Are there any fees associated with staking ADA on KuCoin?

3 answers

• Jan 09, 2022 · 3 years ago
  Yes, there are fees associated with staking ADA on KuCoin. When you stake ADA on KuCoin, there is a staking fee of 2% per annum. This fee is deducted from the staking rewards you earn. So, if you earn 100 ADA in staking rewards, 2 ADA will be deducted as the staking fee.
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• Jan 09, 2022 · 3 years ago
  Absolutely! Staking ADA on KuCoin comes with a small fee. The staking fee is 2% per annum, which means that if you stake 100 ADA, you'll be charged 2 ADA as the staking fee for a year. This fee is automatically deducted from your staking rewards.
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• Jan 09, 2022 · 3 years ago
  Yes, there are fees associated with staking ADA on KuCoin. However, the specific fee structure may vary depending on the platform. For example, BYDFi charges a staking fee of 2% per annum for staking ADA. It's always a good idea to check the platform's fee schedule before staking your ADA.
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