this is true about all the exchanges out there. although some of them have a "minimum volume" for transactions. for example last time i checked cex.io had 0.01BTC (currently $12) minimum for each order size.
but most of the exchanges that i have seen (mostly altcoin exchanges) have a very small min such as 0.0001BTC.
some say this in their fee page and some others don't and you have to check it by trying to submit a tiny (eg 1 satoshi) order so it shows the error.
Topic: How small can trades be profitable on Kraken? (Read 237 times)
Thanks a lot :-) - I started trading with 20-50 USD per trade - so this shouldn't be a problem.
Nope, i trading on kraken since long time ago, and the fees percentage still depend on your total amount.
you can read in kraken policy and FAQ
if youre volume trading in monthly under 50k dollar you can get change fee maker 0.16% fee taker 0.26% not mean every trade must 50k dollar
but only volume transaction in youre trade in monthly
if youre volume trading in monthly under 50k dollar you can get change fee maker 0.16% fee taker 0.26% not mean every trade must 50k dollar
but only volume transaction in youre trade in monthly
Thanks a lot :-) - I started trading with 20-50 USD per trade - so this shouldn't be a problem.
That seems right , but what you might wanna check and be sure of , is the existence of an actual minimum trade , like 10k sat or even some more.
All this information should be included in their policy page
All this information should be included in their policy page
When I'm right, you have to pay 0.16/0.26% per trade on Kraken. So, it doesn't depend on the amount you trade. This means, if you buy BTC (for example with USD) and sell them each time 1% higher, you make a profit of at least 0.48%, even if the volume is very low (for exemple 20 USD). Am I right?
Thanks for your help
Thanks for your help
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