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How often are fees deducted from my KuCoin account?

avatarNaumanDec 26, 2021 · 3 years ago3 answers

Can you please explain the frequency at which fees are deducted from my KuCoin account?

How often are fees deducted from my KuCoin account?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Fees on KuCoin are deducted on a per-trade basis. Every time you make a trade on the platform, a fee is deducted from your account. The fee amount depends on your trading volume and the specific trading pair you are using. It's important to note that fees are deducted immediately after the trade is executed.
  • avatarDec 26, 2021 · 3 years ago
    Fees on KuCoin are deducted in real-time. As soon as you complete a trade, the corresponding fee is deducted from your account. This ensures that your account balance is always up-to-date and reflects the accurate amount after deducting the fees. It's a transparent and efficient process that allows you to track your trading costs effectively.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, fees on KuCoin are deducted automatically after each trade. This means that as soon as you complete a transaction, the corresponding fee is deducted from your account balance. The fee structure on KuCoin is designed to be fair and competitive, ensuring that you only pay for the services you use. It's important to review the fee schedule on the KuCoin website to understand the specific fee rates for different trading pairs and volumes.