KuCoin to Enforce 7.5% VAT on Fees for Nigerian Users from July 8

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11 months ago bitnews

KuCoin cryptocurrency exchange announced the implementation of a 7.5% value-added tax (VAT) on transaction fees. This new tax affects users in Nigeria who have completed their Know Your Customer (KYC) registration. Starting from July 8, this VAT will be added to the transaction fees, not the overall transaction volume. KuCoin to Apply VAT on Nigerian The post KuCoin to Enforce 7.5% VAT on Fees for Nigerian Users from July 8 appeared first on CoinGape .