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What are the fees associated with buying Fantom on KuCoin?

avatarCochran LaustenNov 25, 2021 · 3 years ago3 answers

Can you please provide details about the fees associated with purchasing Fantom on KuCoin? I would like to know the transaction fees, withdrawal fees, and any other fees that I should be aware of.

What are the fees associated with buying Fantom on KuCoin?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    When buying Fantom on KuCoin, you will be charged a transaction fee of 0.1% of the total purchase amount. This fee is deducted from the amount of Fantom you receive. Additionally, if you decide to withdraw your Fantom from KuCoin, there will be a withdrawal fee of 0.0005 Fantom. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on the KuCoin website before making any transactions.
  • avatarNov 25, 2021 · 3 years ago
    The fees associated with buying Fantom on KuCoin are relatively low compared to other exchanges. The transaction fee of 0.1% is standard in the industry, and the withdrawal fee of 0.0005 Fantom is also quite reasonable. KuCoin is known for its competitive fee structure, which makes it a popular choice among cryptocurrency traders.
  • avatarNov 25, 2021 · 3 years ago
    When purchasing Fantom on KuCoin, you will be charged a transaction fee of 0.1% of the total purchase amount. This fee is deducted from the amount of Fantom you receive. In addition, there is a withdrawal fee of 0.0005 Fantom if you decide to transfer your Fantom to an external wallet. However, it's worth noting that BYDFi, another popular cryptocurrency exchange, offers lower transaction fees of only 0.05% for Fantom purchases. So, if you're looking to minimize your fees, you may want to consider using BYDFi instead.