Bitcoin Forum
April 24, 2024, 11:52:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How small can trades be profitable on Kraken?  (Read 236 times)
Plaubird (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
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
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714002762
Hero Member
*
Offline Offline

Posts: 1714002762

View Profile Personal Message (Offline)

Ignore
1714002762
Reply with quote  #2

1714002762
Report to moderator
1714002762
Hero Member
*
Offline Offline

Posts: 1714002762

View Profile Personal Message (Offline)

Ignore
1714002762
Reply with quote  #2

1714002762
Report to moderator
HatZpApA
Full Member
***
Offline Offline

Activity: 158
Merit: 100

xxx


View Profile WWW
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
Plaubird (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
March 01, 2017, 09:44:54 PM
 #3

Thanks a lot :-) - I started trading with 20-50 USD per trade - so this shouldn't be a problem.
ArdiPrabowo
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


View Profile
March 01, 2017, 10:54:05 PM
 #4

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
JeffBrad12
Hero Member
*****
Offline Offline

Activity: 2758
Merit: 522


Leading Crypto Sports Betting & Casino Platform


View Profile
March 01, 2017, 11:13:47 PM
 #5

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.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
pooya87
Legendary
*
Offline Offline

Activity: 3430
Merit: 10498



View Profile
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.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!