How does the size of a Kraken order affect transaction fees?

1 answers

• mohammadrezaDec 08, 2024 · 7 months ago
  As an expert in the field, I can confirm that the size of a Kraken order does have an impact on transaction fees. Generally, larger orders attract higher fees compared to smaller ones. This is because larger orders require more resources to process and execute, which results in higher costs for the exchange. Kraken employs a tiered fee structure, where the fee percentage decreases as the order size increases. This means that if you place a larger order, you may benefit from a lower fee percentage. However, it's important to note that the total fee amount may still be higher for larger orders due to the larger transaction size. It's always a good idea to consider the potential fees when placing orders on Kraken to ensure they align with your trading strategy.
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