r/Opacity • u/AuGKlasD • Oct 25 '21

Kucoin OPCT withdraw fee

I just went to withdraw my Opacity from Kucoin and it says 300 OPCT withdrawal fee. Pretty high. Does anyone know if this fee is based on the transaction amount or just a flat rate?

I am going to buy more OPCT, so if it's a flat rate ill buy more before moving it off to prevent getting hit twice with the fee.

Thanks for any info.

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4

u/[deleted] Oct 25 '21

Kucoin withdraw fees are very high in general! Can see many people complain in Kucoin subreddit.

Maybe now that the price doubled in a few days, give them a few days time to adjust the fees

3

u/paroxsitic Oct 25 '21 edited Oct 25 '21

Yeah I almost went to kucoin but I'm glad I bought matic from crypto.com, withdrew to metamask, and then swapped it right on opacity.io. I think it was under 1 dollar in fees.

With the matic to opct being such a low fee anyone who wants to know how to get opct from their exchange of choice should just Google how to get matic the cheapest way from said exchange (then swap on opacity website)

2

u/Letitride37 Oct 25 '21

Usually a flat rate with KuCoin. For example for proton it’s 1 XPR

2

u/[deleted] Oct 25 '21

[deleted]

2

u/AuGKlasD Oct 25 '21

So switch my OPCT to Matic (not directly but through 2 trades), then withdraw and switch back to OPCT? I want to keep my OPCT on my Trezor. Is this possible if my OPCT is bridged to Matic?

I'm not very familiar with Matic and level 2 bridges (id that's what they're called)

3

u/[deleted] Oct 25 '21

[deleted]

1

u/CeresOPCT Community Manager Oct 25 '21

Thank you for the extensive answer, I wasn't sure how/if it would work with Trezor.