What are the fees associated with trading on Kraken Digital?
ravinDec 16, 2021 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with trading on Kraken Digital? I would like to know the different types of fees, their amounts, and how they are calculated.
1 answers
- Dec 16, 2021 · 3 years agoKraken Digital charges different fees for trading activities. The trading fees are based on a maker-taker model, where makers add liquidity to the market and pay lower fees, while takers remove liquidity and pay higher fees. The fee percentages vary depending on your trading volume. In addition to trading fees, Kraken Digital also charges deposit fees and withdrawal fees. The deposit fees depend on the currency you are depositing, and the withdrawal fees depend on the currency you are withdrawing. It's recommended to check the fee schedule on Kraken Digital's website for the most up-to-date information on fees.
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