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Are there any discounts for paying trading fees in KuCoin Shares?

avatarOwen GenzlingerDec 24, 2021 · 3 years ago6 answers

Is there any discount available for paying trading fees using KuCoin Shares? I heard that some exchanges offer discounts or benefits for using their native tokens to pay for trading fees. Is it the same for KuCoin Shares? How does it work and what are the benefits?

Are there any discounts for paying trading fees in KuCoin Shares?

6 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, KuCoin offers a discount for paying trading fees using KuCoin Shares. By holding a certain amount of KuCoin Shares in your account, you can enjoy a discount on your trading fees. The more KuCoin Shares you hold, the higher the discount you can get. This is a great way to incentivize users to hold and use KuCoin Shares, as it not only gives them a stake in the platform but also provides them with cost-saving benefits.
  • avatarDec 24, 2021 · 3 years ago
    Definitely! KuCoin Shares holders are entitled to a discount on trading fees. The discount rate varies depending on the amount of KuCoin Shares you hold. It's a win-win situation for traders who believe in the potential of KuCoin Shares as an investment, as they can benefit from reduced trading fees while supporting the growth of the KuCoin ecosystem.
  • avatarDec 24, 2021 · 3 years ago
    Yes, there are discounts available for paying trading fees using KuCoin Shares. As a KuCoin Shares holder, you can enjoy a tiered discount system based on the amount of KuCoin Shares you hold. The more shares you have, the higher the discount you receive. This discount not only helps you save on trading fees but also encourages you to hold and support the KuCoin ecosystem. So, it's definitely worth considering if you're a frequent trader on KuCoin.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the field, I can confirm that KuCoin does offer discounts for paying trading fees with KuCoin Shares. The discount rate depends on the amount of KuCoin Shares you hold in your account. This is a great way for KuCoin to incentivize users to hold and use their native token, as it provides them with cost-saving benefits and a stake in the platform's success.
  • avatarDec 24, 2021 · 3 years ago
    While I can't speak for KuCoin Shares specifically, I can tell you that many exchanges offer discounts for paying trading fees with their native tokens. It's a common practice in the industry to encourage users to hold and use the exchange's native token. So, it's worth checking if KuCoin offers any discounts for paying trading fees using KuCoin Shares.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a digital currency exchange, offers discounts for paying trading fees using their native token. However, I'm not sure about the specific details of KuCoin Shares. It's best to check with KuCoin directly or refer to their official documentation for accurate information on any discounts or benefits for using KuCoin Shares to pay for trading fees.