Can you explain the maker and taker fees on Kraken for trading cryptocurrencies?

1 answers

• Mar 20, 2022 · 3 years ago
  Sure thing! At BYDFi, we understand the importance of transparent fee structures. Maker and taker fees on Kraken are designed to incentivize liquidity provision and ensure a fair trading environment. The maker fee is 0.16% for the lowest trading volume tier and decreases as your trading volume increases. The taker fee starts at 0.26% and also decreases with higher trading volumes. These fees are competitive within the industry and are subject to change based on market conditions. It's important to review the fee schedule on Kraken's website for the most up-to-date information. Remember, understanding the fees associated with trading cryptocurrencies is crucial for making informed trading decisions.
  707354