Could you please elaborate on the KCS fee imposed by KuCoin? Specifically, I'm curious about the purpose of this fee, how it's calculated, and how it affects traders on the platform. Is it a flat fee or does it vary based on trading volume? Additionally, I'd like to understand if there are any benefits or incentives for traders who hold KCS tokens, such as discounted fees or other perks. This information would be helpful in making informed decisions regarding my trading activities on KuCoin.
8 answers
SamuraiHonor
Fri Jun 28 2024
Introducing KuCoin VIP Program, an exclusive offering for users holding KuCoin Shares (KCS).
Federico
Thu Jun 27 2024
At the highest level, LV3, users with 20,000 or more KCS get the most significant discount: 0.052% for makers and 0.068% for takers.
Bianca
Thu Jun 27 2024
VIP Levels are determined by the amount of KCS held in the user's account.
GeishaMelody
Thu Jun 27 2024
At LV0, users with less than 1,000 KCS enjoy a standard fee rate of 0.080% for both makers and takers.
Stefano
Thu Jun 27 2024
Additionally, KuCoin offers additional benefits and privileges to VIP users, including the option to pay fees with KCS at a 20% discount.