NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Bitcoin Exchange Kraken Reduces Transaction Fees

newsbtc
newsbtc
1 year ago
2 mins read
Bitcoin Exchange Kraken Explores Canadian Market with Vogogo

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin exchange Kraken recently announced that they will be reducing transaction fees incurred in trades, as they are moving towards a “maker taker” fee model. This means that market makers will be able to provide the liquidity to “takers” or traders.

The company shared its revised fees in its latest blog post and said that this new model will reward market makers for providing liquidity to the bitcoin exchange market. The maker fee applies when a user adds liquidity to the Kraken order book by placing a limit buy below market price or a limit sell above market price. The maker fee is paid only when such orders are taken by new incoming orders.

Bitcoin Exchange Fees

Meanwhile, the taker fee applies when a user removes liquidity from the bitcoin exchange order book by placing a market or limit order that executes immediately against a limit order already on the book. All advanced orders on their exchange platform trigger either market or limit orders and the triggered market or limit order will be maker or taker.

With that, market makers will have more incentives to provide liquidity, as this could entitle them to bigger savings on their transactions costs. Takers could still benefit from this model which could be offset by deeper liquidity and potentially tighter spreads.

In particular, the new fees are: For the bitcoin-fiat pairs, the maker fee goes as low as 0% and up to 0.16% depending on the amount traded. The taker fee goes as low as 0.10% and up to 0.26% depending on the amount traded.

According to the bitcoin exchange, these updated fees and revised market model comes by popular demand since most of their clients requested for an overall reduction in transactions costs. The revised fee structure will take effect on August 1, 2015.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Rischia Prese di Profitto a Settembre Nonostante l’Aumento di 638 Milioni di Dollari negli ETF

Ethereum (ETH) continua ad attirare l’attenzione istituzionale, con forti afflussi negli ETF spot che evidenziano la crescente domanda. Afflussi Record...

clararosati 3 hours ago
한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

한국, 벤처기업 제한업종서 암호화폐 해제… 프리세일 수혜주로 페페노드 관심 집중

한국 정부가 9월 16일부터 벤처기업을 대상으로 한 암호화폐 관련 규제를 해제한다. 이에 따라 벤처기업들은 보다 손쉽게 자금 조달 경로를 확보하고 세제 혜택을 누릴 수 있게 됐다....

Soyeon Lee 3 hours ago
Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

Gemini and SEC Settlement Sparks Buzz Around the Next Crypto to Explode

The crypto world just got some rare good news. After years of fighting, Gemini and the SEC have finally agreed...

Aaron Walker 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Is Trump te laat met FED rate cuts? Bitcoin koers blijkt top te hebben bereikt

Is Trump te laat met FED rate cuts? Bitcoin koers blijkt top te hebben bereikt

Lars Diederiksen 1 hour ago
From PayPal to Best Wallet: The New Era of Peer-to-Peer Payments

From PayPal to Best Wallet: The New Era of Peer-to-Peer Payments

Aaron Walker 1 hour ago
dOGECOIN

Imetniki Dogecoina in Pepeja se obračajo k Pepenode

tanjapotocnik 2 hours ago

Premium Sponsors

Press Releases

  • ビットコイン 今後の価格予測:119,500ドル突破を前に戦略的買い増し

    ビットコイン...

    25 minutes ago
  • パイネットワーク 価格とカルダノの動向

    パイネットワーク...

    47 minutes ago
  • Arderile masive de tokenuri continuă la Wall Street Pepe – deja au dispărut 3,6 miliarde WEPE și numărul este în creștere

    Arderile masive de tokenuri continuă la Wall Street Pepe...

    2 hours ago
  • Masivna spaljivanja tokena nastavljaju se u Wall Street Pepe – nestalo već 3,6 milijardi WEPE i brojka raste

    Masivna spaljivanja tokena nastavljaju se u Wall Street...

    4 hours ago
  • bitcoin price

    Đợt Bull Run Tiếp Theo Có Thể Đưa Giá Trị Lên...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.