When does KuCoin subtract fees from my account?

5 answers

• Dec 26, 2021 · 3 years ago
  KuCoin deducts fees from your account at the time of each transaction. When you buy or sell cryptocurrencies on KuCoin, a small fee is automatically subtracted from the total amount. The fee is calculated based on the trading volume and the specific fee rate for the trading pair you are using. It's important to note that the fee is deducted in real-time, so you will see the updated balance immediately after the deduction.
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• Dec 26, 2021 · 3 years ago
  Fees on KuCoin are deducted from your account instantly. Whenever you make a trade, whether it's a buy or sell order, the corresponding fee will be deducted from your account balance right away. This ensures that the fee is accurately reflected in your account balance and allows for a seamless trading experience.
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• Dec 26, 2021 · 3 years ago
  When it comes to fee deduction on KuCoin, it's important to understand that the process is handled by the exchange itself. KuCoin deducts fees from your account in real-time, ensuring that the correct amount is subtracted at the moment of each transaction. This ensures transparency and accuracy in fee calculation. Please note that this information is specific to KuCoin and may vary for other exchanges.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, a third-party platform, fees are also deducted from your account at the time of each transaction. Similar to KuCoin, the fee is automatically subtracted from the total amount based on the trading volume and fee rate. This ensures a fair and transparent fee calculation process. It's worth mentioning that BYDFi provides a user-friendly interface to track your fee deductions and provides detailed transaction history for your reference.
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• Dec 26, 2021 · 3 years ago
  Fees on KuCoin are deducted immediately after each transaction. This means that as soon as you complete a trade, whether it's a buy or sell order, the corresponding fee will be deducted from your account balance. This ensures that the fee is accurately accounted for and allows for efficient fee management on the platform. It's important to keep track of your fee deductions to have a clear understanding of your trading costs.
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