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Author Topic: How small can trades be profitable on Kraken?  (Read 204 times)
Plaubird
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March 01, 2017, 08:35:29 PM
 #1

When I'm right, you have to pay 0.16/0.26% per trade on Kraken. So, it doesn't depend on the amount you trade. This means, if you buy BTC (for example with USD) and sell them each time 1% higher, you make a profit of at least 0.48%, even if the volume is very low (for exemple 20 USD). Am I right?

Thanks for your help Smiley
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March 01, 2017, 09:41:34 PM
 #2

That seems right , but what you might wanna check and be sure of , is the existence of an actual minimum trade , like 10k sat or even some more.
All this information should be included in their policy page

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March 01, 2017, 09:44:54 PM
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Thanks a lot :-) - I started trading with 20-50 USD per trade - so this shouldn't be a problem.
ArdiPrabowo
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March 01, 2017, 10:54:05 PM
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you can read in kraken policy and FAQ
if youre volume trading in monthly  under 50k dollar you can get change fee maker 0.16%   fee taker    0.26%    not mean every trade must 50k dollar
but only volume transaction in youre trade in monthly
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March 01, 2017, 11:13:47 PM
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Thanks a lot :-) - I started trading with 20-50 USD per trade - so this shouldn't be a problem.
Nope, i trading on kraken since long time ago, and the fees percentage still depend on your total amount.

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pooya87
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March 02, 2017, 05:20:30 AM
 #6

this is true about all the exchanges out there. although some of them have a "minimum volume" for transactions. for example last time i checked cex.io had 0.01BTC (currently $12) minimum for each order size.
but most of the exchanges that i have seen (mostly altcoin exchanges) have a very small min such as 0.0001BTC.
some say this in their fee page and some others don't and you have to check it by trying to submit a tiny (eg 1 satoshi) order so it shows the error.

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