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Homeweb3.0The difference between kraken and kraken pro

The difference between kraken and kraken pro

Apr 25, 2024 am 10:11 AM
cryptocurrencyexchangetrading platform

Compared with Kraken, KrakenPro is aimed at professional traders and provides lower fees and advanced trading features, such as margin trading, futures trading and advanced order types, and supports a wider variety of deposit and withdrawal methods. Beginners and casual traders are better off with the easier-to-use interface of Kraken, which offers lower fees and basic trading features.

The difference between kraken and kraken pro

The difference between Kraken and Kraken Pro

Kraken and Kraken Pro are two cryptos offered by the Kraken exchange Currency trading platform. While they all offer similar functionality, they target different user groups and needs.

Main Differences

The main differences are the fee structure and advanced trading features:

Fee Structure: Kraken Pro is for professional trading Provide lower transaction fees for traders and high-volume users. Kraken, on the other hand, is aimed at beginners and casual traders, and its trading fees are slightly higher.

Advanced Trading Features: Kraken Pro offers advanced trading tools such as margin trading, futures trading, and advanced order types. Kraken does not have these features.

Other Differences

In addition to fees and advanced trading features, there are some other differences between Kraken and Kraken Pro:

  • Interface: Kraken Pro has a simpler and more professional interface, while Kraken is more suitable for beginners.
  • Support: Kraken Pro offers more comprehensive support, including phone support and priority support.
  • Deposits and Withdrawals: Kraken Pro supports a wider variety of deposit and withdrawal methods.
  • Asset Types: Kraken Pro offers a wider variety of cryptocurrencies and trading pairs.

Which platform to choose

Choose Kraken or Kraken Pro depending on your trading needs and level:

  • If you are a beginner or casual trader: Kraken is a suitable platform with an easy-to-use interface, low fees, and basic trading features.
  • If you are a professional trader or high-volume user: Kraken Pro offers lower fees, advanced trading tools, and more comprehensive support.

In short, Kraken and Kraken Pro are two platforms targeting different user groups. Kraken is suitable for beginners and casual traders, while Kraken Pro is suitable for professional traders and high-volume users.

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