KuCoin Review: Everything You Need To Know

KuCoin Review: Everything You Need To Know

During the last years, there have been many cryptocurrency exchanges which have come to the forefront. Nevertheless, in case you go back a number of years, there was only one alternate – Mt. Gox. Things have been different.

One such unique change is KuCoin. I have used this alternate a number of instances and have found it quite easy to use with a lot of cryptocurrencies to buy/promote here.

In this article, I wish to share a few of the key features of my overview after utilizing the KuCoin exchange.

KuCoin Introduction
KuCoin is a world-class blockchain asset change that prides itself as "The Folks’s Exchange" and has risen to the crypto area in 2017.

KuCoin additionally has a native cryptocurrency called as KuCoin for its trade users. Holders of this token get access to distinctive options that we are going to focus on additional in this article.

Moreover, it is a crypto-to-crypto trade which means you won’t find fiat pairs like USD/EUR here. You possibly can, however, depend on USDT-like stablecoin for saving yourself from volatility.

For quite some time, it was additionally amongst the busiest exchanges in the world that was pulling essentially the most crypto trading quantity (in top 10).

It also has real-time order books and programmes for institutional investors which we are going to discuss later in this article.

KuCoin has more than 398 markets live as per CoinMarketCap which means you've 398+ cryptocurrencies/pairs trading on it.

Amongst which, you will discover in style cryptocurrencies like BTC, BCH, LTC, ETH, and LTC, and quite a few different ERC20 tokens comparable to OMG, DADI, KCS, etc.

KuCoin doesn’t help fiat currencies as of now, but you can find many pairs of USDT currency.

3. Payment Schedule Of KuCoin

The real fun is here.

KuCoin has a simple trading fee construction of 0.1% and doesn’t observe the taker/maker model. However one may even customize this trading fee and get a discount of as much as 30% on 0.1% trading fee.

The necessary things to note right here is that only KCS (KuCoin Share) holders can get this discount as per the following model:

4. Supported Nations

KuCoin supports a big number of nations around the globe similar to US, UK, Canada, Japan, Indian, Australia, Singapore, etc. China will not be a part of their person base because the governmentwhich lately banned all cryptocurrency actions in their country. Here's a graph of their consumer base across the world:

5. Buyer Help

Customer assist of KuCoin is sort of robust. I've not faced any points with them thus far. Additionally, their live chat characteristic is exclusive and in contrast to every other alternate and helps in on spot resolution of minor problems.

As if all of the options above weren’t enough, in addition they have mobile apps which anyone can use with same login credentials to trade cryptocurrencies on the go!

One requires this facility because cryptocurrencies are highly risky property which want fast choice making to take advantage of out of it.

On the KuCoin change, you may also discover fascinating, advanced charts for a more in-depth analysis of your trading strategy. You can find charts of various intervals where you can apply different types of indicators to achieve a conclusive decision.

You can also check the market depth by looking at the buy/sell walls.

How To Get Started on KuCoin?
It's effortless to get began on KuCoin. You require an e-mail sign-as much as get began on it. Nonetheless, come November 2018, you have to to undergo a proper AML/KYC process to withdraw more than 2 BTC.

The KYC verification process consists of completing an online questionnaire, submitting supporting paperwork and authorizing KuCoin to complete the verification process. The processing time for every KYC Verification can take as much as 2-4 weeks, depending on the total volume of submissions. (source-KuCoing weblog)

That’s why it's adviced that you just apply for it proper away. A KYC verified account may even have access to the Fiat-Crypto exchange providers that KuCoin plans to launch in the close to future.

Is KuCoin Reliable & Safe To Trade?

Given its final yr’s file and my experience of using it, I can say it is a wonderful and safe trade to trade some thrilling cryptocurrencies that you just may not discover on any other exchange.

Plus, one other distinctive thing that this change presents is NEO GAS for holding NEO cryptocurrency on the KuCoin exchange. NEO GAS is generated on the change and is credited to NEO holders. This functionality is only available on Binance exchange now.


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