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Are there any fees involved in sending coins from MEW wallet to KuCoin?

avatarRaveno SpannebergDec 27, 2021 · 3 years ago3 answers

I want to send coins from my MEW wallet to KuCoin. Are there any fees involved in this process? I want to make sure I understand all the costs before proceeding.

Are there any fees involved in sending coins from MEW wallet to KuCoin?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, there are fees involved in sending coins from MEW wallet to KuCoin. The fees vary depending on the type of coin you are sending and the current network congestion. It is recommended to check the fee schedule on both MEW and KuCoin platforms for the most accurate information. Keep in mind that transaction fees are typically deducted from the amount you are sending, so make sure to account for that when initiating the transfer.
  • avatarDec 27, 2021 · 3 years ago
    Sending coins from MEW wallet to KuCoin does involve fees. The fees are usually charged by the blockchain network and not specific to MEW or KuCoin. The fees can vary depending on the network's current congestion and the type of coin you are sending. It's always a good idea to check the fee schedule on both platforms to get an estimate of the costs involved. Additionally, some exchanges may charge a small withdrawal fee on their end, so it's worth considering that as well.
  • avatarDec 27, 2021 · 3 years ago
    When sending coins from your MEW wallet to KuCoin, there will be fees involved. These fees are determined by the blockchain network and can vary depending on factors such as network congestion and the specific coin you are sending. It's important to note that MEW and KuCoin themselves do not charge any additional fees for this transaction. To get an accurate estimate of the fees, you can check the fee schedule on the respective blockchain explorer or use a fee estimation tool. Keep in mind that the fees are deducted from the total amount you are sending, so make sure to account for that when planning your transfer.