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How does FTX compare to Kucoin in terms of fees and transaction costs for cryptocurrency trading?

avatarIosu GómezDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed comparison between FTX and Kucoin in terms of fees and transaction costs for cryptocurrency trading? I would like to know which platform offers lower fees and transaction costs, as well as any differences in fee structures or additional charges.

How does FTX compare to Kucoin in terms of fees and transaction costs for cryptocurrency trading?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    FTX and Kucoin have different fee structures and transaction costs for cryptocurrency trading. FTX offers a tiered fee structure based on trading volume, which means that the more you trade, the lower your fees will be. On the other hand, Kucoin has a flat fee structure that may be more suitable for smaller traders. In terms of transaction costs, FTX charges a 0.1% fee for both market makers and takers, while Kucoin charges a 0.1% fee for takers and offers a discount for market makers. It's important to consider your trading volume and preferences when choosing between FTX and Kucoin.