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What are the fees associated with buying and selling NFTs on KuCoin?

avatarswathi illuruDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees involved in buying and selling NFTs on KuCoin? I would like to know the different types of fees, their amounts, and how they are calculated.

What are the fees associated with buying and selling NFTs on KuCoin?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to buying and selling NFTs on KuCoin, it's important to be aware of the fees involved. KuCoin charges a trading fee for each transaction, which is a percentage of the transaction amount. The exact percentage may vary depending on the specific NFT being traded. Additionally, there is a withdrawal fee if you choose to transfer your NFTs to an external wallet. This fee is fixed and covers the cost of processing the transaction on the blockchain. It's worth noting that the fees can differ for different NFTs, so it's always a good idea to check the current fee structure on the KuCoin website or reach out to their customer support for more information.