Kraken Pro’s new fee structure is designed to attract high-volume traders and reward exchange loyalty. At first glance, this might seem like a straightforward crypto story, but it becomes more useful when you consider the broader market context. Changes to exchange fees are a key part of that picture.
Frequently Asked Questions
Here is a list of FAQs regarding Kraken Pros updated fee structure designed to be clear and helpful for both new and experienced traders
General Definitions
Q What is changing with Kraken Pros fees
A Kraken Pro is lowering trading fees for highvolume traders and introducing a loyalty program The goal is to reward users who trade a lot and have been with the platform for a long time
Q What does highvolume trader mean
A It generally refers to users who trade large amounts of cryptocurrency within a 30day period The exact thresholds will be outlined in the new fee tiers
Q What is the loyalty reward you mentioned
A Its a benefit for longterm users Depending on how long youve had your account you may qualify for lower fees or additional perks even if you dont trade massive volumes
Q Do these changes affect Krakens main platform or just Kraken Pro
A These changes are specifically for Kraken Pro The standard Kraken platform has a separate simpler fee structure
Benefits Eligibility
Q How do I qualify for the lower fees
A You qualify automatically based on your 30day trading volume and your account age Kraken will calculate this for you There is no need to sign up for a special tier
Q Will my fees go down if I trade more
A Yes The more you trade in a rolling 30day period the lower your maker and taker fees become This is the main incentive for highvolume traders
Q Ive had my Kraken account for 3 years Do I get a discount
A Likely yes The loyalty program rewards account age The exact discount will depend on how many years youve been a client but older accounts get better rates
Q Do these new fees apply to all trading pairs
A Yes the new fee tiers apply to all spot trading pairs on Kraken Pro However staking and margin trading may have separate fee structures
Practical Use Examples