What are the differences between the slug and Kraken in terms of trading fees?

3 answers

• Skaaning JacobsonMay 21, 2021 · 4 years ago
  When it comes to trading fees, both the slug and Kraken have their own fee structures. The slug offers a tiered fee system, where the fees decrease as your trading volume increases. On the other hand, Kraken has a maker-taker fee model, where makers (those who provide liquidity to the market) pay lower fees compared to takers (those who take liquidity from the market). Overall, the slug might be more cost-effective for high-volume traders, while Kraken could be a better choice for those who trade less frequently.
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• António BandeiraNov 12, 2023 · 2 years ago
  In terms of trading fees, the slug and Kraken have different approaches. The slug charges a fixed fee per trade, regardless of the trading volume. On the other hand, Kraken's fees vary depending on your trading volume and whether you are a maker or a taker. If you are a high-volume trader, the slug's fixed fee structure might be more favorable. However, if you are a smaller trader or prefer the maker-taker model, Kraken could be a better fit for you.
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• BesaSep 15, 2022 · 3 years ago
  When comparing the slug and Kraken in terms of trading fees, it's important to note that the slug is known for its competitive fee structure. With the slug, you can benefit from lower fees as your trading volume increases. On the other hand, Kraken offers a different fee model that caters to both high-volume and low-volume traders. While the slug focuses on a tiered fee structure, Kraken's maker-taker model allows for more flexibility. Ultimately, the choice between the two platforms depends on your trading style and volume.
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