How much does simplex charge on KuCoin?

Analysing this metric in this Kucoin vs Simplex comparison, it’s clear that Kucoin has the lowest trading fee percentage of Up to 0.05\%, while the second place goes to Simplex with a fee of Up to 5\%.

How do you spot a trade on KuCoin?

Log in to www.kucoin.com, and click on the ‘Trade’ tab, then click ‘Spot’. Step 2: You will be redirected to the trading market. Depending on which tab you click on, you will see different markets.

What is a maker fee?

What is a maker fee and who does it affect? An order that adds liquidity to an order book until it is picked up by another trader helps to “make the market”. For instance, a limit order for a trade on an exchange is usually not immediately filled.

What is maker taker fee?

Maker-taker fees, also known as payment for order flow, provides liquidity providers with rebates for participating in markets. Makers refers to market makers who provide two-sided markets, and takers as those trading the prices set by market makers.

What are spot trades?

A spot trade, also known as a spot transaction, refers to the purchase or sale of a foreign currency, financial instrument, or commodity for instant delivery on a specified spot date. In a foreign exchange spot trade, the exchange rate on which the transaction is based is referred to as the spot exchange rate.

How do I get a maker fee?

A trade order gets the ​maker​ fee if the trade order is not matched immediately against an order already on the order book, which adds liquidity​. You can use the post limit order option to ensure that your limit order will be charged the maker fee or be cancelled.

How do I avoid maker and taker fees?

A limit ​buy order with the limit price ​below market price will not be matched immediately and once it is matched the trade will get the reduced maker fee. A limit ​sell order with the limit price ​above market price​ will not be matched immediately and once it is matched the trade will get the reduced maker fee.