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Do I need to pay any fees when trading Poet on Kucoin?

avatarPavan PwsDec 25, 2021 · 3 years ago3 answers

What are the fees associated with trading Poet on Kucoin? Are there any transaction fees or other charges that I need to be aware of?

Do I need to pay any fees when trading Poet on Kucoin?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees when trading Poet on Kucoin. Kucoin charges a trading fee of 0.1% for both makers and takers. This fee is deducted from the total value of your trade. Additionally, there may be network fees when depositing or withdrawing Poet from the exchange. It's important to check the fee schedule on Kucoin's website for the most up-to-date information.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Like any other exchange, Kucoin charges fees for trading Poet. The trading fee is 0.1% for both buying and selling Poet. However, if you hold Kucoin's native token KCS, you can enjoy a discounted trading fee. Make sure to check the fee structure on Kucoin's platform to get the exact details on fees and any potential discounts.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are fees associated with trading Poet on Kucoin. The trading fee is 0.1% for both makers and takers. However, if you are a VIP member on Kucoin, you may be eligible for lower trading fees. It's always a good idea to review the fee schedule on Kucoin's website to understand the exact fees and any potential discounts based on your membership level.