What are the fees and charges associated with using Kraken Canada for buying and selling cryptocurrencies?
Panduro SteffensenMay 21, 2023 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and charges that are associated with using Kraken Canada for buying and selling cryptocurrencies? I would like to understand the costs involved before I start trading on the platform.
1 answers
- Ashish VishwakarmaNov 12, 2021 · 4 years agoAs an expert in the field, I can tell you that Kraken Canada charges a trading fee for buying and selling cryptocurrencies. The fee is based on your trading volume and can range from 0.10% to 0.26%. In addition to the trading fee, there may be deposit and withdrawal fees depending on the method you use. It's important to consider these fees when calculating your overall costs of trading on Kraken Canada. However, it's worth noting that Kraken Canada is known for its competitive fees compared to other exchanges in the market.
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