Are there any fees associated with Poet trading on Kucoin?
Nduduzo NjencaneDec 25, 2021 · 3 years ago3 answers
I'm interested in trading Poet on Kucoin. Can you tell me if there are any fees associated with it?
3 answers
- Dec 25, 2021 · 3 years agoYes, there are fees associated with trading Poet on Kucoin. When you place a buy or sell order, Kucoin charges a trading fee of 0.1% of the transaction amount. This fee is deducted from the total value of your trade. Keep in mind that there may be additional fees for depositing or withdrawing Poet from your Kucoin account, depending on the payment method you choose.
- Dec 25, 2021 · 3 years agoAbsolutely! Trading Poet on Kucoin comes with a small fee. For every trade you make, Kucoin charges a trading fee of 0.1%. This fee is automatically deducted from your account balance. It's important to note that this fee is standard across most cryptocurrency exchanges and helps to support the platform's operations and security measures.
- Dec 25, 2021 · 3 years agoYes, there are fees associated with trading Poet on Kucoin. When you buy or sell Poet, Kucoin charges a trading fee of 0.1%. However, if you hold Kucoin's native token KCS, you can enjoy a discounted trading fee. The exact discount depends on your KCS holdings. So, if you plan on trading Poet frequently, it might be worth considering holding some KCS to reduce your trading fees on Kucoin.
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