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Are there any fees involved in transferring Luna from KuCoin to Terra Station?

avatarDenise SchleierDec 26, 2021 · 3 years ago3 answers

I am planning to transfer Luna from KuCoin to Terra Station. Are there any fees involved in this transfer? I want to make sure I understand the costs before proceeding.

Are there any fees involved in transferring Luna from KuCoin to Terra Station?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees involved in transferring Luna from KuCoin to Terra Station. The fees vary depending on the amount you are transferring and the current network congestion. It's always a good idea to check the fee schedule on both KuCoin and Terra Station before making the transfer to get an accurate estimate of the fees.
  • avatarDec 26, 2021 · 3 years ago
    Transferring Luna from KuCoin to Terra Station does involve fees. The fees are usually a small percentage of the total amount being transferred. It's important to note that these fees are not set by KuCoin or Terra Station, but rather by the underlying blockchain network. So, the fees may vary depending on the network conditions at the time of the transfer.
  • avatarDec 26, 2021 · 3 years ago
    When transferring Luna from KuCoin to Terra Station, there will be fees involved. These fees are charged by the blockchain network to process the transaction. The exact amount of the fees can vary depending on factors such as network congestion and the size of the transfer. It's recommended to check the fee schedule on both KuCoin and Terra Station to get an idea of the fees before initiating the transfer. Additionally, it's worth noting that the fees may change over time due to network conditions.