DearKuCoinUsers,
WearegladtoseethatthePayFeeswithKCSfeaturehasbeenwellreceivedandwidelyusedbyuserssinceitslaunch.
ToensurethebestpossibletradingexperienceandprovideuserswithabetterunderstandingofhowPayFeeswithKCSworks,wehaveprovidedanexplanationofthefeaturebelow.
PayFeeswithKCSCalculationMethod
TakeBTC/USDTasanexample,thetradingfeesshallbesettledinUSDT.IfPayFeeswithKCSisenabled,feeswillbechargedinKCSafterapplyinga20%discounttotheoriginalUSDTtradingfees.
YoucanviewtheoriginalUSDTtradingfeesfromSpotOrders>TradeHistory.
Discountpricesarecalculatedasfollows:
IfyouarebuyingwithaKCSpair,takeKCS/USDTasanexample,thediscountwillbecalculatedaccordingtothelatestmarketpriceofKCS/USDT.IfyouarebuyingatradingpairotherthanKCSpairs,takeTRX/USDTasanexample,thediscountwillbecalculatedasfollows:KCS/TRXdiscountprice=?.DiscountedKCSamountsarecalculatedasfollows:
Topreventpricefluctuations,theamountofKCSdiscountedwillbecalculatedinaccordancewiththelatestKCSdiscountpriceminus5%.Forexample,ifthetradingfeeissettledinUSDT:DiscountedKCSamount=?.YoucanviewdiscountdetailsofPayFeeswithKCSfromTradingAccount>AccountDetails.
Thelatestmarketpriceisupdatedeverysecond.
Note:Forspottrading,thebasecurrencywillbeusedforfeeratejudgement.WhenthefeerateofClassA/ClassB/ClassCislowerthan0.025%/0.050%/0.075%respectively,nodiscountswillbeappliedeventhoughthePayFeeswithKCSfeatureisenabled.Userswillbecharged100%ofthetradingfeesinaccordancewiththequotecurrencyofatradingpair.Thefeerateisdeterminedbythatofthemasteraccount.DiscountedKCSisdeductedfromtheaccountthatgeneratedthetransaction.
ThankyouforsupportingKuCoin!
TheKuCoinTeam
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