How do the fees on Kraken and Coinbase differ for buying and selling cryptocurrencies?

3 answers

• Dec 19, 2021 · 3 years ago
  When it comes to fees, Kraken and Coinbase have different structures. Kraken charges a maker fee and a taker fee, which vary depending on the trading volume. On the other hand, Coinbase uses a spread-based fee model, where the fee is included in the buy or sell price. This means that the fee is not explicitly shown, but it is built into the overall price you pay or receive. Both exchanges provide transparent fee schedules on their websites, so you can easily compare and calculate the fees for your specific trading needs.
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• Dec 19, 2021 · 3 years ago
  Kraken and Coinbase have different fee structures for buying and selling cryptocurrencies. Kraken charges a maker fee for adding liquidity to the order book and a taker fee for removing liquidity. The fees are based on a tiered system, where the more you trade, the lower the fees. On the other hand, Coinbase charges a spread fee, which is the difference between the buy and sell prices. This fee is not explicitly shown but is included in the overall price. It's important to compare the fee structures of both exchanges and consider your trading volume and frequency to determine which platform offers the most cost-effective option for you.
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• Dec 19, 2021 · 3 years ago
  When it comes to fees, Kraken and Coinbase have different approaches. Kraken charges a maker fee and a taker fee, which are based on your trading volume. The more you trade, the lower the fees. On the other hand, Coinbase uses a spread fee model, where the fee is included in the buy or sell price. This means that the fee is not shown separately, but it is already accounted for in the price you see. It's important to consider your trading habits and volume to determine which fee structure is more suitable for you. If you're looking for a platform with a tiered fee structure, Kraken might be a good option. However, if you prefer a simplified fee model, Coinbase could be the better choice.
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