Can you explain the fee structure on Kraken for buying and selling cryptocurrencies?

3 answers

• Jensby LuAug 06, 2024 · a year ago
  Sure! When it comes to buying and selling cryptocurrencies on Kraken, the fee structure is based on a tiered system. The fees you pay depend on your trading volume over the past 30 days. The more you trade, the lower the fees. The fees range from 0.16% to 0.26% for makers and 0.26% to 0.36% for takers. Additionally, there may be additional fees for depositing or withdrawing funds from your Kraken account. It's important to review the fee schedule on Kraken's website for the most up-to-date information.
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• Bright CornersAug 25, 2020 · 5 years ago
  Absolutely! Kraken has a transparent fee structure for buying and selling cryptocurrencies. The fees are based on the trading volume and the type of order you place. The fees are generally lower for makers, who provide liquidity to the market, and higher for takers, who take liquidity from the market. Kraken also offers discounts for high-volume traders. It's important to note that the fee structure may vary for different cryptocurrencies on Kraken. Make sure to check the specific fee details for the cryptocurrency you are interested in trading.
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• Carlsson WongJan 12, 2024 · 2 years ago
  Of course! When it comes to buying and selling cryptocurrencies on Kraken, the fee structure is designed to be fair and competitive. The fees are based on a maker-taker model, where makers add liquidity to the order book and takers remove liquidity from the order book. The fees are calculated based on your trading volume over the past 30 days. Kraken also offers discounts for high-volume traders. It's important to review the fee schedule on Kraken's website for the most accurate and up-to-date information on the fees involved.
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