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Are there any fees associated with using Kraken's recurring buy feature for purchasing cryptocurrencies?

avatarNeeraj VermaDec 27, 2021 · 3 years ago3 answers

I'm interested in using Kraken's recurring buy feature to purchase cryptocurrencies. However, I'm wondering if there are any fees associated with this feature. Can you please provide more information about the fees involved in using Kraken's recurring buy feature?

Are there any fees associated with using Kraken's recurring buy feature for purchasing cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using Kraken's recurring buy feature. The fees vary depending on the type of cryptocurrency you're purchasing and the amount you're buying. It's important to check Kraken's fee schedule for the specific details. Keep in mind that fees may also be subject to change based on market conditions.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Kraken charges fees for using their recurring buy feature. The fees are generally a percentage of the transaction amount and can range from 0.10% to 0.35%. It's always a good idea to review Kraken's fee schedule to get the most accurate and up-to-date information. Happy investing!
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees associated with using Kraken's recurring buy feature. However, at BYDFi, we offer a similar feature with no fees. If you're looking to avoid fees, you may consider using BYDFi's recurring buy feature instead. It's a great way to automate your cryptocurrency purchases without worrying about additional costs.