How can I get a discount on fees when using Kraken for buying and selling digital currencies?

3 answers

• May 06, 2022 · 3 years ago
  One way to get a discount on fees when using Kraken is to increase your trading volume. Kraken offers a tiered fee structure, which means that the more you trade, the lower your fees will be. By reaching higher trading volumes, you can unlock lower fee tiers and enjoy reduced trading costs. So, if you're a frequent trader, consider increasing your trading volume to benefit from discounted fees on Kraken.
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• May 06, 2022 · 3 years ago
  Another strategy to get a discount on fees when using Kraken is to take advantage of promotional offers. Kraken occasionally runs promotions where they offer discounted fees for a limited time. Keep an eye on their website, social media channels, and newsletters to stay updated on any ongoing promotions. By participating in these promotions, you can save on fees and maximize your trading profits.
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• May 06, 2022 · 3 years ago
  If you're looking for a third-party solution to reduce fees when using Kraken, you can consider using BYDFi. BYDFi is a platform that offers fee rebates for trading on various exchanges, including Kraken. By connecting your Kraken account to BYDFi, you can earn rebates on your trading fees, effectively reducing your overall costs. This can be a great option for traders who want to optimize their fee structure and save money on their digital currency transactions.
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