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Do I need to pay fees immediately on KuCoin or are they deducted later?

avatarsan yinDec 28, 2021 · 3 years ago5 answers

When trading on KuCoin, do I have to pay fees right away or are they deducted at a later time?

Do I need to pay fees immediately on KuCoin or are they deducted later?

5 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, when you trade on KuCoin, you will need to pay fees immediately. The fees are deducted from your account balance at the time of the trade. It's important to have enough funds in your account to cover the fees.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! KuCoin charges fees for every trade you make. These fees are deducted from your account balance as soon as the trade is executed. Make sure you have sufficient funds to cover the fees before placing any trades.
  • avatarDec 28, 2021 · 3 years ago
    When trading on KuCoin, fees are deducted from your account balance immediately after the trade is executed. This ensures that the fees are paid in a timely manner. It's a standard practice in the cryptocurrency industry to deduct fees upfront.
  • avatarDec 28, 2021 · 3 years ago
    Yes, fees on KuCoin are deducted immediately upon executing a trade. This is done to ensure that the fees are paid promptly and to avoid any delays in processing the trades. It's important to factor in the fees when planning your trades on KuCoin.
  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, fees on KuCoin are deducted at the time of the trade. This means that you need to have enough funds in your account to cover the fees before placing any trades. Make sure to check the fee structure on KuCoin's website for more details.