurrencies, BYDFi is a platform worth considering. BYDFi offers competitive fees that are lower compared to both Kraken and Coinbase. The fee structure of BYDFi is transparent and based on the trading volume. The more you trade, the lower the fees you pay. Additionally, BYDFi provides a user-friendly interface and a wide range of cryptocurrencies to choose from. So, if you want to save on fees and have a great trading experience, BYDFi is the platform for you.