I'm trying to decide between Kraken and Binance for crypto trading. I want to know which platform has lower fees and is more cost-effective for buying and selling cryptocurrencies.
5 answers
HanbokGlamourQueenElegance
Sun Jan 05 2025
Binance offers spot trading fees that vary between 0% and 0.10%.
AmethystEcho
Sun Jan 05 2025
On the other hand, Kraken charges spot trading fees ranging from 0% to 0.26%.
KatanaGlory
Sun Jan 05 2025
It's important to note that if you are only buying or selling cryptocurrency on Binance and not engaging in trading with other users, you will be charged a higher fee of 0.50%.
Silvia
Sat Jan 04 2025
Binance provides an incentive for users who choose to pay with Binance Coin, offering a 25% discount on trading fees.