A $20 fee? I have a deduction coupon and I’m trading with $900 why is it so high?


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Posted in Kucoin Reddit

4 Comments

  1. GhZmm on 7. May 2023 at 13:08

    Probably high leverage

     


  2. GenerateWealth2022 on 7. May 2023 at 13:08

    Futures fees depend on the size of your position that is leveraged. For example if you have $100 and use 100X leverage then your fees are not based on $100 but $10,000. Be cautious with futures. Please use a stop loss on significant amount of money. This will protect your account from a total loss. Irresponsible people have lost $10,000 by going all in with no precautions.

     


  3. GhZmm on 7. May 2023 at 13:08

    Or your position were open for a long time and fees stacked on eachother

     


  4. PimpDawgATX on 7. May 2023 at 13:08

    Why when you short 1x with your own money…you are charged a funding fee?