What are the fees for trading digital currencies on Kraken?
Clemensen PadillaDec 20, 2021 · 3 years ago3 answers
Can you provide details about the fees associated with trading digital currencies on Kraken? I'm interested in knowing the fees for both market makers and market takers, as well as any other fees that may be applicable.
3 answers
- Dec 20, 2021 · 3 years agoWhen it comes to trading digital currencies on Kraken, there are different fees depending on whether you are a market maker or a market taker. Market makers, who provide liquidity to the market by placing limit orders that are not immediately matched, are charged a lower fee. On the other hand, market takers, who place orders that are immediately matched with existing orders, are charged a slightly higher fee. Additionally, Kraken also charges fees for deposits, withdrawals, and other services. It's important to check Kraken's fee schedule for the most up-to-date information.
- Dec 20, 2021 · 3 years agoTrading digital currencies on Kraken involves fees that vary based on your trading activity. Market makers, who add liquidity to the order book, are rewarded with lower fees. Market takers, who remove liquidity by executing trades against existing orders, are subject to slightly higher fees. Kraken also charges fees for deposits and withdrawals, which can vary depending on the currency and payment method used. It's recommended to review Kraken's fee schedule for a comprehensive breakdown of the fees associated with trading on their platform.
- Dec 20, 2021 · 3 years agoWhen it comes to trading digital currencies on Kraken, the fees are determined by your trading activity. Market makers, who provide liquidity to the market, enjoy lower fees compared to market takers. The fee structure is designed to incentivize market makers and promote a healthy trading environment. In addition to trading fees, Kraken also charges fees for deposits and withdrawals. It's worth noting that fees may vary depending on the currency pairs and trading volume. For the most accurate and up-to-date information, it's best to refer to Kraken's official website or contact their customer support.
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