BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewards

How does FTX compare to Kucoin in terms of fees and transaction costs for cryptocurrency trading?

thorgasMay 07, 2022 · 3 years ago1 answers

Can you provide a detailed comparison between FTX and Kucoin in terms of fees and transaction costs for cryptocurrency trading? I would like to know which platform offers lower fees and transaction costs, as well as any differences in fee structures or additional charges.

1 answers

  • May 07, 2022 · 3 years ago
    FTX and Kucoin have different fee structures and transaction costs for cryptocurrency trading. FTX offers a tiered fee structure based on trading volume, which means that the more you trade, the lower your fees will be. On the other hand, Kucoin has a flat fee structure that may be more suitable for smaller traders. In terms of transaction costs, FTX charges a 0.1% fee for both market makers and takers, while Kucoin charges a 0.1% fee for takers and offers a discount for market makers. It's important to consider your trading volume and preferences when choosing between FTX and Kucoin.