SsamziegangSerenadeMelodyHarmonySoulWed Oct 16 2024|7 answers1039
I'm wondering about the fees KuCoin charges specifically for KCS. I want to know how much they charge for transactions involving KCS on their platform.
This fee reduction for Level 12 clients is a significant benefit, as it allows them to execute trades at a lower cost compared to other traders. Moreover, the reduced fee structure encourages traders to increase their trading volume and hold more KCS, contributing to the growth and adoption of the KuCoin ecosystem.
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EleonoraFri Oct 18 2024
KuCoin offers a unique fee structure that incentivizes users to trade with KCS, its native cryptocurrency. By paying with KCS, traders can enjoy a reduced taker fee of 0.056%, making transactions more cost-effective.
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SilviaFri Oct 18 2024
For high-volume traders, KuCoin provides an even more attractive fee structure. Clients who reach Level 12, which requires either holding more than 150,000 KCS (equivalent to 0.16% of the total supply) or achieving a 30-day trading volume of over 80,000 BTC, enjoy a taker fee of just 0.025%.
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ElenaThu Oct 17 2024
The combination of these services makes BTCC a popular choice for cryptocurrency traders and investors. By offering a range of trading options, wallet services, and other features, BTCC helps users to stay connected to the latest developments in the digital asset space and take advantage of emerging opportunities.
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MountFujiMysticThu Oct 17 2024
In addition to the reduced taker fee, Level 12 clients also enjoy a negative maker fee of 0.005%. This means that instead of paying a fee for placing an order that adds liquidity to the market, they actually receive a rebate. This incentivizes traders to act as market makers, providing liquidity and helping to maintain a healthy and active trading environment.