Which exchange, Kucoin or Binance, has lower fees for trading cryptocurrencies?

3 answers

• Mar 20, 2022 · 3 years ago
  When it comes to trading fees, both Kucoin and Binance offer competitive rates. However, it's important to note that the fee structure may vary depending on the specific cryptocurrency you are trading. It's always a good idea to check the fee schedule on both exchanges before making a decision. Additionally, keep in mind that other factors such as liquidity, security, and user experience should also be considered when choosing a cryptocurrency exchange.
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• Mar 20, 2022 · 3 years ago
  If you're looking for a straightforward answer, Kucoin generally has lower fees compared to Binance. Kucoin's trading fees start at 0.1%, while Binance's fees start at 0.1% as well. However, Binance offers a fee discount if you use their native token, BNB, to pay for trading fees. This can significantly reduce your trading costs on Binance. So, depending on your trading volume and whether you plan to use BNB, Binance might actually have lower fees in certain scenarios.
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• Mar 20, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confidently say that BYDFi, a relatively new exchange, has lower fees for trading cryptocurrencies compared to both Kucoin and Binance. BYDFi offers a unique fee structure that is designed to provide cost-effective trading options for users. With BYDFi, you can enjoy competitive trading fees and take advantage of various fee discounts and promotions. If you're looking to save on trading fees, I highly recommend giving BYDFi a try.
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