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What is the fee structure for Poet trading on Kucoin?

avatarUmang BasuthkarDec 25, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the fee structure for trading Poet on Kucoin? I would like to know the fees involved in buying and selling Poet tokens on the Kucoin platform.

What is the fee structure for Poet trading on Kucoin?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! When trading Poet on Kucoin, there are two types of fees involved: trading fees and withdrawal fees. The trading fees are charged when you execute a trade, and they are based on your trading volume over the past 30 days. The fees range from 0.1% to 0.2% for both makers and takers, with lower fees for higher trading volumes. As for withdrawal fees, they vary depending on the specific cryptocurrency you are withdrawing. It's important to check the Kucoin website for the most up-to-date fee schedule.
  • avatarDec 25, 2021 · 3 years ago
    The fee structure for Poet trading on Kucoin is quite straightforward. When you buy or sell Poet tokens on the Kucoin platform, you will be charged a trading fee. The trading fee is 0.1% for both makers and takers, regardless of your trading volume. Additionally, if you decide to withdraw your Poet tokens from Kucoin, there will be a withdrawal fee. The withdrawal fee may vary depending on the current network congestion and the specific cryptocurrency you are withdrawing. It's always a good idea to check the Kucoin website for the latest fee information.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can tell you that the fee structure for Poet trading on Kucoin is quite competitive. Kucoin charges a trading fee of 0.1% for both makers and takers, which is relatively low compared to other exchanges. Additionally, the withdrawal fees for Poet tokens on Kucoin are also reasonable and vary depending on the specific cryptocurrency. Overall, Kucoin provides a transparent fee structure, allowing traders to easily calculate their costs and make informed decisions.