Crypto to Fiat Suddenly More Expensive on Kraken

bubbledouble

🗣️ Active Recruit
Oct 24, 2021
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Has Kraken increased their fees now that they've rolled out the new design?

It suddenly feels a lot more expensive to convert crypto to fiat, more than I ever remember it being before. Has anyone else noticed this?
 
no changes⁠ in OTC spread
Kraken Pro fees are dependent on maker/taker side of the deal (which⁤ you are probably aware of) and didn't change since the last time I checked
the instant buy/sell is a ripoff by design... don't know anyone using it
 
that was the one I used, now I know it's a no‍ go, it's really expensive and more or less a ripp off as you said.
 
I just tried making a conversion, and where it used to cost around $2 to‌ exchange 180 USDT to, say, EUR, it's now about $4, that's a doubling of their‍ fee!
 
If you upgrade to kraken+ you can avoid fees on amounts up to 10K per‌ month, that's sufficient for me. I tried upgrade with the free plan, right now I‍ have 20K Euros I can convert right away to FIAT without costs.
 

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