- Speedy registration process
- Massive variety of casino & slot games
- Works well on mobile
- Promotions and incentives of various kinds
- Massive country restrictions
About the KuCoin Exchange
KuCoin emerges as a paradigm of excellence and redefining the contours of digital asset transactions. Founded by visionaries passionate about blockchain technology, KuCoin transcends the traditional functionalities of a cryptocurrency exchange. It manifests as a comprehensive ecosystem that resonates with global investors’ aspirations and the cryptographic ethos of decentralization.
KuCoin is a Hong Kong based crypto coin exchange that seen its launch in 2017. The exchange support both the NEO and GAS markets and it is the first platform to distribute GAS on a daily basis.
KuCion claims to be the most advanced cryptocurrency exchange to trade coins such as Bitcoin, Ethereum, Litecoin, TRON, EOS, NEO, Dash and the self-appointed ‘People’s Exchange’.
The ICO (Initial Coin Offering) went through three phases.
- Phase 1: 70 million tokens issued to the founding members.
- Phase 2: 30 million tokens to consultants, and angel investors.
- Phase 3: 100 million tokens to the public.
Key Information
The exchange is very new to the market having launched in early 2017, but the team behind it have been involved in blockchain technology since 2011, and technical aspects of the exchange were ready in 2013. That meant the team has spent a few years perfecting the exchange and ironing out any problems.
KuCoin doesn’t conform to the archetype of a mere exchange. It’s an expansive platform that unveils a spectrum of investment avenues. The native token, KuCoin Shares (KCS), plays a pivotal role in this unique business model. KCS holders are privy to an array of exclusive advantages, including discounted trading fees and a proportionate share in the trading commission accrued by the platform. This innovative approach incentivizes user participation and investment, fostering a community of engaged investors.
Kucoin Token and Shares (KCS) has a total volume of 200 million USD. After the planned buyback, there will be 100 million tokens in circulation. After each financial quarter, at least 10% of the profit will be allocated to purchasing back Kucoin Shares (KCS).
- Started with the help of an Angel Investment
- KuCoin Bonus Plan
- Free GAS daily
- Smartphone app for iOS and Android
- Bank-Level Security
How Does It Work?
The exchange providers a trading platform where you can buy, sell and trade cryptocurrencies. The straightforward trading chart shows you everything from Live buy and sell transactions, trading volumes, and your buy and sell orders. The table has a variety of tools which can help you plot the market trends, what the market volumes are in real time over 5, 15 and 30 minutes, or for a more extended view between 1 and 8 hours.
Navigating the KuCoin platform is intuitively simple, inviting both seasoned traders and curious beginners. The interface is a blend of sophistication and simplicity, ensuring that high-frequency trading is a seamless affair. The potent trading engine is the cornerstone that facilitates brisk, voluminous transactions. Users are at liberty to toggle between interfaces, choosing one that resonates with their trading flair and technical comfort.
Advanced traders can use lines to find support and resistant lines to understand what the markets are doing and plan their trading strategy accordingly.
Depositing and Trading Fees
There are no fees to deposit into your account. You can only deposit cryptocurrencies into your account and not fiat currencies.
Trading fees are 0.1% of the coins you purchase. Traders who have KuCoin Share (KCS) will get a discount on their trading fees.
KuCoin breaks the mold with its investor-centric fee structure, challenging the stalwarts of the cryptocurrency exchange industry. The platform’s competitive edge is further sharpened for KCS token holders. They enjoy substantial trading fee discounts, optimizing investment outcomes and enhancing the liquidity of their digital assets. This strategy is not just an incentive but a testament to KuCoin’s commitment to offering tangible value to its users.
Withdrawal and Transfer Limits
Fees for withdrawing from your account are adjusted each coins market performance. There is a free structure chart on the site that gives you all the information regarding the fee percentage and minimal withdrawal amounts.
What Cryptocurrencies Are Available?
The essence of KuCoin is its astonishingly diverse selection of cryptocurrencies. It’s an arena where the titans of cryptocurrency, like Bitcoin and Ethereum, coexist with emerging altcoins, offering traders an unprecedented spectrum of investment opportunities. This diversity underscores KuCoin’s philosophy of inclusivity, catering to the varied palate of global cryptocurrency enthusiasts.
At the time of writing, there are 392 coins and 445 Trading Pairs on the exchange. KuCoin Tokens is available to all Ethereum wallets as the KCS are a cryptocurrency based on Ethereum.
The main coins used as trading pairs at the exchange are:
- Bitcoin
- Ethereum
- Tether
- NEO
- Paxos Standard Token
Trust and Fund Security
Despite encountering challenges on the cybersecurity front, KuCoin has emerged resilient, overhauling its security architecture. The platform’s fortification is an ongoing process, responsive to the evolving cyber threat landscape. While absolute security is aspirational, KuCoin empowers its users with robust security protocols, urging them to be proactive custodians of their digital assets.
The exchange has high-level privacy and operational level security systems that are based on standard banking systems.
Customer Support
There is a support page that has frequently asked questions and answers. If you can’t find what you are looking for on the page there is a Live chat function or you can raise a support ticket.
KuCoin exchange review – This cryptocurrency exchange is located in Seychelles and was launched in 2014. The latest 24 hours trading volume is $1,946,489,635.69 (50,106.56 BTC).
Conclusion
Despite encountering challenges on the cybersecurity front, KuCoin has emerged resilient, overhauling its security architecture. The platform’s fortification is an ongoing process, responsive to the evolving cyber threat landscape. While absolute security is aspirational, KuCoin empowers its users with robust security protocols, urging them to be proactive custodians of their digital assets.
In its essence, KuCoin is more than an exchange; it’s a testament to the limitless possibilities of cryptocurrency trading. It symbolizes a junction where technology, security, and user engagement intersect to create a transformative trading experience. By continuing to evolve and adapt, KuCoin stands as a beacon, guiding the global community through the ever-expanding cryptoverse.
About the Author
Is an online marketing expert and forex trader. He was one of the top 50 affiliates in the world for 8 years in a highly competivie niche. He has spoken on stages all around the world sharing his wisdon and success. Having successfully buildt and sold 9 websites for multiple six figure sums. He now spends his time helping others to learn how to trade and take their own trading and businesses to the next level.
