How does KuCoin calculate trading fees?

3 answers

• Dec 29, 2021 · 3 years ago
  Sure! KuCoin calculates trading fees based on a tiered system. The more you trade, the lower your fees. The tiers are determined by your 30-day trading volume. The higher your trading volume, the lower your fees will be. This encourages active traders to trade more and rewards them with lower fees. It's a win-win situation for both KuCoin and its users.
  355178
• Dec 29, 2021 · 3 years ago
  KuCoin uses a maker-taker fee model to calculate trading fees. If you place an order that adds liquidity to the market (maker), you pay a lower fee. If you place an order that takes liquidity from the market (taker), you pay a slightly higher fee. This model incentivizes market makers to provide liquidity and ensures that the market remains efficient.
  353118
• Dec 29, 2021 · 3 years ago
  As an expert in the field, I can tell you that KuCoin's fee structure is quite competitive compared to other exchanges. They offer some of the lowest fees in the industry, especially for high-volume traders. This makes KuCoin an attractive choice for those who trade frequently and want to minimize their trading costs. However, it's always a good idea to compare fees across different exchanges to find the best option for your specific trading needs.
  452113