What is the pricing structure for trading on Kraken?
Bengtson JohanssonApr 30, 2022 · 3 years ago3 answers
Can you explain the pricing structure for trading on Kraken in detail? How are fees calculated and what are the different fee tiers?
3 answers
- Apr 30, 2022 · 3 years agoSure! When it comes to trading on Kraken, the pricing structure is based on a maker-taker model. Makers are traders who add liquidity to the order book by placing limit orders that are not immediately matched with existing orders. Takers are traders who remove liquidity from the order book by placing market orders or limit orders that are immediately matched with existing orders. Makers are charged lower fees compared to takers, as they contribute to the overall market liquidity. The fee tiers are determined by the trading volume over a 30-day period. Higher trading volumes result in lower fees. You can find the detailed fee schedule on Kraken's website.
- Apr 30, 2022 · 3 years agoThe pricing structure on Kraken is designed to incentivize market makers and provide competitive fees for traders. By offering lower fees to makers, Kraken encourages the creation of liquidity in the market, which benefits all traders. The fee tiers are based on a sliding scale, where higher trading volumes result in lower fees. This means that as your trading volume increases, you will be eligible for reduced fees. It's important to note that fees may vary depending on the specific trading pair and the type of order you place. Make sure to check Kraken's fee schedule for the most up-to-date information.
- Apr 30, 2022 · 3 years agoAt BYDFi, we understand the importance of transparent pricing structures for traders. When it comes to Kraken, the pricing structure is based on a maker-taker model. Makers, who add liquidity to the market, are charged lower fees compared to takers, who remove liquidity. The fee tiers are determined by the trading volume over a 30-day period, with higher volumes resulting in lower fees. It's important to note that fees may vary depending on the specific trading pair and the type of order you place. For the most accurate and up-to-date fee information, I recommend checking Kraken's official website.
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