Beginning December 15, 2022 0:00 UTC by means of February 15, 2022 11:59 UTC*, we’ll supply 0% maker and 0.08% taker charges on choose spot pairs to qualifying purchasers as a part of our $100M+ quantity charge tier trial.
Who’s eligible?
All purchasers who commerce over $100M in whole spot crypto quantity on a 30-day rolling foundation will routinely be positioned within the trial’s new charge tier.
Buying and selling quantity is calculated throughout all traded pairs aside from markets the place stablecoins or fiat currencies are the bottom forex (the primary forex listed in a pair – in USDC/USD, USDC is the bottom forex). Click on right here for more information on how buying and selling charges for our stablecoins and FX pairs work.
The 30-day rolling quantity is computed on a steady foundation.
What Kraken platforms are included within the trial?
The trial applies to pairs which might be traded straight on spot order books, together with through cellular, net and API, however does not embody pairs traded on the Kraken Client App or Kraken Futures.
How do the trial’s charges differ from Kraken’s said charges?
We cost a charge once we match consumer orders. The charge ranges from 0% (0 bps) to 0.26% (26 bps) of the entire price (worth) of your order and relies on the next:
For this trial, we’re introducing the $100M+ quantity charge tier as a part of our spot crypto buying and selling charge schedule. Purchasers who attain $100M in 30-day buying and selling quantity will now incur 8 bps (as a substitute of 10 bps) taker charges when buying and selling the 309 spot pairs included within the trial.
The trial will run on 50% of crypto pairs provided on Kraken from December 15, 2022 0:00 UTC by means of February 15, 2022 11:59 UTC.
How can I affirm I’m eligible?
All purchasers are eligible so long as they meet the required quantity threshold.
The simplest option to inform in the event you’re eligible is through your Price Schedule (Charges) progress bar. You may preserve observe of your present charges and progress towards decrease charges by wanting on the Charges progress bar in your account overview:
- Choose the Kraken emblem on the higher left if you end up logged in to your account
- Scroll down under commerce balances
Please be aware that the charge schedule progress bar is market-specific and can solely present charges that apply to your at the moment chosen market:
Don’t hesitate to attain out to an account supervisor or Kraken help in case you have any questions on participation within the trial. Our groups can be found 24/7.
Why is Kraken operating this trial?
This trial will allow consumer methods which might be extraordinarily fee-sensitive and permit us to evaluate the general affect on order e-book liquidity. We may also be capable of see how the brand new charges affect our buying and selling ecosystem.
Which spot buying and selling pairs can be included and why?
Included buying and selling pairs present the trial with 50% protection of our markets, each by way of variety of markets and buying and selling quantity.
To be able to programmatically decide which pairs are included within the trial, you’ll be able to name the /AssetPairs public endpoint on our REST API, the place charges for a selected pair can be returned as a part of the Charges array.
Click on right here for more information on the right way to use our API. Click on right here for our REST API documentation.
Contact your account supervisor or Kraken help with any questions.
The next 309 spot pairs can be included within the trial:
*Kraken reserves the proper to vary the tip date of the $100M+ charge tier trial. Members can be notified by Kraken within the occasion of such a change.
These supplies are for basic info functions solely and aren’t funding recommendation or a suggestion or solicitation to purchase, promote or maintain any cryptoasset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you is probably not protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and it is best to search unbiased recommendation in your taxation place.