What are the Kucoin fees
The fees charged at the Kucoin exchange depend on a few factors. We will understand what each one means below.
Amount of KCS
Kucoin has a token called KCS. If you have 1000 units or more of this token, you get special discounts on fees.
Payment of fees in KCS
When a trade is made with the KCS token, there is an extra 20% discount on fees.
Spot trading volume for the past 30 days
This is the calculation of the total financial volume traded on the spot market (buying and selling cryptocurrencies) for the past 30 days. The financial volume of each trade is counted in BTC.
For example: if a trade of buying ETH using USDC moved 1000 USDCs (equivalent to $1,000.00) and the price of 1 Bitcoin at that moment was $20,000.00, it means that the traded volume counted was 0.05 BTC.
Futures trading volume for the past 30 days
This is similar to the volume calculated in the spot market, but only accounts for trades made in the futures market section.
Maker/Taker
A Taker order is when you request a buy or sell without setting a price, just setting a “market order,” which basically executes the first buy or sell options in the order book.
A Maker order, on the other hand, is one where you set the buy or sell price, add the order to the order book and wait for it to be executed by someone interested in buying or selling at that specific amount.
The names “Taker” or “Maker” exist because one type of order takes liquidity out of the market, and the other type adds liquidity to the market.
The 12 fee levels
Kucoin has 12 fee levels, the higher the level, the lower the trading fee.
You can increase the level based on the factors mentioned above, as listed in the table below:
Fee level KCS Holdings or Spot Trading Volume Last 30 Days (BTC) or Futures Trading Volume Last 30 Days (BTC) Maker/ Taker KCS Trading Maker/ Taker LV0 0 or or 0.08%/ 0.08% LV1 or or 0.072%/ 0.08% LV2 10000 or >=200 >=400 0.056%/ 0.072% LV3 or >=500 or >=1000 LV4 30000 or >=1000 or >=2000 LV5 or >=2000 LV6 or >=4000 >=6000 LV7 60000 >=8000 or 0%/ 0.05% 0%/ 0.04% LV8 >=15000 or >=20000 -0.005%/ 0.045% -0.005%/ 0.036% LV9 80000 >=25000 or >=40000 -0.005%/ 0.04% LV10 or or >=80000 -0.005%/ 0.028% LV11 100000 or >=60000 >=120000 -0.005%/ 0.03% -0.005%/ 0.024% LV12 150000 or >=80000 or >=160000 -0.005%/ 0.025% -0.005%/ 0.02%
In addition, registration made through a reference code also guarantees an extra discount that can reach up to 20% on fees.
See also: