Cryptocurrency Q&A
How much does Kraken take when you sell?
How much does Kraken take when you sell?
Chiara
Tue Oct 01 2024
|
7 answers
1313
I'm curious about the fees associated with selling cryptocurrency on Kraken. Can you explain to me how much Kraken takes when I make a sale? Are there any hidden costs or variable rates I should be aware of? Understanding the full financial picture is important to me before making any transactions, so I'd appreciate a clear and concise breakdown of the fees involved.
7 answers
Ilaria
Wed Oct 02 2024
Takers in the futures market, on the other hand, face fees ranging from 0.05% to 0.01%, depending on their trading volume. This fee structure balances the needs of liquidity providers and takers, ensuring a well-functioning and efficient market.
Was this helpful?
399
60
Sara
Wed Oct 02 2024
Kraken, a renowned cryptocurrency exchange, adopts a maker/taker fee structure for its trading services. This fee model is tailored to incentivize market liquidity and encourage active participation in the platform.
Was this helpful?
57
26
Martino
Wed Oct 02 2024
BTCC, another top cryptocurrency exchange, offers a comprehensive range of services to cater to various investor needs. Its service portfolio includes spot trading, futures trading, and a secure wallet solution, among others.
Was this helpful?
322
32
Pietro
Wed Oct 02 2024
For spot trading on Kraken, makers enjoy a fee range starting from 0.25% and gradually decreasing to 0% as their trading volume increases. This discount structure rewards traders who contribute to the order book by placing buy or sell orders that add depth and liquidity.
Was this helpful?
100
59
TimeRippleOcean
Wed Oct 02 2024
Conversely, takers on Kraken's spot market are charged a fee ranging from 0.4% to 0.1%, depending on their trading volume. Takers are those who execute trades by matching with existing orders in the order book, thereby removing liquidity.
Was this helpful?
226
55
Load 5 more related questions
