What is Kucoin Withdrawal Fee?

KuCoin is a global exchange company that offers a vast and many crypto investment options that ranges from buying and trading to futures and mining. When exploring cryptocurrencies trading using any crypto exchanges like KuCoin, one of your main concerns would always be how to get your assets withdrawn, you will also definitely want to know how long the process would take, as well as how much you would be charged for your withdrawals.

However, withdrawals are one of the most anticipated events when trading with cryptocurrency, and everything at the very end will showcase how well you have reap the rewards of your hard work.

Are Withdrawal Fees on Kucoin free?

Transaction or network fee comes as a result of the withdrawal transactions done to crypto addresses outside of KuCoin. This fee is been paid to validators or miners, and not KuCoin. Hence, the validators or miners have the responsibility of processing the transactions and securing the respective blockchain network. To therefore ensure that these transactions are processed, Kucoin must pay these fees to the miners.

Related:

1. Is Kucoin available in UK?
2. Is Kucoin available in India?
3. Is Kucoin available in Malaysia?
4. Is Kucoin available in Canada?
5. Is Kucoin Good for Day Trading?
6. Does Kucoin Reports to IRS?
7. Is Kucoin available in Pakistan?
8. Is Kucoin Available in Kenya?
9. Is Kucoin Available in Indonesia? 
10. Is Kucoin Available in Iraq? 

Kucoin Withdrawal Fees Explained

Withdrawal fees on Kucoin are not stable, as you will be charged in accordance to the immediate network conditions. The amount for this fee depends on the network transaction fees, which can fluctuate without notice because of factors like network congestion.

Nevertheless, KuCoin implements different withdrawal fees for different tokens. Theres also a minimum withdrawal amount that varies per token. You must be aware that these fees have the tendency to change as it depends on the market prices.

Related:

1. Bybit vs Binance vs KuCoin
2. Bybit vs Kucoin

Highlight of Some Coins and their Withdrawal Details

1. Bitcoin (BTC): For instance has its current withdrawal fee to be 0.0005 BTC ($11.175003), with a minimum withdrawal of 0.001 BTC ($22.350007).
2. Ethereum (ETH): This coin also has its current withdrawal fee to be 0.005 ETH ($6.0056839), with a minimum withdrawal of 0.01 ETH ($12.011367).
3. USDT (Tether): Has its current withdrawal fee to be 25 USDT ($24.966636), with a minimum withdrawal of 50 USDT ($49.933272).
4. USDC (USD Coin): Has its current withdrawal fee to be 20 USDC ($20.007589), with a minimum withdrawal of 50 USDC ( $50.018974).
5. Binance Coin (BNB): Has its current withdrawal fee to be 0.01 BNB ($2.2420771), with a minimum withdrawal of 0.01 BNB ($2.2420771).
6. TRON (TRX): Has its current withdrawal fee to be 1.5 TRX ($0.0903996), with a minimum withdrawal of 3 TRX ($0.1807993).
7. Dogecoin (DOGE): Has its current withdrawal fee to be 20.000000 DOGE ($1.1203137), with a minimum withdrawal of 40.000000 DOGE ($2.2406274).
8. Solana (SOL): Has its current withdrawal fee to be 0.010000 SOL ($0.2968879), with a minimum withdrawal of 0.200000 SOL ($5.9377576).

As the list endlessly continues, you can find more update on your other coins of interest on some other platforms here.

Calculate Your Crypto Tax:

1. us crypto tax calculator
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4. Crypto tax calculator Canada
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Bottom Line

Owing to the fact that cryptocurrency market is known to be one of the most volatile around, often losing and gaining value multiple times per day, it’s therefore important to always ensure that you frequently check the transaction fees before you eventually complete your order.