<p><strong>How are fees charged?</strong></p>
<p>They are charged in the currency fee set during a trade.</p>
<blockquote>
<p>Due to a discreet nature of trade matching process, it's rather tricky to give a definite answer on how each individual fee is applied. However, a good rule of thumb is to choose a fee currency when placing an order, as this is the one in which fee will be subtracted.</p>
</blockquote>
<p><strong>Are the fees applied separately from my account's balance? Or are they included in trade costs?</strong></p>
<p>Usually the former is the case - but the latter can occur under certain circumstances:</p>
<blockquote>
<p>Normally, fees are NOT included in a trade and are subtracted from the remaining account balance.</p>
<p>However, if you quote your order in a chosen fee currency (for example, you Buy 500 EUR worth of XBT in XBT/EUR pair), then fee will be included in an order*.</p>
</blockquote>
<p>*This means: if your account's balance is 500€, you'll be able to buy bitcoins worth 500€ minus transaction fees.</p>
<p><strong>Can I set the currency I want my fees to be charged in? Can I choose to be always charged in a single Currency?</strong></p>
<p>Yes to the first, no to the second.</p>
<blockquote>
<p>Fees can be chosen to get applied in either quote or base currency. So if you're trading LTC/XBT, then it's either XBT or LTC. If, however, you're trading XBT/USD, it's either XBT or USD.</p>
</blockquote>
<p>All quotes taken from the Kraken Support Ticket.</p>
<p>Cheers!</p>

CC BY-SA 3.0
2016-03-06T17:04:25.650Z
2016-06-06T09:19:33.210Z
2020-06-16T11:10:03.350Z
deepbrook
<p><strong>How are fees charged when I initiate a trade?</strong></p>

<p>Are they subtracted from my order's volume? Are the fees applied separately from my account's balance? Can I set the currency I want my fees to be charged in?</p>

<p>I have provided the Answer below, including the information given in a support ticket I sent to Kraken Support.</p>

<exchanges><api><buy-bitcoins><sell-bitcoins><exchange-fees>
How are Fees Charged at Kraken?
deepbrook
# How are Fees Charged at Kraken?

(Asked by: username_0 on 2016-03-06)

**How are fees charged when I initiate a trade?**

Are they subtracted from my order's volume? Are the fees applied separately from my account's balance? Can I set the currency I want my fees to be charged in?

I have provided the Answer below, including the information given in a support ticket I sent to Kraken Support.

**Tags:** exchanges, api, buy-bitcoins, sell-bitcoins, exchange-fees


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## 1 answers

### Answer by username_0 on 2016-03-06. Score: 6

**How are fees charged?**

They are charged in the currency fee set during a trade.

> Due to a discreet nature of trade matching process, it's rather tricky to give a definite answer on how each individual fee is applied. However, a good rule of thumb is to choose a fee currency when placing an order, as this is the one in which fee will be subtracted.

**Are the fees applied separately from my account's balance? Or are they included in trade costs?**

Usually the former is the case - but the latter can occur under certain circumstances:

> Normally, fees are NOT included in a trade and are subtracted from the remaining account balance.
>
> However, if you quote your order in a chosen fee currency (for example, you Buy 500 EUR worth of XBT in XBT/EUR pair), then fee will be included in an order\*.

\*This means: if your account's balance is 500€, you'll be able to buy bitcoins worth 500€ minus transaction fees.

**Can I set the currency I want my fees to be charged in? Can I choose to be always charged in a single Currency?**

Yes to the first, no to the second.

> Fees can be chosen to get applied in either quote or base currency. So if you're trading LTC/XBT, then it's either XBT or LTC. If, however, you're trading XBT/USD, it's either XBT or USD.

All quotes taken from the Kraken Support Ticket.

Cheers!


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