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Are there any fees involved when selling LTC on Kucoin?

avatarSoham SahaNov 26, 2021 · 3 years ago3 answers

I want to sell my LTC on Kucoin, but I'm not sure if there are any fees involved. Can someone please clarify if there are any fees when selling LTC on Kucoin?

Are there any fees involved when selling LTC on Kucoin?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, there are fees involved when selling LTC on Kucoin. The fee structure on Kucoin varies depending on your trading volume and whether you are a market maker or taker. Market makers, who provide liquidity to the market by placing limit orders, usually pay lower fees compared to market takers, who execute trades at the current market price. It's recommended to check Kucoin's fee schedule for the most up-to-date information.
  • avatarNov 26, 2021 · 3 years ago
    Selling LTC on Kucoin does come with fees. The fees are based on a tiered structure, where the more you trade, the lower your fees will be. As of now, the fees for LTC trading on Kucoin range from 0.1% to 0.02% for market takers and 0.1% to 0.01% for market makers. It's important to note that these fees may change over time, so it's always a good idea to check Kucoin's website for the latest fee information.
  • avatarNov 26, 2021 · 3 years ago
    When selling LTC on Kucoin, there are fees involved. The fees are determined based on your trading volume and whether you are a market maker or taker. As of now, Kucoin charges a fee of 0.1% for market takers and 0.1% for market makers. However, please note that these fees are subject to change, so it's advisable to check Kucoin's official website for the most accurate and up-to-date fee information.