KuCoinShares.com is a community created website which features a KuCoin Bonus Calculator to calculate the KCS Bonus you receive from holding KuCoin Shares. For the pictures youre seeing in this article, I placed a 5x long trade on Bitcoin here with $100. KuCoins fee system will be further explained in the section below. Were already talking about an asset class here thats 12-15 times more volatile than stocks- which are themselves considered too volatile by many. On the KuCoin platform, there are variable costs when financing futures contracts. Soon youll have your loan offer. . BTW I was using APE/USDT for this example. Instead, the exchange uses a charge structure known as a flat fee, meaning every KuCoin Spot Trading transaction has a set cost of 0.1%, which is lower than the global industry average. Theres also a futures/liquidation calculator on the KuCoin futures trading screen. 1. For instance, the current fee to withdraw Bitcoin from the platform is 0.0005 BTC, which would amount to approximately $10.12, at the time of this writing. Editorial Note: We earn a commission from partner links on Forbes Advisor. How to Invest in Crypto? Reward amounts will be determined based on the type and relevance of the information provided. In this article, we will talk about trading on KuCoin and the costs that you will incur. In general, trading costs on cryptocurrency exchanges are often varied for market makers and market takers. (Desktop) go to your trading screen on KuCoin futures. Koinly will calculate your KuCoin Futures taxes based on your location AND generate your EOFY tax report, all within 20 minutes! We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Luckily, even at the base rate, KuCoin still has one of the lowest trading fees around, at only a 0.1% fee for every transaction. KuCoin Futures uses a smarter algorithm for Spot Index calculation. Some exchanges charge very expensive fees. KuCoin is buggy as fuck- and its frustrating when this happens. The withdrawal costs on KuCoin are among the lowest in the cryptocurrency market, and millions of people utilize the exchange for this reason. Submit the required documentation and provide your best possible application. Its worth mentioning that in some instances, the same coin will be charged as the fee, and the actual transaction amount may differ from the amount that appears in the account since a portion is removed as the fee. As mentioned, KuCoin has some of the lowest trading fees, even among top exchanges. Is there a problem with this press release? If this isnt working, try accessing KuCoin through another medium/browser. Youll be able to enjoy your current level for the next 24 hours. On the mobile app, click the futures (100x) button on the bottom right. Price 17.9. Complete Beginners Guide, Best Cryptocurrency Exchanges Top 7 Picks, Must-read Crypto Wallets Guide for Beginners, How to Mint & Sell NFTs? There are two different ways to import your transactions from KuCoin Futures to Coinpanda: Remember to tag your transactions if you have received airdrops or staking rewards!
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