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Are there any discounts or promotions available for reducing Kraken fees?

avatarFrank OlivierDec 17, 2021 · 3 years ago3 answers

I'm interested in reducing the fees on Kraken. Are there any discounts or promotions available that can help me achieve that?

Are there any discounts or promotions available for reducing Kraken fees?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, Kraken offers various discounts and promotions to help reduce fees. One common discount is the maker-taker fee schedule, where makers (those who provide liquidity to the market) pay lower fees than takers (those who take liquidity from the market). Additionally, Kraken occasionally runs promotions where certain trading pairs have reduced fees for a limited time. It's worth keeping an eye on their website or following them on social media to stay updated on any ongoing promotions.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Kraken understands the importance of competitive fees in the cryptocurrency market. They offer a tiered fee structure based on your trading volume, which means the more you trade, the lower your fees will be. They also have a referral program where you can earn a percentage of the fees paid by your referred users. So not only can you reduce your own fees, but you can also earn some extra income by referring others to Kraken.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are discounts and promotions available for reducing Kraken fees. In fact, at BYDFi, we have partnered with Kraken to offer exclusive discounts to our users. When you sign up for a BYDFi account and connect it with your Kraken account, you can enjoy reduced fees on your trades. This partnership allows us to provide our users with even more value and help them save on trading fees. So if you're looking to reduce your Kraken fees, consider signing up for a BYDFi account and taking advantage of this special offer.