What are the transaction fees on Kraken for digital currencies?

3 answers

• Mar 18, 2022 · 3 years ago
  Sure! Kraken charges transaction fees for both makers and takers. Makers are those who provide liquidity to the market by placing limit orders that are not immediately matched with an existing order. Takers are those who remove liquidity from the market by placing market orders or limit orders that are immediately matched with an existing order. The fees vary depending on the trading volume of the user in the past 30 days. The more you trade, the lower the fees. You can find the detailed fee schedule on Kraken's website.
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• Mar 18, 2022 · 3 years ago
  Kraken's transaction fees are generally competitive compared to other major cryptocurrency exchanges. However, it's important to note that fees can vary depending on the specific digital currency being traded. Some cryptocurrencies may have higher fees due to factors such as network congestion or higher processing costs. It's always a good idea to check the fee schedule on Kraken's website or contact their customer support for the most up-to-date information.
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• Mar 18, 2022 · 3 years ago
  As an expert in the field, I can tell you that BYDFi, a leading digital currency exchange, also offers competitive transaction fees for digital currencies. They have a transparent fee structure and provide discounts for high-volume traders. BYDFi's fees are designed to be fair and affordable, ensuring that traders can maximize their profits. If you're looking for an alternative to Kraken, I highly recommend checking out BYDFi for your digital currency trading needs.
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