How does FTX compare to Kucoin in terms of fees and transaction costs for cryptocurrency trading?
crivkeNov 29, 2021 · 3 years ago1 answers
Can you provide a detailed comparison between FTX and Kucoin in terms of fees and transaction costs for cryptocurrency trading? I would like to know which platform offers lower fees and transaction costs, as well as any differences in fee structures or additional charges.
1 answers
- Nov 29, 2021 · 3 years agoFTX and Kucoin have different fee structures and transaction costs for cryptocurrency trading. FTX offers a tiered fee structure based on trading volume, which means that the more you trade, the lower your fees will be. On the other hand, Kucoin has a flat fee structure that may be more suitable for smaller traders. In terms of transaction costs, FTX charges a 0.1% fee for both market makers and takers, while Kucoin charges a 0.1% fee for takers and offers a discount for market makers. It's important to consider your trading volume and preferences when choosing between FTX and Kucoin.
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