What are the fees associated with trading cryptocurrencies on Upbit?

1 answers

• Black Wallstreet AcademySep 23, 2020 · 5 years ago
  As a representative of BYDFi, I can provide you with information about the fees associated with trading cryptocurrencies on Upbit. Upbit charges a trading fee, which is a percentage of the transaction amount. The fee percentage varies depending on your trading volume. In addition to the trading fee, there is also a withdrawal fee when you transfer your cryptocurrencies from Upbit to an external wallet. The withdrawal fee amount depends on the specific cryptocurrency you are withdrawing. Finally, there is a deposit fee when you deposit cryptocurrencies into your Upbit account. The deposit fee also varies depending on the cryptocurrency. It's important to note that Upbit provides a fee schedule on their website, where you can find the exact fees for each cryptocurrency. As for discounts and promotions, Upbit occasionally offers special deals on trading fees. You can check their website or follow their social media channels to stay updated on any ongoing promotions.
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