Are there any tips or strategies for saving on trading fees with KuCoin Shares?
SAHIL KASANADec 27, 2021 · 3 years ago4 answers
I'm interested in finding ways to save on trading fees when using KuCoin Shares. Are there any tips or strategies that can help me reduce the fees associated with trading on this platform?
4 answers
- Dec 27, 2021 · 3 years agoAbsolutely! One way to save on trading fees with KuCoin Shares is by using the platform's native token, KCS. By holding KCS in your account, you can enjoy discounted trading fees. The more KCS you hold, the greater the discount you receive. This is a great incentive for traders to accumulate and hold KCS, as it not only provides potential price appreciation but also reduces trading costs.
- Dec 27, 2021 · 3 years agoAnother strategy to save on trading fees with KuCoin Shares is by taking advantage of the KuCoin Bonus. This bonus is distributed daily to KCS holders based on the trading fees generated by the platform. The more KCS you hold, the higher your bonus will be. It's a great way to offset your trading fees and potentially earn additional income just by holding KCS.
- Dec 27, 2021 · 3 years agoIn addition to the strategies mentioned above, you can also consider using BYDFi for trading KuCoin Shares. BYDFi is a popular decentralized exchange that offers competitive trading fees and a user-friendly interface. It's a great alternative to traditional centralized exchanges and can help you save on trading fees while enjoying a seamless trading experience.
- Dec 27, 2021 · 3 years agoIf you're looking to save on trading fees with KuCoin Shares, it's important to stay updated on any promotions or discounts offered by the platform. KuCoin often runs promotional campaigns that provide users with reduced trading fees or other incentives. Following KuCoin's official announcements and social media channels can help you stay informed and take advantage of these opportunities to save on fees.
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