What are the fees associated with shorting on KuCoin?

5 answers

• Karan TyagiJun 11, 2022 · 3 years ago
  When it comes to shorting on KuCoin, there are a few fees to keep in mind. First, there is the borrowing fee, which is the cost of borrowing the asset you want to short. This fee is typically a percentage of the borrowed amount and can vary depending on the specific asset. Additionally, there may be an interest fee, which is the cost of holding the borrowed asset over time. This fee is usually charged daily or weekly and is also a percentage of the borrowed amount. Finally, there may be a trading fee when you execute the short sale. This fee is the same as the trading fee for regular trades on KuCoin and is typically a percentage of the transaction amount. It's important to consider all of these fees when shorting on KuCoin to accurately assess the costs involved.
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• Moh RizaAug 20, 2020 · 5 years ago
  Shorting on KuCoin comes with its fair share of fees. Firstly, there is the borrowing fee, which is the cost of borrowing the asset you want to short. This fee can vary depending on the specific asset and is typically a percentage of the borrowed amount. Secondly, there is the interest fee, which is the cost of holding the borrowed asset over time. This fee is usually charged daily or weekly and is also a percentage of the borrowed amount. Lastly, there is the trading fee, which is the same as the trading fee for regular trades on KuCoin. It's important to factor in all of these fees when considering shorting on KuCoin.
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• Sreerag SreeJun 12, 2024 · a year ago
  When shorting on KuCoin, you need to be aware of the fees involved. Firstly, there is the borrowing fee, which is the cost of borrowing the asset you want to short. This fee can vary depending on the specific asset and is usually a percentage of the borrowed amount. Secondly, there is the interest fee, which is the cost of holding the borrowed asset over time. This fee is typically charged daily or weekly and is also a percentage of the borrowed amount. Finally, there is the trading fee, which is the same as the trading fee for regular trades on KuCoin. It's important to consider these fees before engaging in any short selling activities.
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• Radosław M. ŚcisłoSep 19, 2020 · 5 years ago
  Shorting on KuCoin involves a few fees that you should be aware of. Firstly, there is the borrowing fee, which is the cost of borrowing the asset you want to short. This fee can vary depending on the specific asset and is typically a percentage of the borrowed amount. Secondly, there is the interest fee, which is the cost of holding the borrowed asset over time. This fee is usually charged daily or weekly and is also a percentage of the borrowed amount. Lastly, there is the trading fee, which is the same as the trading fee for regular trades on KuCoin. Make sure to factor in these fees when considering shorting on KuCoin.
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• Mr. RajJul 22, 2022 · 3 years ago
  BYDFi, a digital asset exchange, offers shorting services with associated fees. When shorting on BYDFi, you will encounter borrowing fees, which are the costs of borrowing the asset you want to short. These fees can vary depending on the specific asset and are usually a percentage of the borrowed amount. Additionally, there may be interest fees, which are the costs of holding the borrowed asset over time. These fees are typically charged daily or weekly and are also a percentage of the borrowed amount. Lastly, there are trading fees, which are the same as the trading fees for regular trades on BYDFi. It's important to consider these fees before engaging in any short selling activities on BYDFi.
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