Are there any fees involved in closing a futures position on KuCoin?

3 answers

• Aditya SajjiApr 19, 2023 · 2 years ago
  Yes, there are fees involved in closing a futures position on KuCoin. The fees vary depending on the type of futures contract you are trading. Generally, there are two types of fees: the trading fee and the settlement fee. The trading fee is charged when you open or close a position, and it is usually a percentage of the contract value. The settlement fee is charged when the contract expires or is settled. It is important to note that the fees may differ for different futures contracts, so it is recommended to check the fee schedule on KuCoin's website for the specific contract you are interested in.
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• Jepsen McCormackAug 25, 2023 · 2 years ago
  Closing a futures position on KuCoin incurs fees. The fees are determined by the type of futures contract you are trading. There is a trading fee that is charged when you open or close a position, and a settlement fee that is charged when the contract expires or is settled. The exact amount of the fees can vary, so it is advisable to review the fee schedule provided by KuCoin for the specific futures contract you are trading. It's always a good idea to be aware of the fees involved before entering into any futures trading on KuCoin.
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• Olayide AribisalaJan 05, 2022 · 4 years ago
  When it comes to closing a futures position on KuCoin, there are indeed fees involved. These fees can vary depending on the type of futures contract you are trading. KuCoin charges a trading fee for opening and closing positions, as well as a settlement fee when the contract expires or is settled. The specific fees can be found in the fee schedule provided by KuCoin. It's important to consider these fees when calculating your potential profits or losses from futures trading on KuCoin.
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