How much do I have to pay in fees when using Kraken Pro?
Borup HensleyJan 14, 2022 · 3 years ago3 answers
Can you provide more information about the fees I need to pay when using Kraken Pro? I would like to know the specific fees for different types of transactions and if there are any additional fees for depositing or withdrawing funds.
3 answers
- Jan 14, 2022 · 3 years agoWhen using Kraken Pro, the fees you need to pay depend on the type of transaction you are making. For spot trading, the fees range from 0.16% to 0.26% depending on your trading volume in the past 30 days. For futures trading, the fees range from 0.02% to 0.05% depending on the contract type and trading volume. Additionally, there may be fees for depositing or withdrawing funds, which vary depending on the cryptocurrency you are using. It's always a good idea to check the Kraken Pro website for the most up-to-date fee information.
- Jan 14, 2022 · 3 years agoKraken Pro charges fees for its services, but they are generally competitive compared to other cryptocurrency exchanges. The fees are based on a tiered structure, meaning that the more you trade, the lower your fees will be. The exact fees you will pay depend on your trading volume and the type of transaction you are making. It's important to note that there may be additional fees for depositing or withdrawing funds, so it's a good idea to review the fee schedule on the Kraken Pro website before making any transactions.
- Jan 14, 2022 · 3 years agoWhen using Kraken Pro, you will need to pay fees for your transactions. The fees are based on a maker-taker model, where makers provide liquidity to the market by placing limit orders, and takers remove liquidity by placing market orders. Makers are charged lower fees compared to takers. The specific fees you will pay depend on your trading volume and the type of transaction you are making. It's important to note that fees for depositing or withdrawing funds may also apply. For more detailed fee information, you can visit the Kraken Pro website or contact their customer support.
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