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does kraken pro have fees

Kraken Pro charges trading fees based on monthly volume, ranging from 0.16% for takers in the lowest tier to negotiable fees for traders with $5 million or more monthly volume.

Oct 31, 2024 at 01:19 am

Yes, Kraken Pro charges fees for various transactions, including trading, deposits, and withdrawals.

1. Trading Fees:

Kraken Pro uses a tiered fee structure based on trading volume. The following trading fee tiers apply:

  • Tier 1 (0 - $50,000 USD monthly trading volume):

    • 0.16% taker fee
    • 0.08% maker fee
  • Tier 2 ($50,000 - $100,000 USD monthly trading volume):

    • 0.14% taker fee
    • 0.07% maker fee
  • Tier 3 ($100,000 - $500,000 USD monthly trading volume):

    • 0.12% taker fee
    • 0.06% maker fee
  • Tier 4 ($500,000 - $1,000,000 USD monthly trading volume):

    • 0.10% taker fee
    • 0.05% maker fee
  • Tier 5 ($1,000,000 - $5,000,000 USD monthly trading volume):

    • 0.08% taker fee
    • 0.04% maker fee
  • Tier 6 ($5,000,000+ USD monthly trading volume):

    • Negotiable fees

2. Deposit Fees:

  • Cryptocurrency deposits: Free for most cryptocurrencies.
  • Fiat currency deposits: Vary depending on the deposit method and currency.

3. Withdrawal Fees:

  • Cryptocurrency withdrawals: Vary depending on the cryptocurrency.
  • Fiat currency withdrawals: Vary depending on the withdrawal method and currency.

4. Additional Fees:

  • Margin trading: 0.15% daily interest rate on borrowed funds.
  • Staking: Variable fees depending on the cryptocurrency and staking pool.
  • OTC trading: Negotiable fees for large-volume trades.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

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