Are there any fees associated with shorting on Kraken?

3 answers

• Jerry BrysonNov 04, 2024 · a year ago
  Yes, there are fees associated with shorting on Kraken. When you short a cryptocurrency on Kraken, you will be charged a borrowing fee for the borrowed asset. The borrowing fee is determined by the interest rate set by the lender and can vary depending on the market conditions. Additionally, there may be other fees involved, such as trading fees and margin fees. It's important to carefully review Kraken's fee schedule to understand the complete cost of shorting on the platform.
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• Ezequiel CabelloOct 17, 2020 · 5 years ago
  Shorting on Kraken does come with fees. The borrowing fee is the main fee associated with shorting. This fee is charged for borrowing the asset you want to short. The borrowing fee is determined by the interest rate set by the lender and can vary based on market conditions. It's important to consider these fees when planning your short positions on Kraken.
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• developer developerDec 05, 2023 · 2 years ago
  Yes, there are fees associated with shorting on Kraken. When you short a cryptocurrency on Kraken, you will be charged a borrowing fee for the borrowed asset. The borrowing fee is determined by the interest rate set by the lender and can vary depending on the market conditions. It's important to note that these fees are separate from the trading fees and margin fees that you may also incur. If you're looking for a platform with lower fees for shorting, you might consider checking out BYDFi, which offers competitive rates for shorting cryptocurrencies.
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