What are the fees involved when selling BTC on KuCoin?

3 answers

• Dec 25, 2021 · 3 years ago
  When selling BTC on KuCoin, there are several fees that you need to be aware of. Firstly, there is a trading fee which is charged for each trade you make. The trading fee is calculated as a percentage of the total transaction amount. Additionally, there may be a withdrawal fee when you transfer your BTC from KuCoin to another wallet or exchange. The withdrawal fee varies depending on the amount of BTC you are transferring. It's important to note that the fees may change over time, so it's always a good idea to check the latest fee schedule on the KuCoin website.
  568284
• Dec 25, 2021 · 3 years ago
  Selling BTC on KuCoin incurs trading fees, which are charged for each buy or sell order you place. The trading fee is calculated based on your trading volume over the past 30 days. The more you trade, the lower your trading fee will be. In addition to the trading fee, there may be a withdrawal fee when you transfer your BTC out of KuCoin. The withdrawal fee depends on the amount of BTC you are withdrawing and may be subject to change. It's recommended to review the fee schedule on the KuCoin website for the most up-to-date information.
  541181
• Dec 25, 2021 · 3 years ago
  When selling BTC on KuCoin, you will encounter trading fees and withdrawal fees. The trading fee is based on a tiered structure, where the fee percentage decreases as your trading volume increases. The withdrawal fee is determined by the network fee and may vary depending on the current network congestion. It's worth noting that KuCoin offers a fee discount if you hold their native token, KCS. By holding KCS, you can enjoy a reduced trading fee and potentially save on withdrawal fees as well. However, it's important to do your own research and consider the risks before making any investment decisions.
  608152