Kraken fees - confused !!!

[zzert1234]

Hi Guys,



Kraken's fee page  https://www.kraken.com/help/fees , shows 0.16% fee for trades with volumes up to 50 000 !!? Is this really just 0.16 % per trade ?  And how is it possible that the fee is so much lower than Coinbase's 1.5 % per trade ?

This will make me seriously  consider switching to Kraken  ASAP.

[~Bitcoin~]

Fee is different for maker and taker and to understand more about what it mean by maker and taker
Read this : https://money.stackexchange.com/questions/63044/maker-taker-fees-can-somebody-explain-in-plain-english

[brobbel]

Hi Guys,



Kraken's fee page  https://www.kraken.com/help/fees , shows 0.16% fee for trades with volumes up to 50 000 !!? Is this really just 0.16 % per trade ?  And how is it possible that the fee is so much lower than Coinbase's 1.5 % per trade ?

This will make me seriously  consider switching to Kraken  ASAP.

And never change at Coinbase: they have their own exchange GDAX.com.
Maker fee = 0%
Taker fee = 0.25% (or lower)\

So when you act as maker you have no fee at all. Transferring between Coinbase and GDAX is instant and free