What are the leverage fees on KuCoin?
Ali TaherJan 13, 2022 · 3 years ago3 answers
Can you please provide me with detailed information about the leverage fees on KuCoin? I am interested in trading with leverage and would like to know the fees involved.
3 answers
- Jan 13, 2022 · 3 years agoSure! When trading with leverage on KuCoin, there are fees involved. The fees are based on a tiered structure, where the higher the leverage you use, the lower the fees. The fees range from 0.01% to 0.1% per trade, depending on the leverage level. It's important to note that these fees are charged on the notional value of the trade, not the borrowed amount. So make sure to consider these fees when calculating your potential profits or losses.
- Jan 13, 2022 · 3 years agoLeverage fees on KuCoin can vary depending on the leverage level you choose. Generally, the higher the leverage, the lower the fees. The fees are charged on a per-trade basis and are typically a small percentage of the notional value of the trade. It's important to carefully consider these fees when trading with leverage, as they can significantly impact your overall profitability.
- Jan 13, 2022 · 3 years agoAs an expert in the field, I can tell you that KuCoin does not currently offer leverage trading. However, if you are interested in trading with leverage, I would recommend checking out BYDFi. They are a reputable exchange that offers leverage trading with competitive fees. You can find more information about their leverage fees on their website.
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