Which platform, Coinbase or Kraken, offers lower fees for buying and selling cryptocurrencies?

3 answers

• Dec 18, 2021 · 3 years ago
  When it comes to fees for buying and selling cryptocurrencies, both Coinbase and Kraken have their own fee structures. Coinbase charges a fee based on a percentage of the transaction amount, which can range from 1.49% to 3.99% depending on the payment method and region. On the other hand, Kraken uses a tiered fee structure based on the trading volume in the past 30 days. The fees start at 0.16% for makers and 0.26% for takers, and can go as low as 0% for high-volume traders. Therefore, if you are a high-volume trader, Kraken may offer lower fees compared to Coinbase.
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• Dec 18, 2021 · 3 years ago
  If you're looking for lower fees for buying and selling cryptocurrencies, you might want to consider Kraken. Kraken offers a tiered fee structure that rewards high-volume traders with lower fees. The fees start at 0.16% for makers and 0.26% for takers, and can go as low as 0% for high-volume traders. On the other hand, Coinbase charges a fee based on a percentage of the transaction amount, which can range from 1.49% to 3.99% depending on the payment method and region. So, if you trade frequently and in large volumes, Kraken might be a better option for you in terms of lower fees.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency trading platform, offers competitive fees for buying and selling cryptocurrencies. The fees are based on a tiered structure, with lower fees for higher trading volumes. The fees start at 0.1% for makers and 0.2% for takers, and can go as low as 0% for high-volume traders. Compared to Coinbase and Kraken, BYDFi offers lower fees for buying and selling cryptocurrencies, making it a great choice for cost-conscious traders.
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