Are there any fees for withdrawing XRP from Kucoin?
busitema univessityJan 09, 2022 · 3 years ago3 answers
Can you tell me if there are any fees associated with withdrawing XRP from Kucoin? I'm considering using Kucoin as my exchange for XRP, but I want to make sure I understand all the costs involved.
3 answers
- Jan 09, 2022 · 3 years agoYes, there are fees for withdrawing XRP from Kucoin. The withdrawal fee for XRP on Kucoin is 0.25 XRP. This fee is deducted from the total amount you withdraw. So, if you withdraw 100 XRP, you will receive 99.75 XRP in your wallet after deducting the fee. It's important to consider this fee when planning your withdrawals.
- Jan 09, 2022 · 3 years agoAbsolutely! When you withdraw XRP from Kucoin, there is a fee of 0.25 XRP. This fee is standard across many exchanges and helps cover the costs of processing and securing the transaction. Keep in mind that the fee is subject to change, so it's always a good idea to check the latest fee schedule on Kucoin's website before making any withdrawals.
- Jan 09, 2022 · 3 years agoYes, there are fees for withdrawing XRP from Kucoin. The current withdrawal fee for XRP is 0.25 XRP. However, if you hold a certain amount of Kucoin Shares (KCS), you can enjoy a discounted withdrawal fee. The exact discount depends on the amount of KCS you hold. So, if you're a frequent XRP trader on Kucoin, it might be worth considering holding some KCS to reduce your withdrawal fees.
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