What is the pricing structure for trading on Kraken?

Can you explain the pricing structure for trading on Kraken in detail? How are fees calculated and what are the different fee tiers?

3 answers
- Sure! When it comes to trading on Kraken, the pricing structure is based on a maker-taker model. Makers are traders who add liquidity to the order book by placing limit orders that are not immediately matched with existing orders. Takers are traders who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with existing orders. Makers are charged lower fees compared to takers, as they contribute to the overall market liquidity. The fee tiers are determined by the trading volume over a 30-day period. Higher trading volumes result in lower fees. You can find the detailed fee schedule on Kraken's website.
Mar 17, 2022 · 3 years ago
- The pricing structure on Kraken is designed to incentivize market makers and provide competitive fees for traders. By offering lower fees to makers, Kraken encourages the creation of liquidity in the market, which benefits all traders. The fee tiers are based on a sliding scale, where higher trading volumes result in lower fees. This means that as your trading volume increases, you will be eligible for reduced fees. It's important to note that fees may vary depending on the specific trading pair and the type of order you place. Make sure to check Kraken's fee schedule for the most up-to-date information.
Mar 17, 2022 · 3 years ago
- At BYDFi, we understand the importance of transparent pricing structures for traders. When it comes to Kraken, the pricing structure is based on a maker-taker model. Makers, who add liquidity to the market, are charged lower fees compared to takers, who remove liquidity. The fee tiers are determined by the trading volume over a 30-day period, with higher volumes resulting in lower fees. It's important to note that fees may vary depending on the specific trading pair and the type of order you place. For the most accurate and up-to-date fee information, I recommend checking Kraken's official website.
Mar 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 89
What are the best practices for reporting cryptocurrency on my taxes?
- 88
How can I minimize my tax liability when dealing with cryptocurrencies?
- 72
What are the best digital currencies to invest in right now?
- 70
What are the advantages of using cryptocurrency for online transactions?
- 52
How can I buy Bitcoin with a credit card?
- 35
What are the tax implications of using cryptocurrency?
- 34
How can I protect my digital assets from hackers?
- 33
Are there any special tax rules for crypto investors?