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Are there any fees associated with trading XRP on Kraken?

avatarcanthelpmyselfJan 13, 2022 · 3 years ago2 answers

Can you tell me if there are any fees that I need to pay when trading XRP on Kraken? I'm interested in knowing the costs involved before I start trading.

Are there any fees associated with trading XRP on Kraken?

2 answers

  • avatarJan 13, 2022 · 3 years ago
    Yes, there are fees associated with trading XRP on Kraken. When you place a trade, you will be charged a maker or taker fee, depending on your trading activity. The fees range from 0.10% to 0.26% for makers and 0.16% to 0.26% for takers, depending on your trading volume. You can find the complete fee schedule on Kraken's website. It's important to consider these fees when calculating your potential profits or losses.
  • avatarJan 13, 2022 · 3 years ago
    Yes, there are fees associated with trading XRP on Kraken. The fees vary depending on your trading volume and whether you are a maker or a taker. Makers, who provide liquidity to the market, typically pay lower fees compared to takers, who remove liquidity. It's important to review Kraken's fee schedule to understand the specific fees associated with your trading activity. Keep in mind that fees can impact your overall trading costs and potential profits.