Quote from: Dargo on August 11, 2014, 06:48:38 PM

Thanks for the clarification Perambulator. I'm not sure $50,000 a month in volume is such a small amount.

But either way, we aren't singling out traders in the range you trade for particularly high fees. Even those who trade over a million USD per month will see an increase from 0.05% to 0.1% - also double the rate. The current fee schedule was intended from the start to be a deeply discounted rate. It was discounted by about 50%, so we needed to double fees in order to have a more sustainable fee structure. So just about everyone will see their rate double, in some cases a bit more than double. The one exception to this is the rate for very low volume levels. The rate for the lowest volume level isn't doubling (going from 0.2% to 0.35%). The reason for this, as I've said, is that there was really no benefit to doubling the fee at this lower range, so we decided to start the fee a bit lower than double at the lowest volume tier.

Sorry, I don't buy this... one of your supporting arguements is we had a price that was a 'sale price'.. hmm.. a 'sale' that happened to last for over a year, but now, that 'sale' is over, so you not only increase the base fees, you also vastly increase the volume needed to reduce trading fees. But, you claim that is not because you are aiming for the 80/20 rule - something you admit you have identified in your own business - as 'thats just the way it is with Exchanges'..

The arguement that 'hey, we didnt double the base rate' is more than offset by the changes to volume based fee schedule, which affects far more people by placing them at the bottom of a much longer fee ladder... you agree $50,000 is not a small amount, yet you now offer the rate I used to get to people who trade $700,000... so...

.. seriously, why cant you just be honest, and admit that you want more money, you have identified how to do it based on current usage, and where you want to target customers. Really poor attitude from Kraken and their new approach to 'valued customers'.

Perambulator

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