does kucoin charge fees

KuCoin imposes fees on specific transactions, including trading (0.012% for makers and 0.02% for takers), withdrawals (e.g., 0.0005 BTC for Bitcoin), and margin trading (0.025% for takers).

Nov 02, 2024 at 06:11 am

Does KuCoin Charge Fees?

Yes, KuCoin charges fees for certain transactions. Here is a breakdown of the fees:

1. Trading Fees:

• Maker: 0.012%
• Taker: 0.02%

2. Withdrawal Fees:

Fees vary depending on the cryptocurrency being withdrawn. Here are some examples:

• Bitcoin (BTC): 0.0005 BTC
• Ethereum (ETH): 0.01 ETH
• Tether (USDT): 1 USDT (TRC-20)

3. Deposit Fees:

KuCoin does not charge fees for cryptocurrency deposits.

4. Margin Trading Fees:

• Taker Fees: 0.025%
• Maker Fees: 0.015%
• Interest on Margin Loans: Varies depending on the cryptocurrency borrowed

5. Additional Fees:

• STP (Smart Trade Placement) Fee: 0.02%
• ITO Token Exchange Fee: 1%

6. VIP Program:

VIP users receive reduced trading fees based on their trading volume.

7. Special Promotions:

KuCoin occasionally offers discounts or promotions on trading fees.

Conclusion:

KuCoin charges fees for certain transactions such as trading, withdrawals, and margin trading. However, the fees are generally competitive compared to other cryptocurrency exchanges. VIP users and those who participate in special promotions may receive reduced fees.