BREAKING NEWS! Coin.fyi has been acquired by VC firm Morningstar Ventures. Read more

KuCoin Token
$20.26 -2.72%
KCS · 3d

Just a simple question: Why is withdrawing ETH 2x more expensive than current ETH network fees?

[https://etherscan.io/](https://etherscan.io/) As the moment of writing, gas = 120 gwei Eth transfer = $8.5 Kucoin charges: 0.006 ETH = $20 WHY? WHY? When you submit your withdrawal and check etherscan once withdrawals are done, you can even see how much Kucoin paid for the transaction. It's usually in the $9-$10 range, consistently. Why is there a 2x difference? Also, how come when network is slow and fees are back in the 30 gwei range, Kuicoin NEVER reduces withdrawal cost to reflect the market, yet when the fees are going a bit close to 150 gwei, kucoin immediately charges 0.006 ETH instead of 0.005. WHY? I just nee a simple answer. A simple straight answer. Please no corporate mumbojumbo that somehow you're 'aware of this and will look into it and will forward this to the relevant teams.'
Go to self.kucoin
Recent News
KCS -2.72% · cryptobriefing.com · 1h

OpenSea Acquires Dharma Labs

OpenSea, the largest non-fungible token marketplace in operation, has acquired Dharma wallet in a private deal.
KCS -2.72% · cryptotrader.tax · 8h

How to do your KuCoin Taxes

How to import your KuCoin transaction history and complete your taxes automatically using CryptoTrader.Tax