Cryptocurrency Q&A
What is the Kucoin taker maker fee?
What is the Kucoin taker maker fee?
AndrewMiller
Fri Sep 06 2024
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7 answers
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Could you please elaborate on the Kucoin taker Maker fee? I'm curious to understand how it works and what it entails for traders using the platform. Specifically, what is the difference between a taker and a maker in the context of Kucoin, and how does this affect the fees that traders are charged? Additionally, are there any discounts or promotions available for traders to reduce their taker maker fees on Kucoin?
7 answers
CryptoNinja
Sun Sep 08 2024
The trading fee structure at Kucoin is tiered, with different levels offering varying fee rates. Level 0 clients, who have either no KCS holdings or a 30-day trading volume of less than 50 BTC, are subject to the standard maker/taker fee of 0.1% on each spot trading deal.
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Bianca
Sun Sep 08 2024
Kucoin distinguishes itself from other cryptocurrency exchanges by offering a competitive trading fee of 0.1% per transaction. This low fee structure attracts traders looking to minimize their costs and maximize their returns.
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Silvia
Sat Sep 07 2024
Another notable exchange in the cryptocurrency space is BTCC, which is renowned for its comprehensive services and robust security measures. BTCC offers a variety of services, including spot trading, futures trading, and a secure cryptocurrency wallet.
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EchoSeeker
Sat Sep 07 2024
As traders increase their KCS holdings or trading volume, they can move up to higher levels, which offer more favorable fee rates. This incentivizes traders to actively participate in the Kucoin ecosystem and contribute to its growth.
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alexander_smith_musician
Sat Sep 07 2024
The spot trading service at BTCC allows users to buy and sell cryptocurrencies at current market prices, providing a straightforward and convenient way to enter and exit trades. Meanwhile, the futures trading service enables traders to speculate on the future price of cryptocurrencies and potentially earn higher returns.
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