Guyss, Is it because I've not used Kucoin in a long long time or they just recently added a 0.1% fee on BSC chain deposit? I was about to deposit USDT from my wallet to my old Kucoin account and I saw the message about a 0.1% fee on my deposit, that is absolutely ridiculous because other tier 1 exchanges aren't doing stunts like that
Source:
https://x.com/BroLeonAus/status/1849081039408574841Deposit fees is really not a good thing as customers will not like the idea, there fees are getting too much. I am just noticing the deposit fees. I have been using Kucoin for a while now and because i like the way everything went smoothly ever since i lost access to my Binance that i didn’t notice the high transaction fees they charge until i went to use a different exchange, i felt cheated and i felt like Kucoin are just being unnecessarily wicked with their customer. If an exchange that is not as big as they are can offer lesser fee then why they imposing high fees on customers, doing this will make them lose customers just like they are about to lose me as well. I got discouraged when I couldn’t withdraw all my assets that i have to leave a certain amount in the exchange what for? And why?
I've only seen high fees for ERC20 or ETH withdrawals, and they don't even charge any fees for BSC withdrawals.
Yes other exchanges don’t charge for BSC withdrawals and i expect an exchange as big as Kucoin should do the same but they are just being greedy and this will make them lose a lot of customers. Why use their services when other exchanges can give better offers.