Cryptocurrency News

Kraken Exchange Reduces Deposit Trading Fees To Zero – Official.

Renowned cryptocurrency exchange Kraken revealed that it has reduced deposit fees to zero across all its over 70 digital assets, starting from today.

The reduction is predicted to bring more stability to pricing between Kraken as well as the DeFi [Decentralized Finance] protocols and applications, Kraken outlined.

“By reducing deposit fees, clients can experience rock bottom possible friction on their crypto journey,” added Jeremy Welch – the chief product officer at Kraken.

Kraken also outlined that it’s preparing for its long-term ambition to offer DeFi products and services from the cryptocurrency exchange.

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