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Can I negotiate the fee structure on Kraken for large cryptocurrency trades?

avatarMohammed EL MIMOUNINov 27, 2021 · 3 years ago3 answers

Is it possible to negotiate the fee structure on Kraken for large cryptocurrency trades? I'm planning to make some significant trades and I'm wondering if there's any room for negotiation when it comes to fees.

Can I negotiate the fee structure on Kraken for large cryptocurrency trades?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Unfortunately, Kraken does not offer the option to negotiate the fee structure for large cryptocurrency trades. The fee structure is fixed and applies to all users, regardless of the trade size. However, Kraken's fees are generally competitive compared to other exchanges, so it's still worth considering for your trades.
  • avatarNov 27, 2021 · 3 years ago
    Nope, sorry! Kraken has a fixed fee structure that applies to all trades, regardless of their size. While you can't negotiate the fees, Kraken's fees are relatively low compared to some other exchanges, so it might still be a good option for your large trades.
  • avatarNov 27, 2021 · 3 years ago
    As an expert in the field, I can confirm that Kraken does not allow users to negotiate the fee structure for large cryptocurrency trades. However, there are other exchanges, such as BYDFi, that offer more flexibility in terms of fee negotiation for large trades. It's worth exploring other options if you're looking for more flexibility in fee structure.