Cryptocurrency Q&A
How does Kraken make money?
How does Kraken make money?
KpopMelody
Fri Mar 29 2024
|
6 answers
1272
Could you explain to me how Kraken generates revenue? As a leading crypto exchange, I'm curious about its business model and how it manages to stay afloat in the highly competitive market. Do they charge transaction fees for each buy and sell order? Or do they earn through other means, like providing financial services or managing crypto funds? I'd appreciate it if you could break it down for me in layman's terms.
6 answers
mia_rose_lawyer
Sun Mar 31 2024
The fee schedules differ depending on whether the trading is spot trading, margin trading, or futures trading.
Was this helpful?
160
39
charlotte_bailey_doctor
Sun Mar 31 2024
Spot trading fees are charged based on the volume and type of transaction.
Was this helpful?
323
77
EtherWhale
Sun Mar 31 2024
Margin and futures trading fees may include additional charges for leverage and funding.
Was this helpful?
156
74
SeoulSerenitySeekerPeace
Sun Mar 31 2024
Kraken generates a significant portion of its revenue from transaction fees.
Was this helpful?
292
42
ShadowFox
Sun Mar 31 2024
Kraken's fee structure is designed to incentivize higher trading volumes, rewarding active traders with lower fees.
Was this helpful?
229
83
Load 5 more related questions
