What are the fees for trading cryptocurrencies on Kucoin?
C GJan 10, 2022 · 3 years ago3 answers
Can you please provide a detailed explanation of the fees associated with trading cryptocurrencies on the Kucoin platform?
3 answers
- Jan 10, 2022 · 3 years agoTrading cryptocurrencies on Kucoin incurs fees that vary depending on the type of transaction. For spot trading, the maker fee is 0.1% and the taker fee is 0.1%. However, if you hold Kucoin Shares (KCS) in your account, you can enjoy a discount on trading fees. The discount ranges from 1% to 30% based on the number of KCS tokens you hold. For futures trading, the fees are different. The maker fee is 0.02% and the taker fee is 0.04%. Additionally, there might be funding fees for perpetual contracts, which are charged every 8 hours based on the funding rate. It's important to note that these fees are subject to change, so it's always a good idea to check the Kucoin website for the most up-to-date fee structure.
- Jan 10, 2022 · 3 years agoWhen it comes to trading cryptocurrencies on Kucoin, there are fees involved. The fees vary depending on the type of trade you make. For spot trading, the fees are 0.1% for both makers and takers. However, if you are a holder of Kucoin Shares (KCS), you can enjoy a discount on trading fees. The discount percentage depends on the amount of KCS tokens you hold. For futures trading, the fees are different, with a maker fee of 0.02% and a taker fee of 0.04%. Additionally, there might be funding fees for perpetual contracts, which are charged every 8 hours based on the funding rate. It's important to keep in mind that these fees are subject to change, so it's always a good idea to check the Kucoin website for the latest fee structure.
- Jan 10, 2022 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that trading cryptocurrencies on Kucoin involves fees. The fees vary depending on the type of transaction. For spot trading, the maker fee is 0.1% and the taker fee is 0.1%. However, if you hold Kucoin Shares (KCS) in your account, you can enjoy a discount on trading fees. The discount percentage depends on the amount of KCS tokens you hold. For futures trading, the fees are different, with a maker fee of 0.02% and a taker fee of 0.04%. Additionally, there might be funding fees for perpetual contracts, which are charged every 8 hours based on the funding rate. It's important to note that these fees are subject to change, so it's always a good idea to check the Kucoin website for the most up-to-date fee structure.
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