What are the fees for trading on Kraken?

3 answers

• OnlybullyAug 10, 2021 · 4 years ago
  Sure! When trading on Kraken, you will encounter different types of fees. The fees vary depending on the type of trade you make. For example, the fees for market makers and market takers are different. Market makers, who add liquidity to the order book, usually pay lower fees compared to market takers, who remove liquidity from the order book. Additionally, Kraken has a tiered fee structure, which means that the fees decrease as your trading volume increases. It's important to note that there may be additional charges for certain features or services on Kraken, such as margin trading or using advanced order types. Make sure to check Kraken's fee schedule for the most up-to-date information.
  699

  350
• Normand WilliamsDec 25, 2024 · a year ago
  Trading on Kraken comes with fees, but they are generally competitive within the industry. The fees are based on a percentage of the trade volume and vary depending on the type of trade you make. Kraken offers a tiered fee structure, which means that the more you trade, the lower your fees will be. This can be beneficial for active traders who frequently engage in high-volume trades. It's worth noting that Kraken also offers fee discounts for certain trading pairs and user levels. Overall, Kraken aims to provide transparent and fair fee structures to its users.
  567

  189
• Nicholas RohlmanMar 18, 2022 · 4 years ago
  As an expert in the field, I can tell you that Kraken is a popular choice among traders due to its competitive fee structure. Kraken offers a tiered fee system, which means that the more you trade, the lower your fees will be. This can be advantageous for traders who engage in high-volume trades. Additionally, Kraken provides fee discounts for certain trading pairs and user levels, further enhancing its appeal. It's important to note that fees may vary depending on the type of trade you make, so it's always a good idea to review Kraken's fee schedule for accurate and up-to-date information. Overall, Kraken's fee structure is designed to be fair and competitive in the cryptocurrency trading market.
  706

  177