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TagsWhat are the fees associated with withdrawing cryptocurrency from Kraken?
EG JeansMar 20, 2022 · 3 years ago1 answersCan you provide a detailed explanation of the fees that are associated with withdrawing cryptocurrency from Kraken? I would like to know the different types of fees, the percentage or fixed amount charged for each fee, and if there are any additional charges or hidden fees that I should be aware of.
1 answers
- Withdrawal fees for cryptocurrency on Kraken consist of two main components. The first is the network fee, which is charged by the blockchain network to process the transaction. This fee varies depending on the cryptocurrency and the current network congestion. The second fee is charged by Kraken itself and can be a fixed amount or a percentage of the withdrawn amount. The specific withdrawal fee can be found on Kraken's website or by reaching out to their customer support. It's worth noting that these fees are subject to change, so it's a good idea to check the latest fee structure before making a withdrawal.Mar 20, 2022 · 3 years ago
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