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Is it possible to transfer XRP from KuCoin to Ledger without any fees?

avatarSonic2kDec 27, 2021 · 3 years ago3 answers

I want to transfer XRP from my KuCoin account to my Ledger wallet, but I don't want to pay any fees. Is it possible to transfer XRP from KuCoin to Ledger without incurring any fees?

Is it possible to transfer XRP from KuCoin to Ledger without any fees?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to transfer XRP from KuCoin to Ledger without any fees. KuCoin offers fee-free withdrawals for XRP, so you won't have to pay any fees when transferring your XRP to your Ledger wallet. Simply initiate a withdrawal from your KuCoin account to your Ledger wallet address, and the transfer will be processed without any fees.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, transferring XRP from KuCoin to Ledger without any fees is not possible. KuCoin charges a withdrawal fee for XRP transfers, so you will incur a fee when transferring your XRP from KuCoin to your Ledger wallet. The fee amount depends on the current withdrawal fee rate set by KuCoin. It's always a good idea to check the fee schedule on KuCoin's website before initiating any withdrawals.
  • avatarDec 27, 2021 · 3 years ago
    While it is not possible to transfer XRP from KuCoin to Ledger without any fees, there are ways to minimize the fees. One option is to wait for KuCoin to offer fee-free withdrawal promotions for XRP. Keep an eye on KuCoin's announcements and social media channels to stay updated on any fee-free withdrawal promotions. Another option is to consider transferring your XRP to another exchange that offers lower withdrawal fees for XRP, and then transfer it from there to your Ledger wallet. However, keep in mind that transferring between exchanges may incur additional fees and it's important to consider the overall cost before making any transfers.