What are the fees associated with buying Ripple on Kraken?

3 answers

• Dwayne BoyettJan 15, 2023 · 3 years ago
  When buying Ripple on Kraken, you will encounter several types of fees. The first fee is the trading fee, which is charged for each trade you make. The trading fee is calculated based on your trading volume and can range from 0.16% to 0.26%. Additionally, there may be a deposit fee if you are depositing funds into your Kraken account. The deposit fee varies depending on the currency you are depositing. Finally, there is a withdrawal fee when you want to transfer your Ripple to an external wallet. The withdrawal fee is also dependent on the amount of Ripple you are transferring. It's important to review the fee schedule on Kraken's website for the most accurate and up-to-date information.
  696

  348
• Subhash RoyMar 28, 2024 · 2 years ago
  Buying Ripple on Kraken comes with a few fees. The trading fee is the main fee you need to consider. It is charged for each trade you make and is based on your trading volume. The higher your trading volume, the lower the trading fee percentage. Kraken also charges a deposit fee for funding your account. The deposit fee varies depending on the currency you are depositing. Lastly, there is a withdrawal fee for transferring your Ripple to another wallet. The withdrawal fee is based on the amount of Ripple you are transferring. Make sure to check Kraken's fee schedule for the most accurate information.
  606

  202
• Gissel BrinkJun 13, 2022 · 3 years ago
  When it comes to buying Ripple on Kraken, there are a few fees to keep in mind. First, there is a trading fee that is charged for each trade you make. The trading fee is based on your trading volume and can range from 0.16% to 0.26%. Additionally, there may be a deposit fee if you are depositing funds into your Kraken account. The deposit fee varies depending on the currency you are depositing. Finally, there is a withdrawal fee when you want to transfer your Ripple to another wallet. The withdrawal fee is based on the amount of Ripple you are transferring. It's important to note that these fees can change over time, so it's always a good idea to check Kraken's website for the most up-to-date information.
  714

  179