What are the fees and commissions associated with trading on Binance US and KuCoin?
RA Cooks Renovations spamApr 30, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and commissions associated with trading on Binance US and KuCoin? I would like to understand the costs involved in trading on these platforms.
1 answers
- Apr 30, 2022 · 3 years agoAs an expert in the cryptocurrency industry, I can tell you that trading on Binance US and KuCoin involves various fees and commissions. Binance US charges a trading fee ranging from 0.1% to 0.5%, depending on your trading volume. KuCoin, on the other hand, has a fixed trading fee of 0.1% for both makers and takers. It's important to note that these fees can vary for different cryptocurrencies. Additionally, Binance US offers a fee discount if you hold their native token BNB. When it comes to deposits and withdrawals, both platforms may charge fees depending on the specific cryptocurrency you are dealing with. It's always a good idea to check the fee schedule on their websites to get the most accurate information.
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