Kucoin – Trading Fee Discount of Up To 60% + FREE Trading Bot!
Ask any crypto old timer and chances are that they have an account at Kucoin. After all, one out of every four crypto hodler’s does! That’s not a surprise given the selection of hundreds of altcoins on the exchange and a range of top-notch features like a great free crypto trading bot.
Normally, Kucoin VIP level 3 requires you to buy and hold 20,000 KCS for 30 days. Yes, that’s about $235,000 worth of crypto right there! However, that VIP level can reduce those trading fees from 0.1% maker and taker fees to just 0.04% maker and 0.064% taker. In other words, maker fees are discounted by up to 60%!
VIP level 3 upgrades are processed manually and should be processed within 5 working days. If you have not got your level 3 upgrade within a week then please contact [email protected] with your Kucoin UID number to get this looked into.
The Coin Bureau Team has researched this service and has not been able to discern which US States it is licensed in. As far as we understand, US users are NOT permitted to use this service or create an account. Increasing FCA restrictions in the UK have also led to uncertainty around the service availability in the United Kingdom.
Therefore, users in these locations should look at alternative services that are fully licensed and should take care to ensure that the service is licensed in their state and/or country of residence.
Offers leveraged products. These are for experienced traders ONLY and are complex instruments that come with a high risk of losing money rapidly. Experienced traders should consider if they can afford to take the risk of losing their money.
Coin Bureau considers leverage above 5x as excessively risky.
How to get going?
If you are looking to dabble in crypto for any length of time, then chances are you will need a Kucoin account to get access to that exotic altcoin at some point. So, why not get the best possible deal whilst you are at it? Some of you with Kucoin accounts already might be able to get that VIP level 3 upgrade by creating a new account with a different email address.