What are the fees and charges associated with using Kraken Inc for buying and selling cryptocurrencies?

Can you provide a detailed explanation of the fees and charges that are involved when using Kraken Inc for buying and selling cryptocurrencies? How do these fees compare to other cryptocurrency exchanges?

1 answers
- Kraken Inc charges various fees and charges for buying and selling cryptocurrencies. These include trading fees, which are based on the volume of your trades. The fees start at 0.16% for makers and 0.26% for takers, but they can be reduced based on your trading volume. Additionally, there may be deposit and withdrawal fees, which vary depending on the method you choose. It's important to note that these fees are subject to change and it's recommended to check Kraken's website for the most up-to-date fee schedule. When comparing Kraken's fees to other cryptocurrency exchanges, they are generally competitive and in line with industry standards.
Mar 06, 2022 · 3 years ago
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