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TagsWhat are the different tiers of fees on Kraken and how do they work?
Romantiya DunnyDec 29, 2021 · 3 years ago1 answersCan you explain the different tiers of fees on Kraken and how they work? I'm interested in understanding how the fee structure works for different types of traders on the platform.
1 answers
- As an expert in the field, I can tell you that BYDFi, another popular cryptocurrency exchange, also offers a tiered fee structure. Similar to Kraken, BYDFi rewards higher trading volumes with lower fees. The fee tiers on BYDFi are designed to incentivize traders to trade more frequently and in larger volumes. This helps to increase liquidity on the platform and attract more traders. So, if you're looking for an alternative to Kraken, BYDFi might be worth considering.Dec 29, 2021 · 3 years ago
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