KuCoin has hidden charges?

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notMeNahh

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Oct 31, 2024
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I know KuCoin is one of the only exchanges that still function here in the UK but I see something that really ticks me off. They have a 0.1% feeon every BSC deposit you make which is quite odd cause all other exchanges don't. I did go to their telegram and made my concern known and they said it's "normal transaction fees of the network that aren't their fault"

I don't like that at all, I feel like I'm being cheated. One dude on twitter even said maybe they are using it to gather the money FTX sued them for lol
 

zomex

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    Sep 10, 2010
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    It's been a while since I've been into using ****** exchanges. Still holding for the long term but only BTC, ETH and XRP now.

    I used KuCoin in the past. Not familiar with the current situation. Is Binance no longer an option in the UK?

    I used to buy from Coinbase, then send that to Binance to purchase other currencies.

    Keep in mind all exchanges have to make money some how. Most will change a fee when you buy. I'm not sure if it's legal in the UK but in the US with stock companies for example. They will have a spread meaning Tesla for example they will buy it at x and sell it to you at y making the difference as a kind of hidden fee.
     
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    fisicx

    Moderator
    Sep 12, 2006
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    www.aerin.co.uk
    Thank you for your post @notMeNahh but this is a forum for business questions. Closing the thread.
     
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