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How does FTX compare to Kraken in terms of trading fees for cryptocurrencies?

avatarMansur MDec 17, 2021 · 3 years ago1 answers

Can you provide a detailed comparison of the trading fees for cryptocurrencies on FTX and Kraken?

How does FTX compare to Kraken in terms of trading fees for cryptocurrencies?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can say that FTX and Kraken are both popular exchanges with competitive trading fees. FTX is known for its innovative fee structure, which rewards high-volume traders with lower fees. They also have a range of fee discounts and promotions that can further reduce trading costs. On the other hand, Kraken has a more traditional fee model, where fees are based on your trading volume. They offer lower fees for higher volume traders, making them a good choice for active traders. Ultimately, the best exchange for trading fees will depend on your specific trading strategy and volume.