Can you explain the fee structure for makers and takers on KuCoin when trading cryptocurrencies?

1 answers

• May 04, 2022 · 3 years ago
  Certainly! When trading cryptocurrencies on KuCoin, makers and takers are subject to different fee structures. Makers, who add liquidity to the market by placing limit orders, often enjoy lower fees as an incentive. On the other hand, takers, who remove liquidity by placing market orders or limit orders that are immediately matched, typically pay slightly higher fees. The exact fee rates can vary depending on factors such as the trading pair, user's trading volume, and membership level. It's worth noting that different exchanges may have different fee structures, so it's always a good idea to compare fees across multiple platforms before making a decision. For the most accurate and up-to-date fee information, I recommend visiting the KuCoin website or contacting their customer support.
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