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What are the fees for trading cryptocurrency on Kraken in New York?

avatarSyeda Saema TabassumDec 18, 2021 · 3 years ago1 answers

Can you provide details about the fees associated with trading cryptocurrency on the Kraken exchange in New York? I would like to know the fees for both buying and selling cryptocurrencies, as well as any additional charges or hidden costs that may be involved.

What are the fees for trading cryptocurrency on Kraken in New York?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As a representative of BYDFi, I can tell you that trading cryptocurrency on Kraken in New York is subject to certain fees. These fees include trading fees, which are based on a tiered structure determined by your trading volume over a 30-day period. The more you trade, the lower your fees will be. In addition to trading fees, there may be deposit and withdrawal fees associated with moving funds in and out of your Kraken account. It's important to review Kraken's fee schedule and consider these costs when trading on the platform. However, it's also worth noting that Kraken is known for its robust security measures and wide range of available cryptocurrencies, making it a popular choice among traders.