common-close-0
BYDFi
Trade wherever you are!

How do the fees on Kraken and Kraken Pro compare?

avatarmd armaanDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of the fees on Kraken and Kraken Pro? I would like to know the differences in terms of trading fees, deposit fees, and withdrawal fees. Are there any additional fees or discounts available on either platform?

How do the fees on Kraken and Kraken Pro compare?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Kraken and Kraken Pro have slightly different fee structures. On Kraken, the trading fees range from 0.16% to 0.26% depending on your trading volume in the last 30 days. The deposit fees vary depending on the cryptocurrency you are depositing, but most deposits are free. Withdrawal fees also depend on the cryptocurrency, with some having fixed fees and others having percentage-based fees. Kraken Pro, on the other hand, offers a tiered fee structure based on your trading volume. The more you trade, the lower your fees will be. Deposits and withdrawals on Kraken Pro are generally free. It's important to note that both platforms may have additional fees for certain services, such as margin trading or fiat currency deposits and withdrawals. Make sure to check their fee schedules for the most up-to-date information.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to fees, Kraken and Kraken Pro have their own unique structures. Kraken charges trading fees based on a tiered system, where the more you trade, the lower your fees will be. The fees range from 0.16% to 0.26% depending on your trading volume. Deposits on Kraken are generally free, but withdrawal fees vary depending on the cryptocurrency. Some cryptocurrencies have fixed fees, while others have percentage-based fees. On the other hand, Kraken Pro offers a simpler fee structure with lower fees overall. The trading fees on Kraken Pro start at 0.10% and decrease as your trading volume increases. Deposits and withdrawals on Kraken Pro are usually free. It's important to compare the fee structures of both platforms and consider your trading volume and needs before making a decision.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand the importance of comparing fees on different cryptocurrency exchanges. When it comes to Kraken and Kraken Pro, there are some differences in their fee structures. Kraken charges trading fees ranging from 0.16% to 0.26% based on your trading volume in the last 30 days. The deposit fees on Kraken vary depending on the cryptocurrency you are depositing, but most deposits are free. Withdrawal fees also depend on the cryptocurrency, with some having fixed fees and others having percentage-based fees. On the other hand, Kraken Pro offers a tiered fee structure based on your trading volume. The more you trade, the lower your fees will be. Deposits and withdrawals on Kraken Pro are generally free. It's important to note that both platforms may have additional fees for certain services, such as margin trading or fiat currency deposits and withdrawals. Make sure to check their fee schedules for the most accurate and up-to-date information.