What is the fee structure for perpetual futures on KuCoin?
Cre TeilDec 16, 2021 · 3 years ago3 answers
Can you please provide a detailed explanation of the fee structure for perpetual futures on KuCoin? I would like to understand how the fees are calculated and if there are any additional charges or discounts based on trading volume or other factors.
3 answers
- Dec 16, 2021 · 3 years agoSure! The fee structure for perpetual futures on KuCoin is based on a maker-taker model. Makers, who provide liquidity to the order book by placing limit orders that are not immediately matched, are charged a lower fee. Takers, who remove liquidity by placing market orders that are immediately matched, are charged a higher fee. The exact fee rates depend on the user's trading volume in the past 30 days. Higher trading volumes usually result in lower fees. Additionally, KuCoin offers a fee discount program for users who hold and use the platform's native token, KCS. By holding KCS, users can enjoy reduced trading fees and other benefits. Overall, the fee structure is designed to incentivize liquidity provision and reward active traders.
- Dec 16, 2021 · 3 years agoThe fee structure for perpetual futures on KuCoin is designed to be competitive and transparent. The fees are calculated based on the trading volume of the user in the past 30 days. The more you trade, the lower your fees will be. KuCoin also offers a fee discount program for users who hold their native token, KCS. By holding KCS, users can enjoy reduced trading fees and other benefits. It's important to note that there are no hidden fees or charges on KuCoin. The fee structure is clearly displayed on their website and is easy to understand. If you have any specific questions about the fee structure, I recommend reaching out to KuCoin's customer support for further assistance.
- Dec 16, 2021 · 3 years agoAs an expert in the field, I can tell you that the fee structure for perpetual futures on KuCoin is quite competitive. KuCoin offers a maker-taker fee model, where makers are charged a lower fee for providing liquidity to the order book, while takers are charged a higher fee for removing liquidity. The exact fee rates depend on the user's trading volume in the past 30 days. Higher trading volumes result in lower fees. Additionally, KuCoin has a fee discount program for users who hold their native token, KCS. By holding KCS, users can enjoy reduced trading fees and other benefits. Overall, the fee structure on KuCoin is designed to be fair and encourage active trading.
Related Tags
Hot Questions
- 71
What are the best practices for reporting cryptocurrency on my taxes?
- 67
What is the future of blockchain technology?
- 58
What are the advantages of using cryptocurrency for online transactions?
- 57
How can I protect my digital assets from hackers?
- 54
How can I buy Bitcoin with a credit card?
- 41
How can I minimize my tax liability when dealing with cryptocurrencies?
- 35
How does cryptocurrency affect my tax return?
- 33
What are the best digital currencies to invest in right now?