What is the timing for fee deduction on KuCoin?

3 answers

• Finn GradyJan 29, 2021 · 5 years ago
  When it comes to fee deduction on KuCoin, the timing depends on the type of trade you make. For spot trading, the fees are deducted immediately after the trade is executed. This means that the fees will be deducted from your account as soon as your order is filled. However, for futures trading on KuCoin, the fees are deducted when you close your position. So, if you open a futures position and keep it open for a while, the fees will be deducted when you decide to close the position.
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• Andrés Eduardo Buzeta GonzálezJun 24, 2022 · 3 years ago
  The timing for fee deduction on KuCoin varies depending on the type of trade you engage in. For spot trading, the fees are deducted instantly after the trade is completed. This means that as soon as your order is filled, the fees will be deducted from your account. On the other hand, for futures trading, the fees are deducted when you close your position. So, if you open a futures position and hold it for some time, the fees will only be deducted when you decide to close the position.
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• ExodusFeb 02, 2022 · 4 years ago
  When it comes to fee deduction on KuCoin, the timing can differ based on the type of trade. For spot trading, the fees are deducted immediately after the trade is executed. This means that the fees will be deducted from your account as soon as your order is filled. However, for futures trading, the fees are deducted when you close your position. So, if you open a futures position and keep it open for a while, the fees will be deducted when you decide to close the position. Please note that this information is specific to KuCoin and may vary on other exchanges.
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