common-close-0
BYDFi
Trade wherever you are!

Are there any differences in the fees charged by Kraken and Kraken Pro for buying and selling cryptocurrencies?

avatarGamble SearsDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the fees charged by Kraken and Kraken Pro for buying and selling cryptocurrencies?

Are there any differences in the fees charged by Kraken and Kraken Pro for buying and selling cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to fees, Kraken and Kraken Pro have some differences. Kraken charges a maker fee ranging from 0% to 0.16% and a taker fee ranging from 0.10% to 0.26%, depending on the trading volume. On the other hand, Kraken Pro offers a maker fee ranging from 0% to 0.26% and a taker fee ranging from 0.10% to 0.36%. It's important to note that these fees can vary based on factors such as the trading pair and the user's trading volume. Overall, Kraken Pro tends to have slightly higher fees compared to Kraken, but it also offers additional features and functionalities for more advanced traders.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Kraken and Kraken Pro have different fee structures for buying and selling cryptocurrencies. Kraken charges a maker fee, which is applicable when you provide liquidity to the market, and a taker fee, which is applicable when you take liquidity from the market. The exact fees depend on your trading volume and can range from 0% to 0.16% for makers and 0.10% to 0.26% for takers. On the other hand, Kraken Pro has a similar fee structure but with slightly higher fees. The maker fees range from 0% to 0.26% and the taker fees range from 0.10% to 0.36%. It's important to consider these fees when choosing between the two platforms, as they can impact your overall trading costs.
  • avatarDec 17, 2021 · 3 years ago
    Certainly! Kraken and Kraken Pro have different fee structures for buying and selling cryptocurrencies. Kraken charges a maker fee, which is applicable when you add liquidity to the order book, and a taker fee, which is applicable when you remove liquidity from the order book. The maker fees on Kraken range from 0% to 0.16%, while the taker fees range from 0.10% to 0.26%. On the other hand, Kraken Pro has maker fees ranging from 0% to 0.26% and taker fees ranging from 0.10% to 0.36%. It's worth noting that these fees can vary depending on factors such as the trading volume and the specific trading pair. Overall, Kraken Pro tends to have slightly higher fees compared to Kraken, but it also offers a more advanced trading interface and additional features for experienced traders.