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Are there any fees for withdrawing XRP from Kucoin?

avatarbusitema 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.

Are there any fees for withdrawing XRP from Kucoin?

3 answers

  • avatarJan 09, 2022 · 3 years ago
    Yes, 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.
  • avatarJan 09, 2022 · 3 years ago
    Absolutely! 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.
  • avatarJan 09, 2022 · 3 years ago
    Yes, 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.