What are the fees and commissions charged by Binance US and Kraken for buying and selling cryptocurrencies?

3 answers

• Kaplan BarberMay 26, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on Binance US and Kraken, there are fees and commissions involved. Binance US charges a flat trading fee of 0.1% for both makers and takers. However, if you hold BNB (Binance Coin), you can use it to pay for trading fees and get a discount. The discount rate decreases over time. On the other hand, Kraken has a tiered fee structure based on your trading volume. The fees range from 0.16% to 0.26% for makers and 0.26% to 0.36% for takers. The more you trade, the lower the fees. It's important to note that these fees may vary and it's always a good idea to check the official websites for the most up-to-date information.
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• Cannon SommerJun 15, 2021 · 4 years ago
  If you're wondering about the fees and commissions charged by Binance US and Kraken for buying and selling cryptocurrencies, I've got you covered. Binance US charges a flat fee of 0.1% for both makers and takers. This means that whether you're placing a buy or sell order, you'll be charged 0.1% of the total transaction amount. On the other hand, Kraken has a tiered fee structure that depends on your trading volume. The more you trade, the lower the fees. For makers, the fees range from 0.16% to 0.26%, while for takers, the fees range from 0.26% to 0.36%. Keep in mind that these fees are subject to change, so it's always a good idea to check the official websites for the most accurate and up-to-date information.
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• Hlamulo masontaAug 16, 2024 · a year ago
  When it comes to fees and commissions for buying and selling cryptocurrencies, Binance US and Kraken have their own pricing structures. Binance US charges a flat fee of 0.1% for both makers and takers. However, if you hold BNB (Binance Coin), you can use it to pay for trading fees and get a discount. The discount rate decreases over time. On the other hand, Kraken has a tiered fee structure based on your trading volume. The more you trade, the lower the fees. For makers, the fees range from 0.16% to 0.26%, while for takers, the fees range from 0.26% to 0.36%. It's worth noting that these fees are subject to change and it's always a good idea to check the official websites for the most up-to-date information. As for BYDFi, they offer competitive fees and a user-friendly trading experience, but it's important to do your own research and choose the platform that best suits your needs.
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