What are the standing fees for trading on Kraken?
Ifoghale UzeziDec 29, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the standing fees for trading on Kraken? I want to know the fees involved in trading on Kraken and how they are calculated.
3 answers
- Dec 29, 2021 · 3 years agoSure! Trading on Kraken involves several types of fees. The main fees are the maker fee and the taker fee. The maker fee is charged when you add liquidity to the order book by placing a limit order that isn't immediately matched with an existing order. The taker fee is charged when you remove liquidity from the order book by placing a market order or a limit order that gets matched immediately. The fee structure is based on your trading volume over the past 30 days, with higher trading volumes resulting in lower fees. You can find the detailed fee schedule on Kraken's website.
- Dec 29, 2021 · 3 years agoTrading on Kraken comes with certain fees. These fees are charged based on your trading activity and the volume of trades you make. The fees are divided into maker fees and taker fees. Maker fees are charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. Taker fees are charged when you remove liquidity from the market by placing a market order or a limit order that gets matched immediately. The fee structure is tiered, meaning that the more you trade, the lower your fees will be. You can check Kraken's fee schedule for more details.
- Dec 29, 2021 · 3 years agoKraken, one of the leading cryptocurrency exchanges, has a fee structure that is designed to incentivize liquidity provision. The fees are divided into maker fees and taker fees. Maker fees are charged when you add liquidity to the market by placing a limit order that doesn't get immediately matched. Taker fees are charged when you remove liquidity from the market by placing a market order or a limit order that gets matched immediately. The fee structure is tiered, meaning that the more you trade, the lower your fees will be. For the exact fee schedule, you can visit Kraken's website.
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