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.