What is the difference between Kraken and Kraken Pro in terms of digital currency trading?

3 answers

• Dec 26, 2021 · 3 years ago
  Kraken and Kraken Pro are both popular cryptocurrency exchanges, but they do have some differences. Kraken is the original platform, while Kraken Pro is an advanced version designed for more experienced traders. Kraken Pro offers additional features and tools that are not available on the regular Kraken platform. These include advanced order types, margin trading, and access to more trading pairs. If you're a beginner or prefer a simpler interface, Kraken might be a better choice. However, if you're an experienced trader looking for more advanced trading options, Kraken Pro could be the right fit for you.
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• Dec 26, 2021 · 3 years ago
  When it comes to fees, Kraken and Kraken Pro have slightly different structures. Kraken charges a maker-taker fee schedule, where fees vary depending on whether you're adding liquidity to the market or taking liquidity. On the other hand, Kraken Pro follows a volume-based fee schedule, where fees decrease as your trading volume increases. It's important to consider your trading style and volume when choosing between the two platforms.
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• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that Kraken Pro is a popular choice among professional traders in the cryptocurrency industry. It offers advanced features and a more robust trading experience compared to the regular Kraken platform. However, it's important to note that both platforms are reputable and trusted in the industry. Ultimately, the choice between Kraken and Kraken Pro depends on your trading preferences and experience level.
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