What is the fee structure for futures trading on Kraken?
BudSpencerSep 16, 2023 · 2 years ago3 answers
Can you provide a detailed explanation of the fee structure for futures trading on Kraken? I would like to understand the fees involved before I start trading.
3 answers
- James CofferFeb 22, 2023 · 2 years agoSure! When it comes to futures trading on Kraken, there are a few fees to keep in mind. First, there is a taker fee, which is charged when you remove liquidity from the order book. The taker fee starts at 0.02% and decreases as your trading volume increases. Second, there is a maker fee, which is charged when you add liquidity to the order book. The maker fee starts at -0.02% and also decreases as your trading volume increases. Additionally, there may be funding fees for holding positions overnight. These fees vary depending on the specific futures contract. It's important to review the fee schedule on Kraken's website for the most up-to-date information.
- n3m0Feb 09, 2023 · 2 years agoThe fee structure for futures trading on Kraken is designed to be competitive and transparent. By offering tiered fee levels based on trading volume, Kraken incentivizes traders to increase their activity on the platform. This benefits both the traders and the exchange. The fee structure encourages liquidity provision and rewards market makers with lower fees. It's important to note that fees may vary depending on the specific futures contract and the user's trading volume. Traders should always review the fee schedule on Kraken's website to understand the exact fees they will be charged.
- Guvanch GaryagdyyevSep 06, 2020 · 5 years agoAs an expert in the field, I can tell you that Kraken's fee structure for futures trading is quite competitive. With a tiered fee system that rewards high-volume traders, Kraken aims to attract active participants to its platform. The taker fee starts at 0.02% and decreases to as low as 0.005% for high-volume traders. On the other hand, the maker fee starts at -0.02% and can go as low as -0.02% for high-volume traders. Additionally, Kraken offers a fee discount program for market makers who provide liquidity to the order book. This program further reduces the trading fees for eligible traders. Overall, Kraken's fee structure is designed to provide a fair and cost-effective trading experience for futures traders.
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