Author

Topic: Kraken fees - confused !!! (Read 676 times)

sr. member
Activity: 966
Merit: 342
May 27, 2017, 07:47:00 AM
#3
Hi Guys,



Kraken's fee page  https://www.kraken.com/help/fees , shows 0.16% fee for trades with volumes up to 50 000 !!? Is this really just 0.16 % per trade ?  And how is it possible that the fee is so much lower than Coinbase's 1.5 % per trade ?

This will make me seriously  consider switching to Kraken  ASAP.



And never change at Coinbase: they have their own exchange GDAX.com.
Maker fee = 0%
Taker fee = 0.25% (or lower)\

So when you act as maker you have no fee at all. Transferring between Coinbase and GDAX is instant and free
legendary
Activity: 994
Merit: 1000
May 26, 2017, 11:30:43 AM
#2
Fee is different for maker and taker and to understand more about what it mean by maker and taker
Read this : https://money.stackexchange.com/questions/63044/maker-taker-fees-can-somebody-explain-in-plain-english
newbie
Activity: 51
Merit: 0
May 26, 2017, 11:23:23 AM
#1
Hi Guys,



Kraken's fee page  https://www.kraken.com/help/fees , shows 0.16% fee for trades with volumes up to 50 000 !!? Is this really just 0.16 % per trade ?  And how is it possible that the fee is so much lower than Coinbase's 1.5 % per trade ?

This will make me seriously  consider switching to Kraken  ASAP.

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