kraken fees for buying crypto

Kraken's fees for buying crypto vary based on the payment method and the amount of crypto purchased, ranging from 0.10% to 3.75% for maker and taker fees.

Oct 27, 2024 at 08:18 pm

Kraken Fees for Buying Crypto

Kraken is a popular cryptocurrency exchange that offers a variety of cryptocurrencies for trading. The fees for buying crypto on Kraken vary depending on the payment method you use and the amount of crypto you are buying.

Here is a breakdown of the Kraken fees for buying crypto:

1. Maker fees: Maker fees are charged to users who place orders that add liquidity to the market. These fees are typically lower than taker fees.
2. Taker fees: Taker fees are charged to users who place orders that remove liquidity from the market. These fees are typically higher than maker fees.
3. Deposit fees: Kraken charges a fee for depositing funds into your account. The fee varies depending on the payment method you use.
4. Withdrawal fees: Kraken charges a fee for withdrawing funds from your account. The fee varies depending on the cryptocurrency you are withdrawing.
5. Trading fees: Kraken charges a fee for each trade that you make. The fee varies depending on the cryptocurrency you are trading and the amount of crypto you are trading.

The following table shows the Kraken fees for buying crypto for different payment methods:

Payment Method	Maker Fee	Taker Fee
Bank transfer (ACH)	0.5%	0.9%
Bank transfer (wire)	0.10%	0.15%
Credit card	3.75%	3.75%
Stablecoin	0.20%	0.26%

The following table shows the Kraken fees for buying crypto for different amounts of crypto:

Amount of Crypto	Maker Fee	Taker Fee
Less than $100	0.50%	0.90%
$100 to $500	0.40%	0.80%
$500 to $1,000	0.30%	0.70%
$1,000 to $5,000	0.20%	0.60%
More than $5,000	0.10%	0.50%

It is important to note that these fees are subject to change. Please visit the Kraken website for the most up-to-date information on fees.