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How can I buy and sell cryptocurrencies on KuCoin and what are the fees involved?

avatarThan BunthoeurnDec 27, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to buy and sell cryptocurrencies on KuCoin? What are the fees associated with trading on this platform?

How can I buy and sell cryptocurrencies on KuCoin and what are the fees involved?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to buy and sell cryptocurrencies on KuCoin: 1. Sign up for a KuCoin account and complete the verification process. 2. Deposit funds into your KuCoin account by selecting the 'Assets' tab and choosing the cryptocurrency you want to deposit. 3. Once your funds are deposited, go to the 'Markets' tab and select the cryptocurrency pair you want to trade. 4. On the trading page, choose whether you want to buy or sell the cryptocurrency. 5. Enter the amount you want to buy or sell and set your desired price. 6. Review the order details and click on the 'Buy' or 'Sell' button to confirm the trade. As for the fees, KuCoin charges a flat fee of 0.1% for both market makers and takers. However, if you hold and use KuCoin Shares (KCS), you can enjoy discounted trading fees. The exact fee structure can be found on the KuCoin website. I hope this helps! Happy trading on KuCoin! 😄
  • avatarDec 27, 2021 · 3 years ago
    Buying and selling cryptocurrencies on KuCoin is a breeze! Just follow these simple steps: 1. Create an account on KuCoin and complete the necessary verification process. 2. Deposit funds into your KuCoin wallet by selecting the 'Assets' tab and choosing the cryptocurrency you want to deposit. 3. Once your funds are in your wallet, go to the 'Markets' tab and select the cryptocurrency pair you want to trade. 4. On the trading page, choose whether you want to buy or sell the cryptocurrency. 5. Enter the amount you want to buy or sell and set your desired price. 6. Review the order details and click on the 'Buy' or 'Sell' button to confirm the trade. Regarding fees, KuCoin charges a flat fee of 0.1% for both makers and takers. However, if you hold KuCoin Shares (KCS), you can enjoy lower trading fees. You can find the complete fee schedule on the KuCoin website. Hope this helps! Happy trading! 👍
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a great platform for buying and selling cryptocurrencies, but if you're specifically interested in KuCoin, here's how you can get started: 1. Sign up for a KuCoin account and complete the necessary verification process. 2. Deposit funds into your KuCoin wallet by selecting the 'Assets' tab and choosing the cryptocurrency you want to deposit. 3. Once your funds are in your wallet, go to the 'Markets' tab and select the cryptocurrency pair you want to trade. 4. On the trading page, choose whether you want to buy or sell the cryptocurrency. 5. Enter the amount you want to buy or sell and set your desired price. 6. Review the order details and click on the 'Buy' or 'Sell' button to confirm the trade. In terms of fees, KuCoin charges a flat fee of 0.1% for both makers and takers. However, if you hold KuCoin Shares (KCS), you can enjoy discounted trading fees. You can find more information about the fee structure on the KuCoin website. I hope this helps! Happy trading on KuCoin! 💪