What are the fees involved in P2P trading on Kucoin?
nass179May 05, 2022 · 3 years ago1 answers
Can you please provide a detailed explanation of the fees associated with peer-to-peer (P2P) trading on Kucoin? I would like to understand the costs involved before I start trading.
1 answers
- May 05, 2022 · 3 years agoWhen it comes to P2P trading on Kucoin, the fees are quite reasonable. Both the buyer and the seller are charged a transaction fee of 0.1%. This fee is automatically deducted from the total transaction amount. Additionally, there might be network fees involved, which are charged by the blockchain network. These fees can vary depending on the network congestion and the specific blockchain being used. However, Kucoin does not charge any deposit or withdrawal fees for P2P trading. This makes it a cost-effective option for traders who want to engage in P2P trading on Kucoin. Overall, the fees on Kucoin are transparent and competitive, making it a popular choice among traders.
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